Here's an example of a free bet I took advantage of last week, and how I ensured I would profit by a minimum of £4.54. In addition to 'free bets' from sign up offers, there are also more advanced ways to profit from matched betting (bet clubs, extra places, 2ups). You can then 'guarantee' that you walk away with up to ~£9.50 of the free bet - or £9 profit. For example, a 'free' £10 bet that requires a £10 qualifying bet will cost around £0.50. With matched betting techniques, you place this bet and lay it at the same time to gain the free bet for a small cost. In reality, many free bets require you to first place a 'qualifying bet'. By adjusting how much you lay, you guarantee some profit.In this example, you are essentially betting on your team to lose or draw (not win). Laying the bet is when you bet on that outcome not to happen.

At the same time, you lay that bet on an exchange.

You rub your hands with glee as you place that free bet on your favourite team to win at the weekend.

It is best explained with the simple example of a free bet given to you by your favourite bookie for being one of their 'favorite customers': Matched betting is a simple technique used to profit off of bookie sign up bonuses and promotions. If you have, have ever, or think you may a propensity towards developing a gambling problem, please check out the following resources:Īnd it you do not understand the maths behind matched betting, please step away from this too.

Whilst matched betting is technically not gambling, it brings you right into the hornets nest. I was right confused by FSB Technologies and Vivaro, AG Ltd, & Progressive Play There may be some errors, so please point them out. This is because some bookies talk to each other.Ĭompiled after much Googling, spreadsheeting, and checking with the Gambling Commission. But then some other pain in the butt put the idea of grouping all of said bookies by owner/operator.

I've been slowly easing myself (back) into matched betting for the past few months (I actually did a bit of this many years ago).īut I don't like doing things by half, and some pain in the butt put the idea of making a list of all UK bookies together. Matched betting appears a lot on r/beermoneyuk.

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