Have you ever heard of matched betting but weren’t sure what it was? In a nutshell, What is matched bettingan investment strategy that allows individuals to take advantage of bookmakers’ free bets and other promotions while reducing their risk. This article will explain the basics of how matched betting works, so you can decide if it’s right for you.
What Is Matched Betting?
Matched betting is an investment strategy that takes advantage of bookmakers’ free bet offers and other promotions. By placing two bets at different bookmakers on the same event, you can guarantee a profit regardless of the outcome. It does this by taking advantage of the fact that most bookmakers offer free bets or bonuses when signing up for an account. As long as you place one bet with the bookmaker offering a free bet and another with an opposing bookmaker, you can guarantee a profit regardless of which team wins.
The Basics Of Matched Betting
The basic principle behind matched betting is simple. You find a bookmaker offering a free bet promotion (sometimes called a welcome bonus). Then, you sign up for an account with them and place your first bet using their bonus money. At the same time, you place another bet with another bookmaker on the opposite outcome (this is the “lay” side of the bet). This means that regardless of which team wins, you will make a profit since one side will win and one side will lose — both bets cannot be won at once!
For example, let’s say there is a football match between Team A and Team B and Bookmaker A offers €50 in bonus money if you sign up for an account with them and make your first deposit. You would then have to place two separate bets — one with Bookmaker A on Team A winning (using your €50 bonus) and another with Bookmaker B on Team B winning (this is the lay side). Regardless of which team wins, one side has to lose — meaning that as long as both teams are priced fairly by each bookmaker, then no matter who wins or loses you will have made a guaranteed profit from your two separate bets!
Matched betting also works if there are multiple outcomes available in any given event – such as football matches where there are three possible outcomes; home win/draw/away win or horse races where there are many more than three possible outcomes – as long as each outcome has been correctly priced by each bookmaker then no matter which outcome occurs, they both must be correct in order for your profit to be guaranteed.
Matched betting is not only easy to understand but also highly profitable if done correctly. The key to success lies in finding good value bets that offer enough odds for each outcome so that no matter who wins or loses, both sides must be correct in order for your profits to be guaranteed. If done well, matched betting can provide consistent profits over time without taking too much risk – making it perfect for those looking to make some extra cash without taking too much risk! So if you’re interested in trying out matched betting yourself, do some research online about how it works before getting started so that you can maximize your potential profits from this lucrative investment strategy!