What is Matched Betting?
Matched Betting is a very interesting strategy that allows the punters to take advantage of the free bets or other types of promotions which are offered by the bookmakers. In many of the cases it’s going to be a great strategy to potentially profit from these bonuses and instead of relying on chance or luck it relies mostly on some mathematical equations. Many times the return of the bonus awarded by the bookmakers is going to be situated around 85%.
Apart from other strategies like betting arbitrage, the Matched Betting is considered to be a completely legal method that is not going to cause any problems between you and the bookmaker. There is an old saying that in a bet there is a thief and a fool, and many tend not to disagree with this.
Before you can start applying the match betting, it’s always best to understand the concept. Things can be very simple afterwards. You need to open a free account at any of the online sports betting sites that are offering a free bonus. In addition to that you will also need to have an account with a betting exchange service, and that’s where you need to start placing another bet for the opposite result and this way no matter what the outcome of the event is going to be, you will be covered. Once you do that the first time you can always repeat the process with other bookmakers, especially since there are many of them available on the internet and there is potential for a profit to be made.
In case you are wondering how much you can potentially pull out of these offers, well, in many of the cases you can be left out with up to 95% of the free bet amount that you have and this is happening as the sports betting exchange systems are going to charge you with a 5% free when winning a bet.
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