What is Matched Betting?
Matched betting is a technique that can be used to lock in profits by placing differing bets on the same game or event. It has become incredibly popular in the UK, and the concepts are now making their way over to the US.
Matched betting isn't anything new and has been around for many years. With the addition of matched betting sites such as MatchedBets.com, OddsMonkey, Profit Accumulator and many more, matched. Matched betting is a proven technique which uses betting offers from bookmakers to make a regular and consistent profit. This amazing strategy helps tens of thousands of people to earn a second income and is an ideal way to make some extra cash in your spare time.
How does it work in the UK?
In the UK, matched betting is quite commonplace and somewhat easier to pull off. For a bare bones example, bettors place a bet with a bookmaker on the outcome of a game. They then head to a betting exchange and find action on the opposite side of the wager.
So what is a betting exchange? This is a platform that allows bettors to wager against each other with no bookmaker involved. Among the more popular and well-known UK bookmaker, Bet365.
How does it work in the US?
Five crowns. Over here in the US, betting exchanges aren't a thing as of yet, at least not on a widespread basis. Each individual state is working through its own set of rules and regulations to open legal sports betting. Some states are already up and running, including, Indiana, Pennsylvania and West Virginia.
Betting in a legal state is for both in-person wagering at a retail sportsbook, and via online websites and mobile apps.
In a bid to attract users, they will offer incentives for signing up, including deposit bonuses and no risk free bets. This is where matched betting in the USA fits in.
In a nutshell, users would open two accounts and take advantage of free bet incentives.
- On sportsbook A, you would place a bet on a certain outcome.
- You then place a bet on the opposite outcome at sportsbook B.
In the UK, matched betting is quite commonplace and somewhat easier to pull off. For a bare bones example, bettors place a bet with a bookmaker on the outcome of a game. They then head to a betting exchange and find action on the opposite side of the wager.
So what is a betting exchange? This is a platform that allows bettors to wager against each other with no bookmaker involved. Among the more popular and well-known UK bookmaker, Bet365.
How does it work in the US?
Five crowns. Over here in the US, betting exchanges aren't a thing as of yet, at least not on a widespread basis. Each individual state is working through its own set of rules and regulations to open legal sports betting. Some states are already up and running, including, Indiana, Pennsylvania and West Virginia.
Betting in a legal state is for both in-person wagering at a retail sportsbook, and via online websites and mobile apps.
In a bid to attract users, they will offer incentives for signing up, including deposit bonuses and no risk free bets. This is where matched betting in the USA fits in.
In a nutshell, users would open two accounts and take advantage of free bet incentives.
- On sportsbook A, you would place a bet on a certain outcome.
- You then place a bet on the opposite outcome at sportsbook B.
Free Matched Betting Sites
In a perfect world, you'll have placed both wagers by taking advantage of the free bet offers from online sportsbooks. Since you have staked nothing on both bets, the wager that's graded a winner equals profit.
Matched Betting United States
That's the gist of it, but there's a lot more to consider to insure that you are applying the technique correctly. Don't worry, we're going to walk you through all of it. If you need a free bet offer, you can find one here.
