What is matched betting? Your comprehensive guide

Look out for rewards with low wagering limits and low minimum odds for qualifying bets so that it is easy to meet all the terms and conditions to claim your reward. Always find out about the expected returns before you place your matched bets. Tools like calculators for lay odds will come in handy as you do your research. The key to maximising your returns when playing this strategy is to have the best odds you can find for your back bet and lay bet.

• There are so many bookies around it’s very unlikely you’ll have them all open yet so start with any you haven’t got yet.
• The Oddsmatching software shows that the odds for Wolves are close with back odds of 5.50 and lay odds of 5.80.
• Betting exchanges, such as the Betfair Exchange, allow customers to place back bets and assume the role of a fixed odds bookmaker.
• And products like Profit Maximiser and Profit Accumulator include details of ongoing offers you can take advantage of once you have rolled through all the introductory offers.
• Pay attention to your liability and your overall position, or profit.
• Still, you might occasionally play the role of a back user, so it’s important to understand both sides.

You can place 30 free bets in 1 hour, placing them on not-so-perfect arbitrage bets, with some decent losses. – Betting brokers DO NOT SHARE your details regarding your bets, with NOONE. So, you are safe, if you wager your FREE BETS on the biggest games, on main lines, NO bookmaker will know that you apply this strategy. For a limited time, we will offer those TIPS and TRICKS for free for our members. These tips and tricks are based on our experience of 15 years in applying almost all strategies that can exist in betting.

And, the lay bet should be readily available on your chosen exchange, to ensure you don’t lose out. To be able to lay your back bets, you will need to have a betting exchange account. Players need to be able to access bookmaker and betting exchange websites. In the example of the Arsenal match, by backing and laying Arsenal, you have covered every possible outcome of the event. You will get returns no matter whether Arsenal wins, loses, or draws. The bookies will continue to offer promotions to encourage you to use them e.g. ‘Bet £10, get £20 Free Bet’ etc.

With that said, you can expect to make over £850 from the initial sportsbook signup free bets. Betting exchanges allow you to propose a bet that you want to place. If another user is happy to take your bet, the bet becomes ‘matched’. The second user here effectively plays the role of the bookmaker. For every free bet you get, you can normally make a profit of around 80% – so a £50 free bet will net you around £40 cash – which you can withdraw directly to your bank account. At ThePuntersPage, we value responsible gambling and want to ensure the well-being of our players.

The process is the same, and I have a detailed walkthrough for each one. Check out my Matched Betting Academy to see which bookmaker you should tackle next. You’ll also be able to make another £300-£500 monthly from recurring bookmaker offers. At the time of writing, I’ve found odds of 2.20 for Spain to beat Italy (in a Euro 2024 football match) at Betfred, which is your back bet. On Smarkets (your betting exchange), you can lay Spain at odds of 2.32.

It involves placing multiple bets on the same event to cover every possible outcome. Now, you could just place your free mostbet download bets on anything you like and see if they win or lose, but you’d be relying on luck! With matched betting, you want to know you’ll profit from those free bets. In matched betting speak, the regular bettor has placed a back bet, whereas the user playing the bookmaker has placed a lay bet. You will almost always be on the lay side when using a betting exchange to matched bet. Still, you might occasionally play the role of a back user, so it’s important to understand both sides.

Withdrawal times differ between bookmakers and sometimes there’ll be extra delays that are out of your control. And this all means that you won’t always be able to guarantee when you have the amount of money you were expecting. All of the money you make from matched betting is 100% tax-free, and you do not have to declare your earnings to HMRC.

Scenario B: Team A Does Not Win

Don’t worry; your winnings at Betfred will cover this but for a few pence. Place your bets on popular events that regular people will be betting on. Betting exchanges use decimal odds by default, but most bookmakers display traditional fractional odds. You can usually switch to decimal odds via the top of the page, the sidebar, or your account settings. Browse our catalogue of sports free bets and betting offers. Using an exchange with low commission is crucial because commission is taken from your winnings.

How Does The Paddy Power Super Sub Offer Work?

Matching this bet with both outcomes means it doesn’t matter which bet “wins”. Instead, by placing it you will unlock free bet promotions. This is what gives matched betting its other name ‘free bet conversion’. It’s all about the odds and how to use them in your favour. Now that you understand how it works, it’s time to put the strategy into play to start winning immediately.

Well, that is to avoid the bookmaker ability to see what other pages you have opened in the same time. So, if they can see that you have an opened a betting exchange page in the same time, they may think you are using this Matched Betting Strategy. They will stop giving you FREE BETS, or, in rare cases, they can limit your account. They use to throw those FREE offers for existing members quite often !