Matched betting is becoming increasingly popular. The secret of its popularity is in its minimal risks. In this article, we will talk about this tactic. And if you want to know more about other types of strategies, for example, about smart betting, then we have something you will find useful. Our editorial team has prepared an article about the most successful betting strategies. So, read the text and become a little bit closer to your future success.
Example of Matched Betting
This type of betting is very similar to arbitrage. You are also looking for favorable odds on events from different bookmakers. However, for betting, you use the bookmaker’s bonuses. It means that the investment is minimal.
Here is an example.
- You register on the platform and fulfill the conditions for receiving the bonus.
- Repeat this procedure on another site.
- Using programs or manually, search for suitable events.
- Make opposite bets and get a guaranteed profit.
Let’s say you find the Sharapova-Williams match. Sharapova’s victory has 2.05 odds on one platform, and Williams’s is 1.9. And another bookmaker offers 2.10 for Williams and 1.85 for Sharapova. Accordingly, you bet on different tennis players. Either way, you win. In addition, bonus funds were spent on the bet, meaning you do not lose anything.
Matched Betting Tips and Tricks
This strategy has a few risks. To use it in the most successful way, use the following tips.
Start with the Lowest and Best Deals
Your task is to get maximum benefit with minimal investment. Therefore, choose offers with minimal entry thresholds. For example, the promotion “get $100 for a $5 deposit” is more profitable than the “$100 for a $50 deposit” offer. Of course, the larger the bonus amount, the better. This will give you more options. Therefore, consider bonuses based on how profitable they are for you.
Combine or Stack Bonuses
Some bonuses can be combined for greater benefits. For example, you can receive bonus funds and additional free bets or free spins. Therefore, learn to read the rules carefully and get the maximum benefit from bonus programs. Take all aspects into account. If using free bets on both platforms reduces your profit potential, place one cash bet.
Start with Casino Offers Only After Sports Betting Offers
When you are done searching for the best bets on a sportsbook, move on to the casino. Many platforms have an even more lucrative casino bonus program. It would be a mistake not to take advantage of this. Of course, you should move to a casino after you have mastered the methods of tracking bonuses and know how to apply a matched betting strategy.
F.A.Q.
This strategy operates within the law. You have every right to use it. However, for bookmakers, it means losses, so they monitor arbitrageurs and bonus hunters. If the bookmaker’s rules have a corresponding clause, you may be blocked.
You don’t need any knowledge of sports to search for matched bets. You must compare odds. Therefore, you will need knowledge about betting, the ability to convert odds into different formats, and the ability to count.
You can start with small amounts. The main thing is that they give you the opportunity to receive a bonus. Most often, the minimum threshold for a promotion is a reasonable amount.
