What is matched betting?
What is matched betting?
Match betting is a technique where you bet on both sides of an event, with the aim of cancelling out your risk and guaranteeing profit.
The technique is often used by professional gamblers to ensure they make money from every event they gamble on, by placing a lay bet on exchanges such as Betfair and placing a back bet on bookmaker sites.
Professional gamblers make money by taking advantage of discrepancies in the odds or using bookmaker promotions to guarantee profit.
The benefits of matched betting are as follows:
- It is a risk-free way to gamble
- It can be done from the comfort of your own home
- Matched betting is legal.