Football

Matched Betting – A Risk Free Betting System

Betting on sports online by itself is very dangerous. You’ll probably lose in long-term as 98% of punters do! To avoid losing and to cut off your loses and only profit from online betting you can use a system called Matched Betting. When using Matched Betting you don’t really care which team will win you’ll get money anyway.

Betting on sports online by itself is very dangerous. You’ll probably lose in long-term as 98% of punters do! To avoid losing and to cut off your loses and only profit from online betting you can use a system called Matched Betting. When using Matched Betting you don’t really care which team will win you’ll get money anyway.

If you are already betting online you’ll probably notice that many online bookies give you sign-up promotions. When you put first bet bookie gives you bonus money to bet with. For example, when you register with a bookmaker you get 50 pounds in free bets after your 50 pounds bet settled. But to get that bonus out to your wallet you need to fulfil bonus conditions which are often very hard. For example, you need to rollover your money many times on high odds to be able to withdraw bonus and most likely you’ll lose your bonus.

To safely extract bonus you need to use betting exchanges. Betting exchanges allow you to bets where simple online bookies give you the possibility to only back certain event to happen. Lay bet is opposite to Back bet that means that you’ll win money when any other match outcome happens. For example, you LAY team A to win a match. You’ll get money when team A loses and team B wins or it’s draw.

To extract bonus you need to put BACK bet in a bookie and LAY the same event in betting exchange. In the end, you end up losing nothing. Basically, you have two outcomes:

  1. You end up losing all money and bonus in a bookie and winning the same amount of money and plus bonus money in betting exchange.
  2. You have safely completed bonus conditions in a bookie and now you can withdraw bonus money.

Now your bank is by 50 pounds larger you safely extracted bonus money. Repeat the process with other bookmakers.

You can apply this method to many online bookmakers who offer bonuses and free bets. In the end, you’ll get pretty impressive sum.

At first, it may seem difficult but once you get it, it’s actually a very easy way to get money. And it’s almost risk-free!

To learn more and get useful tips and advice about matched betting read Matched Betting Guide.

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