What is matched betting is just a risk-free method of earning profits by taking advantage of bookmaker promotions. It involves placing two bets, one on an outcome happening and the other on the contrary outcome not happening. By doing this, you are able to guarantee a gain whatever happens in the event. Sounds too good to be true? Let’s take a peek at how Matched Betting works and why it’s not gambling.
What is Matched Betting?
At its core, Matched Betting is approximately benefiting from bookmaker offers and free bets to make 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 process ensures that you usually have some sort of return on your own investment – whether that be described as a small profit or just breaking even – no matter what happens in the event itself.
Matches betting has become increasingly popular in recent years because low risk nature and possibility of high returns without risking any real money. In reality, many folks have made significant levels of money through Matched Betting without ever being forced to gamble risks their particular bankrolls.
How Does Matched Betting Work?
Matched Betting works by exploiting bookmaker offers such as for example free bets or promotional offers which may be used to lock in profits whatever happens in a event or game. For instance, if you had been to place £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 would automatically guarantee yourself a gain no matter who won the match! The reason being if Arsenal win then you definitely are certain to get your original £20 stake back plus £10 from winning your first bet and if Manchester City draw or win you then will 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 isn’t considered gambling because it doesn’t involve any real risk – all profits are locked in before the function even starts! Which means that no real matter what happens in a event or game, you’ll always come out ahead – something can not be said for traditional kinds of gambling such as for example sports betting or casino gaming where there’s always some degree of uncertainty involved in regards to predicting outcomes and ultimately getting paid out for your wins! Additionally, unlike traditional forms of gambling where there is usually some element skill involved when picking winners/losing teams etc., Matched Betting requires almost no knowledge whatsoever – all that’s required is basic understanding of how odds work and just how to calculate potential returns based on those odds (which most online calculators do for you nowadays). This means that everyone can take part without needing almost any prior experience or expertise – which makes it incredibly accessible for newbies looking to make some supplemental income!
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 have the ability to lock in profits whatever happens in an event or game – something can’t be finished with traditional kinds of gambling such as for example sports betting or casino games where there is always some element risk involved when predicting outcomes correctly! With its ease-of-use and accessibility for starters alike, Matched Betting could provide an excellent opportunity for anyone looking to produce some extra money without risking their particular bankrolls!