Matched betting is a betting strategy that lets you gain from bookmakers’ free bet bonuses, bonuses and offers by using Smarkets’s betting exchange to earn a low-risk gain. We clarify what matched betting is, how it work and how to make a matched bet.
Matched betting clarified
Nearly all bookmakers provide sign-up and Reload bonuses along with specials on large events like the Cheltenham Festival, Champions League and Grand National.
Unlike conventional betting – in which bettors are expected to predict a result – matched betting takes advantage of those bookmaker incentives.
To execute a matched betting plan, you Simply put a bet with the bookmaker who provided you the free bet and then put, or bet against, precisely the exact same outcome about the Smarkets betting market – learn how to create a lay bet.
This Permits you to pay all possible Results, eliminating your threat, and lock in a gain no matter the final outcome.
The way to qualify for matched betting offers
All matched betting provides – siphoned bonuses, Free bets and reload provides – will ask that you set a ‘qualifying’ bet. By making your qualifying stakes, it ensures you’re qualified for the offer.
However, Be Sure to read the bookmaker Bonus little print, and make certain you fulfill all requirements before putting your matched bet. For instance, you could be asked to bet at particular chances or on a particular event.
When matched bettingyou ought to create your Bets on results with shut back and put chances, which allows you to lessen your qualifying losses and increase gains.
Here’s an illustration to show you How You Can qualify for matched betting provides.
Let us say you’ve been provided a #50 signup Bonus using a bookmaker, and also to obtain that you need to set a #50 qualifying bet.
You’ve selected to put your qualifying bet on the Championship game between Leeds United and Rotherham. The chances for Leeds are 1.53 (rear) in your bookmaker and 1.57 (put) to the Smarkets exchange.