What Is Matched Betting?
Matched Betting is technique similar to arbitrage betting that is used to take advantage of the various promotions and bonuses that bookmakers offer. We leverage these bonuses to guarantee a profit. We do this by covering all outcomes of our bets across several bookmakers.
This allows us to extract cash from the bonus bets or free bets. By using this strategy you can bet on an event with no risk of losing, using the bonus bet is where we get the edge.
How Does Matched Betting Work?
Basically, matched betting is a term used to describe backing all outcomes of a game and making sure you can't lose.
There are two types of bets which get placed every time:
- Back bets – this is where we bet that an outcome will happen. These are placed at a bookmaker.
- Lay bets – this is where we bet that the same outcome will not happen. These are placed at a betting exchange (Betfair for example).
How Much Can I Make from matched betting?
With the sign up bonuses available you can extract about $3000 of profit initially. Then we play the ongoing promotions to earn a steady $1000 each month (approx, it can vary obviously).
Do I Need experience with betting?
No, you do not.
The majority of people doing this have not betting knowledge, most don't even watch sports or horse racing.
What if I already have accounts with bookmakers, can I get the bonuses?
Even if you are not able to get the initial sign up bonus bets, you will be able to profit from the daily promotions
In the facebook group we discuss the offers on every week that we can make some cash profit from.