Matched Betting is a risk-free technique used to earn tax-free profits from the free bets & promotions offered by online bookmakers. It\u2019s based on a simple strategy rather than chance \u2014 so, despite involving sports betting sites, it’s not gambling at all. Anyone can learn Matched Betting without any prior experience of betting.<\/p>\n
Don\u2019t be put off because Matched Betting involves \u201cgambling\u201d. <\/strong>Thousands of people in the UK, from all kinds of occupations and backgrounds, are making a second income from Matched Betting. You just need to follow the process and place the correct bets.<\/p>\n <\/p>\n Matched Betting is the name given to the risk-free strategy that extracts a profit from sports betting promotions. It is also referred to as “bonus hunting” or “bonus bagging<\/a>” — but those terms are most commonly associated with advanced techniques used to earn a profit from online Casino bonuses (which is more risky).<\/p>\n The process of Matched Betting requires an account with a bookmaker and a betting exchange, where at least one is offering a free bet. When the free bet is placed on a sports event, the other account is used to hedge all the possible outcomes, thereby eliminating risk and ensuring that no matter what happens a large portion of the free bet is retained. At its simplest, a matched bet involves placing a:<\/p>\n More advanced versions of Matched Betting involves placing bets at multiple bookmakers to avoid the commission charged for using an exchange. This is known as dutching.<\/p>\n <\/p>\n Provided you hedge your risk, and place bets at the optimal odds, there isn’t a catch. I’ll get on this later in the article.<\/p>\n The only snag is that bookmakers incorporate several terms into their promotions, usually requiring that customers risk their own money (at minimum odds) before being able to obtain the free bet.<\/p>\n Matched Bettors get around this by placing a qualifying bet with the bookmaker and a second bet against the same result at the betting exchange. The latter is required to offset any loss in the event that the bookmaker bet does not win. This process usually incurs a small loss (\u00a31-\u00a32) temporarily, prior to securing a profit from the free bet using the same process.<\/p>\n Essentially, the only catch is that bookmakers don’t just give away free bets for nothing. Nonetheless, the process is still profitable.<\/p>\n <\/p>\n It goes without saying that you need to be over 18 years of age. But aside from that, strictly speaking, there’s only three essential things required for Matched Betting:<\/p>\n You\u2019ll need some cash to deposit to both the bookmaker and betting exchange.<\/strong><\/p>\n Without money you can’t\u00a0become a Matched Bettor. However, you don’t need to be rich to get started as you can build up your bankroll\u00a0slowly using\u00a0low value offers (Free Bets) to begin with.<\/p>\n The lowest value Free Bets\u00a0are\u00a0around \u00a310. In order to profit from one of these promotions\u00a0you’ll need approximately \u00a330-70 <\/strong>of spare cash.\u00a0<\/strong>This is used for the\u00a0<\/strong>‘Qualifying Bet’ and ‘Free Bet’.<\/p>\n You’ll need a free bet from a bookmaker or betting exchange.<\/strong><\/p>\n The biggest and best free bets are offered to new customers that haven’t ever deposited or placed any bets before.<\/p>\n So if you’ve signed up to several Bookmakers already then you’ll be\u00a0limited to the “reload” offers for\u00a0existing<\/em> customers. This means you won’t be able to claim new customer “sign-up” promotions.<\/p>\n When claiming any bonus it’s highly important to take note of any promotional codes, “opt-in” requirements, or minimum deposit amounts. Failure to get this right can invalidate your eligibility for the offer.<\/p>\n To stay up-to-date the very best free bets currently available, I highly recommend subscribing to a Matched Betting Service<\/a>. The best ones feature a daily list of free bets to tackle.<\/p>\n You’ll need to have an account with at least one betting exchange.<\/strong><\/p>\n The obvious option is Betfair because it has the most liquidity (available money to take for a bet). This means you’re less likely to ever encounter a scenario where you have to queue your stake in order to get matched on your (opposing) Lay bets. However, there’s other exchanges that charge lower commission for using their service.<\/p>\nWhat Is Matched Betting?<\/h2>\n
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What’s The Catch?<\/h2>\n
What Do You Need For Matched Betting?<\/h2>\n
\n1. Money<\/h3>\n
\n2. Free Bet<\/h3>\n
\n3. Betting Exchange Account<\/h3>\n
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