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Beginners Matched Betting Guide 2019 – Step By Step Tutorial

batcall

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Matched Betting (or “Match Betting”) is a proven technique used to earn tax-free profits from the free bets & promotions offered by online Bookmakers. It’s based on a simple risk-free strategy rather than chance — so it’s not gambling at all. Anyone can learn it, no matter how little they know about sports betting.

Don’t be put off because Matched Betting involves “online gambling”.

Make no mistake: thousands of people in the UK, from all kinds of backgrounds, are making a second income from Matched Betting. You won’t regret learning it.

This Matched Betting Guide Has 3 Parts:
  1. Matched Betting Basics Explained
  2. Meeting Rollover Requirements / Placing Qualifying Bets
  3. Placing Free Bets to Secure a Profit


1. MATCHED BETTING BASICS EXPLAINED
To help get you started, here’s a basic outline of what’s involved in Matched Betting

WHAT IS MATCHED BETTING? WHAT IS A MATCHED BET?
A “matched bet” is where you place two opposing stakes on a sports event to eliminate your risk. It’s pretty simple:

  1. BACK (bet FOR) a sports outcome at a Bookmaker.
  2. LAY (bet AGAINST) the same sports outcome at a Betting Exchange such as Betfair, Smarkets or Matchbook.
For newbies, a “Lay” bet is basically betting against an outcome by “accepting” bets on it — just like a Bookie does. So for example you might Lay £10 on Spurs to win a match; which is effectively betting on them to either draw or lose. If you’re right, you win £10. If you’re wrong (i.e. Spurs win), you have to pay someone out their winnings. More on this later.

Learn more: Lay Bets Fully Explained

Importantly, the two bets you place at the Bookmaker and Betting Exchange cancel one another out, meaning that you break even. No win, no loss. But breaking even doesn’t help you to earn money, right?…

Right.

That’s why you have to involve a Free Bet in your two-part matched bet. Then it suddenly becomes profitable. This isn’t gambling as you know it — this is Matched Betting.

WHAT DO YOU NEED TO START MATCHED BETTING?
To earn anything from Matched Betting you’ll need the following:

  1. Betting Exchange Account. Open an account with Betfair or a comparable betting exchange.
  2. Free Bet. Find a signup promotion offered by a Bookmaker that you do not already have an account with.
  3. Money. You’ll need some cash to deposit to both the Bookmaker and Betting exchange (e.g. Betfair).
 
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