What is Matched Betting?

Matched Betting is a very safe, low-risk way of pocketing some cash using the “Free Bets” online bookies offer as incentives to sign up and gamble with them.

Before we get started, you should know that this is not a “get rich quick” system – you can get rich, but it’ll take some time, effort and patience.

If you’re still reading, that hasn’t put you off and you must be serious about making some money, so let’s get to it!

So how does it work?

With Matched Betting you are taking advantage of the free bets and offers many online bookmakers offer as incentives to new customers. Most of these offers usually require you to sign up and place a bet of a certain value of your own money on some event before you get access to the “free money” they offer in the form of a bet.

Most people that take up these offers will use their free bet to back the favourite in some event – to them it seems like they’re just buying money as they’re backing the favourite. There are 2 problems with this mindset:

  1. Favourites tend to have poor odds – If you back the favourite and win, you usually only win a relatively small amount.
  2. There’s no such thing as a dead cert! Upsets happen all the time in sport.

Matched Betting is a much better way to use your free bet without the risk of losing your own money by using a betting exchange such as Betfair.com or BETDAQ.

For a full description of how Matched Betting works, check out our guide: How does it work?

Premiership Betting