Matched Betting
What Is Matched Betting?
You might be wondering what is matched betting?
In this section I will give a brief overview on what matched betting actually is and what you might want to get to make it way easier for you to make profit and to make things a little eaiser.
Well matched betting is basically a way that you can extract profit from free bets offered by bookmakers. Here's how it works.
When the bookmakers give you a promotion, for example "Bet £10 Get A £10 Free Bet", you have to place a couple of bets at pre determined stakes and in the end you extract a portion of profit on that free bet. That’s it. Easy money!
Well there are only a few websites that you need to know to extract that profit.
1. Bookmaker - the bookmaker is the place that you get the promotions/ offers from. They are exactly like the only that you seen on the high street except…online. The bet that you place at the bookmaker is known as the BACK bet.
2. Betting Exchange - the betting exchange is the place where you can bet against the bet that you place on at the bookmaker. This is so all outcomes in an event are covered. This is known as the LAY bet. This may sound confusing but trust me, it will at first but it will become easier.
3. Oddsmonkey - Oddsmonkey is not a necessity but it is strongly advised that you open up an account with them as they can teach you in depth the different parts of matched betting and how to make the most out of it. Also they have great tools that speed up the process and extract more profit out of a bet. They also have a great community that are in the same boat as you or have alreay walked the path you are currently on. Sign up to Oddsmonkey HERE
These are the 3 websites that you will be using.
This is where I’m going to leave it off as hopefully I have spread the word about this fantastic way to make money online with next to no risk, the only risk is if you balls up on the placing a back or lay bet. Again, if you do make a mistake there are ways to correct things so please don't hesitate to ask the Oddsmonkey community.
If this has peaked your interest and you are not bored yet then you can go to the ‘Step By Step Guide To Matched Betting’ part of my website where I go through the different ways to make money from matched betting and i also show you a step by step walkthrough of a standard sports bet and give my tips that people didn’t tell me from the start.
If you want to jump straight into it and start earning then click the link to sign up to Oddsmonkey and earn your first £60+ in 60 minutes.