Matched betting is the fastest way to profit from the world wide web in this new era of online casinos and sports betting. It is a brilliant way to earn a good income using nothing more than your laptop, a bookmaker, and the internet. Matched betting allows you to make a nice living without cheating or scamming anyone. There are many myths surrounding this industry, so we will expose some truths in this article.
Understand What is Matched Betting
Matched betting is a legal and simple technique that anyone can use to generate a second income. The method involves using bookmakers’ free bets and bonuses to guarantee a profit. This is done by placing both back and lay bets on the same event with different bookies. The aim is to extract more money as possible from the free bets while also ensuring you make a profit regardless of the outcome. Most sites offer free bets to newcomers. So, make the most of welcome offers to get started. For example, sign up to a betting site and place a bet. If you win, great. If you lose, the bookmaker will give you your money back as a free bet.
Now you have your free bet. It’s time to make some money from it. It would help if you had to find an event with odds that match (or come close to) the odds of your free bet. Then you need to place both back and lay bets on this event with different bookies. This will ensure that you will make a profit regardless of the outcome.
Bookies Offer Free Bets and Bonuses to Attract New Customers
To attract new customers, online bookmakers offer free bets and bonuses. These offers are usually in a matched deposit where the bookie will match your first deposit up to a certain amount. For example, if you deposit $50, they will give you $50 in free bets. Another common offer is enhanced odds, whereby the bookie will offer much higher odds than usual on certain events.
For example, they might offer England to win at odds of 5.0 (decimal) when the actual odds are only 2.0 (decimal). This is a great way to boost your profits, but you need to be careful as the bookies will often limit your bet amount. Matched betting is all about taking advantage of these free bets and bonuses. By placing both back and lay bets, you can guarantee a profit regardless of the outcome.
Extracting Maximum Profit from Free Bets and Bonuses
The key to making money from matched betting is to extract as much profit as possible from the free bets and bonuses offered by bookies. There are two ways to do this. The first is to place the bets and hope for the best. This is a high-risk approach as you could easily lose your entire deposit if things don’t go your way.
The second and much safer approach is to use a matched betting calculator. This tool will work out the ideal bet size to maximize your profits. Using a calculator lets you be sure that you are constantly placing the correct bets and extracting the maximum amount of profit possible.
The Value of Using an Odds Matcher
An odds matcher is a tool that compares the odds of different events at different bookies. This allows you to quickly and easily find the best value bets. For example, if you were looking to bet on the English Premier League, you could use an odds matcher to find the match with the highest odds. This would ensure that you are consistently placing your bets at best possible price.
Odds matching is an essential part of matched betting and is something that you should always do before placing a bet. Using an odds matcher, you can be sure that you are getting the best value for your money.
Bonus Bagging – The Key to Maximizing Your Profits
Bonus bagging is a technique that allows you to extract maximum value from bookie offers. It involves taking advantage of reload bonuses, which are offers that bookies give to existing customers to encourage them to keep betting with them.
Using a matched betting calculator, you can work out how much to bet on each outcome to ensure that you make a profit regardless of what happens. Bonus bagging is a great way to boost your profits and should be something that you always do when reload bonuses are available.
Matched betting is a relatively uncomplicated concept. The idea is that if you’re betting with one or more bookies, you can always find an offer in which you are simply betting on something and not placing a related wager. The technique can differ depending on your odds and the bookmakers’ availability, but it’s out there.