We’ve talked about how you can make money out of sports betting before.
However, there is one thing that we have never discussed and this is how you can actually make money out of nothing without going into any risk.
Many people aren’t aware of a specific technique called matched betting and this is exactly why we are here.
To show you how this works.
So if you want to enrol in a world of countless opportunities that can make you money sit back, relax and get ready to take a look at our matched betting for beginners guide.
What Is Matched Betting?
Matched betting is a certain technique which via free promotional bets offered by bookmakers combined with some simple math can guarantee you a profit.
Yes, you read that right, a guaranteed profit!
Every time a holiday or major sports event is coming towards us online bookmakers will start offering some pretty generous welcome gifts.
You must have heard before of something like this: “Bet 10£ and get 30£ in free bets”.
So by using this technique, you will be combining those special offers awarded from one bookmaker with a normal bet placed somewhere else.
Now, it’s time to see exactly how this thing works.
How Does Matched Betting Work?
Let’s say that you have 100$ and want to turn that into 500$ to buy a new laptop.
You have no job and no way of making any more money.
But wait, there is a way and that way is called matched betting. Here is how it works.
Keep in mind that you will need at least a small budget, to begin with, so you can work your way up.
You are going to find a new bookmaker, we recommend going for the most trustworthy ones.
You will sign up and get your welcome offer probably being a free bet of some sort.
Let’s say that you must bet 20$ to be eligible to get it.
So you are going to find a good game with the minimum odds being those mentioned in the welcome offer and you are going to place a bet on it.
For the sake of this example, we will say that the game you bet on was Manchester City – Arsenal and you bet on the latter one to win with 2.50 odds.
You are going to place a lay bet, as betting against a team is called, which means that you will select the option of Arsenal not winning.
So by doing this, you are going to get your money back no matter what happens and you will also be able to claim the free bet.
This is where the matched betting technique comes in.
Now, you are going to bet on a selection with bigger odds using your free bet.
If the free bet was 20$ this is the amount you are going to wager.
Keep in mind that this amount isn’t actually in your wallet, it is imaginary and if you win you will get only the winnings and not the wager back as well.
Only very few bookmakers will offer the opposite.
Advantages And Tips
Apart from the guaranteed profits, which in our opinion is the only thing you should care for, there are plenty more.
1. No experience needed
We don’t say that being a matched betting professional is easy but in no way is it difficult either.
Anyone can pick it up provided he has no compulsion or addiction to gambling.
You must be sharp though so you don’t miss out on the best odds that can prove to be the most fruitful.
There are tons of online resources that can help you. Some of them are free like the calculator we mentioned previously and some of them may come with a small price.
2. It can be combined with other tactics
We already said that but we can’t stress it out enough. You don’t have to bet on single games in order to make money out of matched betting.
As soon as you get the hang of things you can start wagering on accumulators.
In case you don’t know what a football accumulator is then you can check out our latest article. We explain how you can use this betting option and provide some tips as well.
3. Sign up everywhere
You aren’t going to make a lot of money if you only stick to a couple of bookmakers as the offers will eventually run out. Some of the best ones we would recommend are Bovada, Leo Vegas, William Hill, Marathon Bet, and Bodog.
4. Use all the good offers
Free bets aren’t the only way to make money out of matched betting.
Sure, they are the easiest ones to implement in your betting strategy but there are other ways to get them as well.
Some bookmakers offer to reload bonuses and as soon as you place the first eligible bet you will get another free bet similar to the one you got when you first registered on the platform.
In some special occasions and promotions, various events can trigger a free bonus where you would get part of your wagered money back or even a full refund.
These can be if specific player scores or the horse you bet on finishes second on the race.
5. Place the same bet on various bookmakers
When you are getting ready to do something like that you have to be extremely careful not to mess up the odds on the calculator.
If you don’t want to do it there is an alternative.
Some bookmakers instead of giving you a big free bet they will divide it into smaller ones. No need to worry as in most major platforms you will be allowed to use them all on different bets which can all apply to the exact same game and outcome.
Now that we have only 5 months to go before the World Cup kicks off it would be the best possible time to take on this moneymaking strategy.
We hope that our matched betting for beginners guide will help you make some risk-free money on the side so you can try your luck on higher stake bets.
It is true that many professionals get their full incomes by betting.
Why don’t you become one of them? Just go online and start betting. We guarantee that if you follow everything we advised you to do in this article will earn you money.