What is MATCHED BETTING and how does it work Make Money Guaranteed
MATCHED BETTING and how does it works
Matched Betting works by using free bets and bonuses offered by the bookmakers to make guaranteed profits.
For Example (Coral) Bet £5 to get £20 in free bets We make money from the free bets
We cover all outcomes of a particular game to ensure that, no matter what happens in the game, we come out in profit.
To repeat: It doesn’t matter what happens in the game your profit is guaranteed regardless.
In order to master the technique of Matched Betting, we need to place two kinds of bets:
1) Back Bet (At Bookies)
Using a bookmaker (for example Coral), we might place a bet on Germany to WIN a football match. This type of bet is called a BACK bet, because you’re backing Germany to win. We will use BACK bets in order to qualify to get the free bets as a lot of bookie offers require you to place a bet first before you can get your free bet. Do not worry though, you do not need to gamble your money in order to get the free bet. We can use LAY BETTING to make guaranteed profits and remove all of the risk
2) Lay Bet (On Exchanges explanation below)
With a betting exchange (for example, Betfair), we would then place a bet on Germany to NOT win a football match. This type of bet is called a LAY bet, because you’re betting AGAINST Germany winning. This type of bet would also cover us against the draw, because a draw would count as Germany NOT winning
The LAY selection is in PINK (Betfair Exchange Example)
To sum up
Back Bet is for your selection TO WIN
Lay Bet is for your selection NOT TO WIN