Student’s guide to make money by Matched Betting,UK

A student’s guide to making money from matched betting

I have made enough money from bookmakers in just four months to pay for a return flight to Australia and I still have change – a lot in fact. This trip will be my reward after my studies are finished – I have earned it – earned it with the hours spent on my coursework and exams I mean, not the actual ‘earning’ of the money – that was actually easy in comparison.

From my opening statement, you’ll probably assume that I’m gambling. After all, that’s what we go to bookmakers for isn’t it? Well yes, I am betting, but I’m not gambling.

What I'm showing you here is a completely legal, tried-and-tested method called 'matched betting'. It basically allows you to clean up at the bookmakers to extract their free bet and bonus offers, turning them into serious cash.

The national press has often covered matched betting as a way to make a risk free income.

What is matched betting?

Matched betting is a way of squeezing out the many free bets offered by the hundreds of bookmakers. All the bookies promote these offers to entice new customers in to place bets with them.

For example, ‘bet £25 with us and we'll give you a £25 free bet!’

How does it work?

Firstly, don’t worry, you don't need to know all of the betting terminology, it’s more about  ‘working’ the numbers than being an expert on sport. It is however, important that you know two types of bet which allows matched betting to work:

A 'back' bet

Is betting for a certain outcome to come true, eg. ‘I bet Chelsea will win, is a backing bet. If it comes true, you win the bet and the winnings. If Chelsea lose or draw, you lose your stake. You can place a back bet at any bookmaker, such as Coral, William Hill, Ladbrokes etc.

A 'lay' bet

Is betting against a certain outcome to come true eg. ‘I bet Chelsea will not win’ is a lay bet. If they lose or draw, you win the bet. You can only place a lay bet at a betting exchange such as Betfair.

Matched betting works by selecting an event and placing both a ‘back’ and ‘lay’ bet on it, therefore cancelling out your risk because whether your bet wins or loses, you have not lost anything. You are ‘matching’ your bet.

So at this point you have broken even and placed your qualifying bet at the bookmaker. Now of course, you will be awarded your free bet by the bookmaker and this is where your profit is made.

You simply repeat the process using your free bet but this time, again, whatever the result, you will make a profit – this is because the cash which you used to place your ‘back’ bet was free – it was from the bookmaker’s pocket.

Want to get started with matched betting?

Well, you’ll want to sign up with a matched betting website such as MatchedBet. They do all of the hard work for you enabling you to save time to fit in more matched betting.

They take you through each matched betting guide step by step and provide you with tutorials, a supportive member’s forum and fantastic customer service.

All of the matched betting tools that you need are provided: the matched betting calculator, the oddsmatcher which finds and filters all of the odds from 90 bookmakers and 4 betting exchanges in real time and also the more advanced software that you’ll be using when you are well into your matched betting journey.

Contact Details:

Matched Bet (Guaranteed Risk Free Income)
Matched Bet, New Hythe Lane,
Maidstone, Kent, ME20 6RZ, UK
Phone: 02034880542
Email: support@matched-bet.net 
URL: http://www.matched-bet.net/