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[giahalliday-blog]

[giahalliday-blog]

Matched Betting - What is it?

Matched Betting is a completely risk free strategy of guaranteeing profit from online bookmakers.

Everyday bookmakers give away free cash in the form of ‘free bets’ and bonuses. Matched Betting is the process of turning these free bets and bonuses into real cash, completely risk free.

Matched Betting certainly isn’t new – It’s a risk free money making strategy that’s been around for years.

The reason you may only be hearing about it now is that there are now several companies out there that offer to teach you matched betting (for a small monthly fee).

These companies provide training, step by step guides, and video tutorials on how to make money with no risk matched betting.

There are several ways to learn more about matched betting, and numerous online instructions such as this Matched Betting Tutorial I have found It can be learned free of charge from one of the many matched betting blog that have sprung up recently.

However, going with the paid option is what I personally recommend for beginners as although matched betting is risk free, it is very easy as a beginner to make mistakes.

Going the paid subscription route significantly reduces the learning curve and risk, as the tutorials are far superior to anything you can find on the internet for free.

How to make money matched Betting? A typical bookmaker offer is usually something along the lines of – “Bet £5 and get a £20 free bet”.

So if we spend £5 with this bookmaker, they’ll give us a free bet. We can’t withdraw free bet money, but we can turn it into risk free cash which CAN be withdrawn.

All you need to be able to begin is a ‘matched betting calculator’. These are generally free, and can be found all over the web.

So here’s a simple breakdown of how it’s done, using Arsenal vs Man Utd as an example

Select ‘Normal/Qualifier’ mode in the calculator Enter your stake into the calculator (£5 in this case) Enter the bookie back odds Enter the exchange lay odds Place your £5 bet with the bookie on Arsenal to win Play your ‘lay’ bet on Arsenal in the Betting Exchange 

These two bets effectively cancel each other out. So whether Arsenal win, lose, or draw.. we won’t win (or lose) any money.

But... We now have a £20 free bet

The procedure with the free bet is the same as the first.. Lets use Chelsea vs Man City as our example

Select ‘Free Bet SNR (Stake Not Returned) in the calculator Enter the stake (£20 in this example) Enter the bookie back odds Enter the exchange lay odds Place our £20 free bet with the bookie on Chelsea to win Play our ‘lay’ bet on Chelsea on the betting exchange

Once these bets have settled, we have now generated a profit from the free bet money that can be withdrawn!

This might seem confusing.. But after watching the tutorial video mentioned above this should make more sense.

If you’re wondering which matched betting service I recommend, Profit Accumulator is hands down the best in my opinion – And there’s a great review of profit accumulator here.

Any questions? Drop me a comment below!