A short guide to matched betting

Matched betting is a great way to make money in your spare time and make £1,000 per month tax-free. Matched betting really is risk free too and the reason it is risk free is because of a thing called a betting exchange. A betting exchange allows you to place lay bets which means you can place bets on selections to not win or events to not occur. In a football game for example, if you placed a lay bet on a football team, you would win your bet if the game ended up in a draw or if the team lost (because they did not win). Matched betting works because you place a back bet at the bookmaker and then you place a lay bet at the betting exchange to make all outcomes profitable. If a betting exchange didn’t exist, you wouldn’t be able to place a lay bet anywhere else.

A betting exchange is a great experience and if you are a gambler, using a betting exchange is much better than the traditional bookmakers. On a betting exchange, you can bet as much as you wish without getting your betting accounts restricted. The odds are also usually much better on the exchange which means you should make more money if your bets wins which gives you better value across the bookmakers.

If you are fed up with losing your hard earned money to the bookmakers however, it may be better for you to do matched betting instead. This way you will not lose any money at all and every bet you place will be a profitable one. The days of losing money will be long gone and provided you learn matched betting and how all the different methods work, you could see yourself earning a very good side income for not much work. It is not unusual for matched bettors to make £40 per hour in their spare time because it is that profitable. Another great thing too is that using a betting exchange is easy and once you have used an exchange a few times, you will very quickly get used to the terminology and how the lay bets are different to back bets. You will also understand how to use the platform to make sure you are always locking in a risk free profit and you can also double check your figures and bets to ensure that no mistakes have been made. Many rookie matched bettors make mistakes when they go at it alone and using a matched betting service can mean that you won’t make as many mistakes early on because you will be in the hands of a very good service that has excellent tutorials.

So if you have not used a betting exchange before, it may be ideal to sign up to a matched betting service that have put together very good tutorial videos and text for you to learn how to use a betting exchange and place bets on there which are risk free. I recommend Smarkets and you can read a review here.