Make money from Matched Betting
How does matched betting work?
Firstly, you don’t need to know all of the gaming vocabulary should you follow the steps below, but it is important that you know two Kinds of bet which allow matched gaming to work:
A’back’ bet
Betting for a certain result to come true. Eg. “I wager England will win” is a backing bet. If it comes true, you win the wager along with the winnings. If England draw or lose, you reduce your stake. It is possible to set a back wager at any given bookmaker, such as Paddy Power, William Hill, Ladbrokes etc..
A’lay’ wager
Betting against a specific outcome to come true. Eg. “I wager England will not win” is a lay bet. Should they lose or draw, you win the wager. You can only place a lay bet at a betting exchange such as Betfair.
Matched gambling operates by cancelling out the risk on the’back’ bet at the internet bookies by betting against yourself in the same chances (know as’placing’ a wager ) which you can perform at a betting exchange. In other words, you are’matching’ your wager.
Smiley_faceFollowing your initial or’qualifying’ bet, you will then be awarded the free bet by the bookmaker. This is the point where the gain is created. Quite simply, you repeat the procedure: wager using the free bet and then lay the bet. Whatever the result you’re guaranteed to earn a profit (which I will be displaying below).
How much benefit can I make?
For every matched wager, you will be left with up to 95 percent of this free bet amount as profit. This is because betting exchanges generally charge a commission of 5% on winnings. You may also create a tiny loss on the qualifying wager due to the minor difference in odds on each and every site. This is normal, and you will recover this when you utilize the free bet.
Poundsign_shakyIn the measures below I will demonstrate how to profit out of a #20 free bet employing a real life example. Replicate the same steps across the countless free bet offers each year and you may quickly be looking at #1,000s.
And it is worth pointing out, earnings from the gambling industry are currently tax-free.
What is the risk?
Question_markAnyone can discover how to do paired gambling and, in concept, there is no risk involved since you are covering yourself by betting for and against exactly the same event.
However the risk comes when errors are made thus, once again, you want to double-check everything and follow the steps exactly. On rare occasions free stakes don’t necessarily come through immediately, so just be patient.
Once you’ve recognized the process and been successful by following the steps below, you can then continue paired betting at many other online bookies using free bet offers (see my table end) which can quite quickly land you a lot of money without danger.
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