Introduction:
What is matched betting is just a risk-free means of making money by taking advantage of bookmaker promotions. It involves placing two bets, one on an outcome happening and one other on the opposite outcome not happening. Using this method, you are able to guarantee a profit regardless of what 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 is Matched Betting?
At its core, Matched Betting is about benefiting from bookmaker offers and free bets to produce a guaranteed profit. It involves placing two bets, one with a bookmaker and one with a betting exchange. The bet placed with the bookmaker uses their free bet or promotional offer, as the bet placed with the exchange will lay off any potential losses incurred from the very first bet should it lose. This method ensures that you usually have some type of return on your own investment – whether that be considered a small profit or just breaking even – no matter what happens in case itself.
Matches betting has become increasingly popular lately because low risk nature and prospect of high returns without risking any real money. In reality, many individuals have made significant levels of money through Matched Betting without ever needing to gamble risks their own bankrolls.
How Does Matched Betting Work?
Matched Betting functions exploiting bookmaker offers such as for example free bets or promotional offers which may be used to lock in profits whatever happens within an event or game. As an example, if you were to position £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’d automatically guarantee yourself a profit irrespective of who won the match! The reason being if Arsenal win you then are certain to get your original £20 stake back plus £10 from winning your first bet and if Manchester City draw or win then you can get your original £20 stake back plus £16 from winning your second bet – giving you either way!
Why Is Matched Betting Not Gambling?
Matched Betting is not considered gambling because it doesn’t involve any real risk – all profits are locked in before the big event even starts! This means that no real matter what happens in an event or game, you will always come out ahead – something which cannot be said for traditional types of gambling such as for instance sports betting or casino gaming where there’s always some extent of uncertainty involved in regards to predicting outcomes and ultimately getting paid out for your wins! Additionally, unlike traditional forms of gambling where there’s usually some element skill involved when picking winners/losing teams etc., Matched Betting requires hardly any knowledge whatsoever – all that’s required is basic understanding 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). Which means everyone can take part without needing any type of prior experience or expertise – rendering it incredibly accessible for newbies looking to create some extra revenue!
Conclusion:
Matched Betting is becoming increasingly popular over recent years because low risk nature and potential for high returns and never having to risk any real money. By exploiting various bookmakers offers such as for instance free bets or promotional offers, matched bettors are able to lock in profits whatever happens in a event or game – something cannot be finished with traditional kinds of gambling such as for example sports betting or casino games where there’s always some element risk involved when predicting outcomes correctly! With its ease-of-use and accessibility for newbies alike, Matched Betting could offer an excellent chance for anyone looking to make some extra cash without risking their particular bankrolls!
