Matched betting for dummies – This ultimate matched betting guide will take you step by step from matched betting dummy to matched betting pro in no time at all.
You’ll soon be making a guaranteed profit from the comfort of your own home.
Rather than rehashing existing content, where appropriate I’ve added links to separate, more in depth articles on our site.
I’ve split the article into the following 3 sections to make it easier to read and navigate. Feel free to use the links below to jump to different section in the article.
What is matched betting?
No risk matched betting or double betting as it’s sometimes called is an incredibly popular method of making money online.
It’s used by thousands of people throughout the UK and further afield to make a brilliant second income.
Individuals take advantage of bookmakers’ free bets and promotions and make a guaranteed profit in the process.
Due to the huge range of promotions, matched betting is a viable source of long term income for those looking to invest a little effort.
For more information, check out our what is matched betting article?
How is matched betting risk free?
Generally speaking, betting is never risk free. There’s always chance involved which makes it very difficult to make any money from.
So how can matched betting be risk free?
The simple answer… matched betting is not gambling.
It’s a proven strategy, that when followed correctly leads to a guaranteed profit.
Matched bettors know the outcome of their bets before an event has even started.
You can watch your favourite football team in the knowledge you’ll make a profit no matter what the outcome is. No more anxiously waiting for another goal to be scored…
We can explain the matched betting process for as long as we like, but you really have to see it in action to truly believe its potential.
Is matched betting legal?
You may be wondering whether any of this is legal.
Matched betting is 100% legal and some betting companies even endorse this method.
Check out is matched betting legal for more explanation.
How much can I expect to earn?
An important question you’re probably thinking.
Matched betting is arguably the most popular and profitable way of making money online.
Check out this result from the well-known site Save The Student – they rate no risk matched betting as the number one way to make money online.
The earnings must be good right?
Most members earn around £500 each month.
But you don’t want to be average…
Lucky for you, the top earners rake in as much as £1000 each month.
As with anything, your earnings will vary.
It all depends on how much time you invest in no risk matched betting and how effectively you complete each offer.
Whilst earning a living from matched betting can be challenging, our experienced members still pull in a great income.
What’s more all of these earnings are completely tax free.
In this section we’ll look at the inner workings of matched betting step by step and find out exactly how this technique works.
The main matched betting concept
Back and lay betting is the main concept behind matched betting.
This term may be new to some of you so we’ll break it down into two parts.
This is your typical kind of bet.
So I would bet on something to happen. Let’s say Leicester will win the Champions League in 2019.
We place this bet at a traditional bookmaker like Coral or Ladbrokes.
Lay bets are the direct opposite of back bets.
A lay bet is saying something won’t happen. So following on from my previous example, I’d now bet that Leicester will NOT win the Champions League in 2019 (much more likely, I’ll add)
For each offer we take advantage of, we place both a back and a lay bet like the example above.
These two bets cancel each other out, making the process risk free.
The purpose of this is to trigger our free bet whilst not losing any of our own money.
It may take some time to get your head around this concept but once you’re there it becomes second nature.
I advise you check out our back and lay betting article before moving on.
Matched betting tools
Gone are the days when matched betting was a manual process.
With all the technology around today, different tools and software are available that dramatically speed up the matched betting process.
The first of which and possibly the most important tool on our list is the matched betting calculator.
This tool is essential for matched betting as it allows us to calculate our bets ensuring we get the best possible result.
The maths behind matched betting is quite complex but this is all taken care of with our very own betting calculator.
For more information on how to get the most out of this tool check out our calculator page.
The best way to find out whether matched betting is for you is by giving it a go.
We can explain the process for ever but until you try a matched betting example, you won’t have proper taste for how it works.
Matched betting services
No risk matched betting can seem quite challenging for beginners. There are lots of new concepts and key terms to get your head around.
That’s why it’s important to summon the help of matched betting experts. This avoids any confusion and stops you making any mistakes.
Furthermore, matched betting services will greatly increase the profitability and long term success of your strategy.
Here are just some of the benefits of signing up to a specialist matched betting site.
- Expert tutorials that explain matched betting in a simple and easy to understand manner – all created with beginners in mind.
- Outstanding customer support including an awesome matched betting forum
- Offers updated on a daily basis
And much more…
If you’d like to read some more information before you move on you can always head over to our matched betting blog where you’ll find plenty of helpful articles with all the latest matched betting tips, tricks and much more.
Thanks for reading our matched betting for dummies article and we hope to see you on the inside very soon.