What is matched betting is a risk-free way of earning money by taking advantage of bookmaker promotions. It involves placing two bets, one on an outcome happening and another on the alternative outcome not happening. By doing this, you are able to guarantee a gain whatever happens in the event. Sounds too good to be true? Let’s have a look at how Matched Betting works and why it’s not gambling.
What’s Matched Betting?
At its core, Matched Betting is about using bookmaker offers and free bets to create a guaranteed profit. It involves placing two bets, one with a bookmaker and one with a betting exchange. The bet placed with the bookmaker use their free bet or promotional offer, whilst the bet placed with the exchange will lay off any potential losses incurred from the very first bet should it lose. This process ensures that you usually have some kind of return in your investment – whether that be a small profit or perhaps breaking even – no matter what happens in case itself.
Matches betting has become increasingly popular in recent years due to its low risk nature and potential for high returns without risking any real money. Actually, many people have made significant amounts of money through Matched Betting without ever needing to gamble risks their own bankrolls.
How Does Matched Betting Work?
Matched Betting functions by exploiting bookmaker offers such as free bets or promotional offers which is often used to lock in profits whatever happens in a event or game. Like, if you’re to place £20 on Arsenal winning against Manchester City at odds of 1/2 (1.5) with one bookmaker and then place £20 on Manchester City not losing at odds of 5/6 (1.83) with another bookmaker, you would automatically guarantee yourself a profit aside from who won the match! The reason being if Arsenal win you then can get your original £20 stake back plus £10 from winning your first bet and if Manchester City draw or win then you definitely will get your original £20 stake back plus £16 from winning your second bet – providing you in any event!
Why Is Matched Betting Not Gambling?
Matched Betting isn’t considered gambling because it generally does not involve any real risk – all profits are locked in before the event even starts! Which means that no real matter what happens in a event or game, you will always come out ahead – something can not be said for traditional forms of gambling such as for example sports betting or casino gaming where there is always some extent of uncertainty involved in regards to predicting outcomes and ultimately getting paid out for your wins! Additionally, unlike traditional types of gambling where there’s usually some element skill involved when picking winners/losing teams etc., Matched Betting requires very little knowledge whatsoever – all that’s required is basic knowledge of how odds work and just how to calculate potential returns in relation to those odds (which most online calculators do for you personally nowadays). This means that anyone can take part without needing almost any prior experience or expertise – which makes it incredibly accessible for starters looking to make some extra money!
Matched Betting has become increasingly popular over recent years because of its low risk nature and prospect of high returns and never having to risk any real money. By exploiting various bookmakers offers such as for example free bets or promotional offers, matched bettors are able to lock in profits regardless of what happens in an event or game – something can not be completed with traditional forms of gambling such as for instance sports betting or casino games where there is always some element risk involved when predicting outcomes correctly! Having its ease-of-use and accessibility for starters alike, Matched Betting could offer an excellent chance for anyone looking to create some more money without risking their very own bankrolls!