Matched Betting for Beginners

MilosNS
September 2, 2021
1470 Views
matched betting

Undoubtedly, you have tried all the popular systems and strategies of sports betting in the past and realized that betting could sometimes be quite demanding. All those odds, markets, sports, stakes, and other things needed for a successful and profitable sports betting career can sometimes be complicated. It is not easy to make money from sports betting long-term. You’ve probably also heard of a betting discipline called Matched Betting. It is a specific type of sports betting that should bring a safe and constant profit every month if the rules are followed correctly.

With this short article on Matched Betting, we will bring you closer to the basics of this exciting sports betting discipline. Before that, we must note that Matched Betting can only be used in online sports betting and that this strategy can’t be used in casino games. However, respectable online casinos also offer bonuses to their players. However, we can’t use these bonuses to make a sure profit.


Editors’ Choice: Best Online Betting Sites 2024

Logically, to profit from sports betting, you need to have open accounts with at least a few quality online bookmakers. Many players struggle when choosing the right bookmaker. That’s why we’re here. With our objective reviews, you can gather the proper information and decide where to register.

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Ivibet has positioned itself as a trustworthy company, despite not being market veterans. With their modern design and many additional gambling options, they have attracted many younger players, who are not easy to impress. We especially value fair treatment towards users and high limits, which do not change even if the player is a born winner.

The quality of the welcome bonus is especially important in the matched betting discipline. Ivibet also stands out from the competition here as it offers every new player a 100% matched bonus up to €150.


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If you are looking for a matched betting partner, you have to look at what the 20bet betting site offers. This young but highly quality brand must be in the portfolio of every competitive bettor. Their qualities are many, but the greatest is undoubtedly the large number of deposit methods and high limits. Naturally, many players trust this bookmaker.

Once you register on the 20bet betting site, you will get a welcome bonus. Every bettor will get a classic matched bonus of 100% up to a maximum amount of €100. If you use our link 👇, a special prize awaits you!


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Almost every day, new players come to the gambling industry for adrenaline and profit. Many people find it quite challenging to decide which online sportsbook to start with. Our recommendation is always to use proven brands, just like 22bet. This now legendary sportsbook has gained a large number of fans due to its fantastic offer of matches and excellent odds.

Of course, new players like to receive a welcome bonus in addition to the betting offers themselves. 22bet is the right sportsbook for that because it has an excellent matched bonus. With it, you get a 100% increase on your first deposit up to a maximum of €122.



MoneyManagement

In Matched Betting, investments are considered risk-free. Also, it is entirely legal. Although you may find articles on the Internet claiming the opposite, don’t believe them. The only truth is that online bookmakers do not look kindly on players who take their money entirely legally.

How is that possible? You play the same game but in two different sportsbooks, and you take advantage of the odds by doing that. So, it is a kind of investment that makes a legal profit.

Of course, potential problems can occur while playing. However, if you use this strategy correctly, you will have guaranteed success.

Also, this way of betting is entirely legal. Everything you do in Matched Betting is completely by the book. You simply take advantage of the bonuses that bookmakers offer you free of charge and make real money from them.



Starting with Matched Betting?

Every state prohibits underage betting, so bettors must be older than 18. Additionally, to have a personal computer or mobile device with a stable internet connection. Finally, it is necessary to master some basic terms used in Matched Betting:

BACK BET: This is the standard bet type. You bet on the result you think will happen. For example, in a match between Arsenal and Chelsea, you think Arsenal will win. Bookmakers offer odds of 3.00 for Arsenal to win. You place a bet, and the bookmaker accepts. If Arsenal wins, you will get three times the amount you bet (€10 * 3.00 = €30 – €10 stake, gives €20 net profit).

LAY BET: You bet that something won’t happen. In other words, with this bet, you take on the role of a bookmaker and accept bets from other players. Something like this is possible on sites like Betfair or Betdaq called Betting Exchange. For example, in the same game a little while ago, you think Arsenal will not win. You must set the odds on Arsenal at 3.00, decide how much you will risk, and wait for someone to accept it. If Arsenal wins, you are obliged to pay three times the stakes, and if they do not win, you get a stake (minus the commission from the Betting Exchange).

BET SIZE: The amount of money required to pay your back bet. Calculating the potential profit is easy: (stake * odds) – stake = profit.

BET LIABILITY: The amount of money that shows how much it will cost you if you lose the lay bet.

If you struggle to calculate this data constantly, interesting free tools on the internet make this process much more manageable.


How does Matched Betting Work?

There are two rounds of placing opposing bets. Bettors bet in the qualifying round to receive a bonus from the bookmaker. In a specific sportsbook, you play that some team will win, and in a betting exchange, you play that they will not win. In this way, you make the so-called “safe bet,” and you are in profit no matter how the match ends. After that, you play for real profit. When you get a bonus, you play with that bonus money and repeat the same process as the first time. You play on one team in a sportsbook while you play against that team at a betting exchange. So, it is a win-win situation and an easy way to make money on betting.

Of course, not everything is so great and easy. You need to calculate your stakes and liability well so that you do not lose a bet by mistake. For that, as we said, there are handy tools on the internet that help you find the right match, which calculates the best stake and liability for you.

The most important thing to know is that Matched Betting is a legal and legitimate way to make money at bookmakers by taking advantage of the bonuses offered to you by various online bookmakers.


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FAQ

  • Is matched betting legal?

    Yes, matched betting is an entirely legal form of sports betting. Still, many betting sites do not like players who practice matched betting, and if they suspect that you are trying this discipline, they might suspend or limit your betting account. That’s why you need to be careful and choose your bets wisely.

  • What is matched betting?

    Matched betting is a betting technique that mathematically guarantees profit to a bettor (if used correctly). In simple terms, every player needs to place different bets on the same match and generate profit from different odds offered by various betting sites. Matched betting involves placing a back bet using a free bet at the sportsbook and placing an opposite bet at the betting exchange.

  • How to understand odds in sports betting?

    There are several types of odds that can be displayed at betting sites. The most popular are decimal, fractional, and American odds. Depending on your geo-location, you are probably familiar with one type of odds, while others are a complete mystery for you. If you want to understand all types of odds, you might use odds convertors to see how other types of odds work.

  • Which new betting sites are good?

    New sports bookmakers appear on the market every day, and it is pretty tricky for players to decide which one to register with. At Bet Experts, we provide our readers with honest reviews of new bookmakers and help them make the right decision.

  • What is spread betting?

    Spread betting is a fast-paced betting market that has become very popular in recent years. It is an alternative to traditional fixed odds sports betting. It is essentially a prediction of what will happen in a specified market for a given sports event. Spread betting can be practiced in many sports, as well as in financial trading.

Author MilosNS

MilosNS is our senior content writer, SEO guru, and first ever tipster who started working with us, and he is still here. He is a well-known name in the sports betting industry, and his knowledge about anything betting related is vast. If you have any questions, or doubts, MilosNS has the answer for you.

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