Guide To Matched Betting
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Guide to Matched Betting

What's going on?

I make money at home by Matched Betting and you can too.

What is Matched Betting?

Firstly, Matched Betting is *not* gambling.

Matched Betting takes advantage of promotions available from betting websites in the form of free offers and bonuses. These offers are available when you sign up to betting sites (bookies) and also on an ongoing basis.

While Matched Betting involves placing bets, “Matched” refers to the fact that each bet we make is matched with an opposing bet to cover all outcomes. Thus, we are not gambling at any point.

Matched Betting is 100% legal. Matched Betting takes money from bookies, who in turn make their money by fleecing the public (so-called mug punters).

Who is Matched Betting suitable for?

Matched Betting is perfect for adults who have a few spare hours per week and would like to earn several hundred pounds of tax-free cash a month from home with fairly minimal effort.

Matched Betting does not require special knowledge of sports or gambling experience. I had neither. You may, however, gain a newfound interest in sports through Matched Betting.

Finally, I would say that Matched Betting is suitable for those who want an interesting and oftentimes hilarious hobby. I do Matched Betting with my brother and it has been a lot of fun.

What do I need?

To start Matched Betting, you will need £60. If you have more than that, you will be able to progress much faster. You will also need to have a UK address and documents proving your identity.

How does it work?

Let's go through the basic concept.

First, we find a betting website (bookie) offering a bonus.

Let's say we find a bookie with “Bet £20, get a £10 free bet” offer.

Now, using our own money, we need to place a qualifying bet to receive the free bet.

To do this, we bet £20 on result A (the “back bet”) at event 1 and then place a bet against result A elsewhere (the “lay bet”). The lay bet will be placed in an online exchange, which is different to a bookie.

Here, we adjust the stake of the lay bet according to the lay odds so that either bet winning gives more or less the same result.

The qualifying bet pair will usually lose a small amount of money due to the difference in odds. Let's say we lose £1. Now remember, completing the qualifying bet allows us to receive the bonus free bet.

Having received our free bet, we then repeat the process of backing and laying a bet on event 2 using the £10 free bet at the bookie and our own money at the exchange.

Here, we set our lay stake lower to take into account that the back bet is a free bet and this is what allows us to guarantee our profit on the free bet. We aim to finish with 70-80% of the value of the free bet intact.

After completing the bets, we can see that we have lost £1 and gained £7 for a net profit of £6. We can now withdraw the money or leave it and search for more offers.

This is essentially all there is to it.

What now?

If you're intrigued by the concept of Matched Betting, please head over to my blog for recommendations, detailed guides, step by step walkthroughs, and more. Thanks for reading!

My blog

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