What is it, how do your do it, and why if you can’t lose doesn’t everyone do it?
So I had heard about matched betting but didn’t really understand what it was. The only betting I had done was the usual big event like the Grand National or at a race meeting.
So what is Matched Betting?
The definition of Matched Betting is:
Matched betting (also known as back or lay bet matching, or doublebetting) is a betting technique used by individuals to profit from the freebets and incentives offered by bookmakers. It is generally considered risk-free as it is based on the application of a mathematical equation rather than chance.
Take Manchester United v Chelsea you decide to place a back bet of £10 on Man United to win. You then place a lay bet at an exchange against Man United winning so whatever the outcome for Man United, win or draw your bet is covered.
When looking and researching Matched Betting I noticed that a lot of people looked at a system to help them called Profit Accumulator. You can get a months trial for free and then cancel, to see if this is something you can and want to do. Profit Accumulator will walk you through the offers with written information and videos to watch.
They have a couple of beginner’s offers where you open accounts with bookies and place bets with free bets as opening offers. From the free bets you can usually make about £30-£50.
For our Matched Betting Journey starting July 2016 read here