Matched betting is a risk-free betting strategy that leverages free bet promotions offered by online bookmakers. Here’s a quick guide on how it works:
- Step 1: Sign Up for Bookmakers – Register with one or more bookmakers offering free bet promotions.
- Step 2: Place a Qualifying Bet – Bet your own money on a selection to qualify for the free bet offer.
- Step 3: Lay the Bet – Using a betting exchange, place a ‘lay’ bet against your original bet to cover all outcomes.
- Step 4: Receive Free Bets – Once the qualifying bet settles, you’ll receive free bet tokens from the bookmaker.
- Step 5: Repeat the Process – Continue placing matched bets using free bet tokens and laying them off to ensure a profit.
This method is legal and considered low-risk, making it popular among bettors looking for a guaranteed return. Ensure you understand the terms and conditions of each bookmaker’s offer and use dedicated software to simplify the process.