Matched betting is a technique used to profit from the free bets and bonuses offered by bookmakers. It is a risk-free form of gambling that is legal in the UK and Australia. Matched betting is not gambling because you are not risking your own money. You are simply taking advantage of the bookmaker’s offer. In this blog post, we will explore how punters profit from matched betting. We will discuss the different types of bets, how to place them, and what to look for in a good bookmaker.
How Do Punters Profit From Matched Betting?
Matched betting is a technique that allows punters to profit from both the winnings and losses of their bets. By placing two opposing bets on the same event, they can guarantee themselves a profit no matter what the outcome of the event is.
To understand how this works, let’s say that you’re betting on a football match between Manchester United and Liverpool. You place a £10 bet on Manchester United to win at odds of 2.0 (1/1). At the same time, you place a £10 bet on Liverpool to lose at odds of 3.0 (2/1).
If Manchester United win the match, then you’ll receive £20 back from your winning bet (your original £10 stake plus £10 in winnings). And because you also placed a bet on Liverpool to lose, you’ll lose that £10 bet. But overall, you’ll still be up by £10.
Matched betting is a type of gambling that involves placing two bets on the same event – one bet with a bookmaker and the other with a betting exchange – in order to guarantee a profit.
The vast majority of matched bettors are profitable, but how much profit they make depends on a number of factors, including the amount of time they spend matched betting, the size of their bankrolls, and the offers they take advantage of.
Some matched bettors make several thousand pounds per month from their activities, while others only make a few hundred. There are even some who lose money through matched betting, although this is usually due to making mistakes or taking excessively risky bets.
Matched Betting As A Career
Matched betting is a great way to make a living from gambling. It involves placing bets on both sides of an event, in order to guarantee a profit. For example, if you were to bet on Manchester United to win their next match, you would also bet on them to lose. This means that no matter the outcome of the match, you will always come out ahead.
Matched betting is not only a great way to make money, but it is also a lot of fun. Many people who start matched betting find themselves addicted to it and quickly turn it into a full-time job. If you are looking for a way to make some extra money, or even replace your current income, matched betting could be the perfect solution.
What Ends A Matched Betting Career?
There are a few factors that can end a matched betting career prematurely. Firstly, if the punter is not disciplined enough to stick to their strategy, they will likely make mistakes which will lead to losses. Secondly, if the bookmakers cotton on to what the punter is doing, they may limit their accounts or even close them down entirely. Finally, if the Punter simply runs out of money, they will no longer be able to place bets and so their matched betting career will come to an end.
Making Profits With Gubbed Accounts
If you’re a matched bettor, you’ll know that one of the key elements to making profits is having access to multiple betting accounts. This is because you need to be able to place both your qualifying bets and your free bets in order to maximise your profits.However, there’s a problem that can arise if you have too many betting accounts – some bookmakers will start to limit or ‘gub’ your account. This means that they’ll either reduce the odds that they offer you, or they’ll prohibit you from placing certain types of bets.
Matched betting is a great way for punters to profit from sports betting. By using a matched bet, they can guarantee themselves a profit no matter what the outcome of the event is. This makes matched betting a very safe and profitable way to bet on sports. I hope this article has helped you.