Is there anything more frustrating than when a 33/1 shot beats your odds-on favourite by a nose?
It happens much, much more often than it should. Luckily, we have got a way to make sure that you pick a winner each and every time. It’s called ‘matched betting’. It’s a risk-free approach to making money through betting. But, ironically, it does not involve any gambling at all. With matched betting, you can expect to make money each and every month, and below we are going to reveal how.
The low-down on matched betting
Matched betting is an approach that involves covering all outcomes of an event to ensure a profit is made. We do this by using the free bet offers and promotions that all bookmakers provide to their customers. You only need to take a look online or turn on the TV to watch the racing, and you will see plenty of free bet offers. We use these to ensure we make a profit each and every time, no matter the outcome.
Now, we know what a lot of you are probably thinking: If this matched betting business is that great, why isn’t everyone else doing it? Well, there are a few reasons. Firstly, not everyone knows about it. Secondly, many assume it’s going to be too good to be true. Thirdly, people find it too confusing. We’re here to break down these barriers so that you can enjoy some risk-free profit.
Why should you trust us?
Well, there are a few reasons:
1. Matched betting is tried and tested.
2. It has been featured in credible news publications.
3. We’re going to show you exactly how it works.
4. We’re going to give you access to our software for free.
How matched betting works
So, let’s get started, how does matched betting work? Matched betting involves placing two types of bets so that all outcomes are covered. The first is a back bet. This is a traditional bet placed at a standard bookmaker, for example, Coral, Paddy Power, or Sky Bet. It involves betting FOR something to happen. For instance, “I bet that Cue Card will win the Gold Cup 2017.” The second is a lay bet. This is the opposite. You are going to bet AGAINST something happening, i.e. “I bet that Cue Card will not win the Gold Cup 2017.” You place this type of bet via a betting exchange, such as Smarkets or Betfair. As you can see, all outcomes are covered, and you cannot lose.
Now, matched betting usually involves two steps. The first is placing the qualifying bet. Most free bet offers have the following format: “Bet ‘x’ and receive ‘y’ in free bets.” So, you need to stake a certain amount of money to get the free bet. To place a qualifying bet, you will place both a back bet and a lay bet using your own money. You won’t make any money, but you won’t lose any either. What you will do, however, is unlock the free bet. This is where cash is to be made. You place the free bet as a back bet, and you then place a lay bet with your money. This will guarantee a profit irrespective of the outcome.
An example: Coral’s sign-up offer
We know that this can all be a lot to take in, which is why we are going to take you through an example.
This is Coral’s current sign-up offer:
Offers like this are good to start with. They are small and don’t require a lot of money. You can then build up to the bigger offers once you are more confident and have more money available.
The steps you need to follow to complete this offer:
1) Sign up with Coral and deposit £5.
2) Open an account with a betting exchange. We’re going to choose Betfair. Then, deposit £40.
3) Place a qualifying bet. To do this, we’ll use the handy Yesbets software, as it tells us exactly where to put our money and how much of it we need to stake.
As you can see, for our qualifying bet, we are going to place £5 on Sheffield United to beat Walsall at Coral. We are then going to head to Betfair and place £5.28 on Sheffield United not to beat Walsall. Make sure the numbers are correct before proceeding.
Note: With the qualifying bet, you will either make or lose a few pennies. This is to be expected, and you will make more than enough profit to cover any small loss made during this stage.
4) Coral should have now credited your account with £20’s worth of free bets. This will be credited as 4 x £5 free bets. You again need to use the Yesbets software to find the best match.
We have found a good option: the horse Gawdawpalin in the 7.40 pm race at Kempton.
We’re going to place one of our free £5 bets on this horse. We are then going to head to Betfair and place £4.40 (the stake suggested) against this horse. This will return a profit of £4.18, no matter whether the horse wins or loses.
You can then use the remaining three bets on the same horse, or you can choose different selections.
For the sake of this tutorial, we are going to place all of the other free bets on Gawdawpalin too. This makes us another 3 x £4.18 risk-free. In total, we have made £16.72 just from this offer, plus the 2p we made when placing the qualifying bet.
Sign up with Yesbets
In order to make a profit, you need to use the handy software provided by Yesbets. Otherwise, you would need to look through every selection at every bookmaker and compare it with the exchange, which would simply take a lifetime. And, that’s without all of the difficult mathematical calculations! Instead, Yesbets do the hard work for you. They also present you with all bookmaker offers alongside tutorials and video guides. Live chat support is available, as is a profit tracker feature and access to a friendly Facebook community. You can get started with a free trial today and see for yourself just how easy it is.
Article Posted on Wednesday 1st February 2017 @ 11.45
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