What is Matched Betting?
Put simply Matched Betting is a guaranteed way to beat the bookies by making use of their regular free bets and bonus promotions. Most bookies give sign up offers where they will credit you with a free bet for example of £25, of you first deposit and bet £25 of your own money. Now the secret is to bet that £25 of your own money with out risking losing it! Sounds impossible? Well the trick is to make use of an online betting exchange such as Betfair.com , where you can effectively act as a bookmaker. Using a betting exchange, you make a ‘lay’ bet on the same outcome which you backed at the bookies. When you ‘lay’ a bet you are betting that the event won’t happen (acting like a bookmaker)
Done correctly, your original ‘back’ bet at the bookies along with your ‘lay’ bet at Bet fair will cancel each other out, meaning you do not lose money whatever the outcome is (This is your qualifying bet). Having now qualified for your free bet without risking anything, you can make use of this free bet by repeating the process, backing and laying the same event, thereby converting the value of the freebet into cash.
Now in reality it is difficult to get the maximum value from every free bet, however it should be possible to get at least 85% of the value. Factors which
affect the value you get, include whether the free bet is Stake Returned (SR) or Stake Not Returned.(SNR).
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£25 Free Bet after wagering £25 + £10 betfair Challenge Bonus
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£25 Free Bet after wagering £25. See Site For Details
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£50 Free Bet - See Site For Details
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£25 FREE Bet after betting £25 -See Site For Details
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