Taking Advantage Of Bonuses With Matched Betting
If you’ve heard about Matched Betting, but aren’t entirely sure what it’s or how it works, you’re in the right place. Matched Betting (also referred to as back or lay bet matching) is an activity that has become increasingly popular in recent years. It involves using offers from bookmakers, such as free bets, to produce a guaranteed profit for yourself. Here we shall explain what Matched betting is, how it works and why people use it.
What’s Matched Betting?
Matched Betting is the procedure of using free bets and other bonuses made available from online bookmakers. It involves placing two separate bets; one with a bookmaker (known as a back bet), and one with a betting exchange (known as a lay bet). The back bet involves placing a wager on an outcome of an event to win (e.g. Team A to win) whilst the lay bet involves placing a wager against an outcome happening (e.g. Team B never to win). By doing this, you can guarantee yourself a gain regardless of outcome of the event because you’re ‘matching’your bets against each other – hence the word ‘Matched Betting ‘!
How Does Matched Betting Work?
To be able to take advantage of Matched Betting, you need to be aware of two types of offers; risk-free bets and bonus promotions. Risk-free bets involve placing more than one wagers and never having to risk anything from your own personal pocket – they’re usually offered in the form of free bets where you should place one wager with your own money and then receive another free bet token which may then be utilized on another event/wager without having any additional cost connected with it. Bonus promotions involve receiving bonus money when creating deposits or placing certain kinds of wagers that meet certain criteria – they are usually offered in the proper execution of reload bonuses or loyalty rewards where you must meet specific requirements before to be able to withdraw any bonus funds won from them.
After you have identified an offer that meets your criteria for Matched Betting, all that’s left for you really to do is complete the necessary steps for every single offer – this usually involves registering for an account with an online bookmaker, building a deposit into your account and then placing a number of wagers in line with the terms & conditions connected with that one offer. Once all steps have been completed successfully, any bonus funds or free bet tokens awarded will be credited into your account and then can be used on other events/wagers once more ensuring yourself a guaranteed profit regardless of outcome!
To conclude, we’ve discussed what Matched Betting is and how it works at length so hopefully now you have all the information needed to get going! Remember though there are risks associated with gambling so please ensure that you realize everything before getting involved – if done right though, Matched Betting can be incredibly lucrative! Best of luck!