In the online betting world, there are many different types of bets that you can place. These include the standard bet on a particular outcome and more unusual bets like props and future bets. But one of the most popular ways to bet on an event is by placing a matched bet. This article explains what a matched betting deal is and how it works, as well as its advantages and disadvantages compared to a matched bonus. For serious bettors with a significant amount of funds to risk, it may be worth investigating matched betting deals for your preferred sporting events. A matched betting deal works differently from a standard matched bonus because you’re essentially getting money back if you lose your original wager. Matched bonuses are also available at some bookmakers, but they work slightly differently.
Top 10 Best online Sports Betting Sites with Matched Bonus and Matched Betting in India
What is a Matched Betting?
Matched betting is a technique used by bettors to make money by matching their bet amount as closely as possible with potential winnings. In other words, matched betting is placing a bet at a bookmaker in order to receive a free bet of the same amount if you win your bet. This is done in order to profit from the difference in odds between the two bets. To put it simply, matched betting is a type of arbitrage that involves placing an initial wager at one bookmaker and then making another wager at another bookmaker for a higher amount based on the outcome of the first bet. In the event that the initial wager loses, you can use the second wager amount to cover the loss.
How does matched betting work?
The most common type of matched betting is the “accumulator” wager, where you select a number of different outcomes for a single event and combine them into one bet. If you’re betting on a Premier League match, for example, you could select a 4-team accumulator and bet $10 on each of the teams to win. If one of them ends up winning the match, you win $80. But if all of them lose, you lose your $10 bet. This is where the matched betting comes in. Let’s say that you’re betting at 10Bet, which offers a $10 free bet if you place a $10 accumulator bet. To profit from the matched betting, you would place the $10 accumulator bet on the Premier League match and then place the $10 bet at 10Bet on the same Premier League match. If the Premier League match ends up winning, you get $10 from 10Bet to cover your $10 loss on the accumulator bet. If the Premier League match loses, however, you just lose your $10 bet at 10Bet. You simply make the same bets for each of the other matches in the accumulator, and the $10 bet at 10Bet covers your losses for each of the other matches lost. If you're betting on a single match and want to do a matched betting, it's a little more complicated.
How is a matched betting different from a matched bonus?
Both matched betting and matched bonuses are ways that bookmakers try to attract new customers to their websites. But they work in slightly different ways. With a matched betting offer, you have to place an initial bet on a particular outcome, win the bet, and then you get a free bet that is the same amount as your initial bet. With a matched bonus, you have to make an initial deposit into your account and then make a qualifying bet. The amount of the matched bonus is usually determined by how much you deposit and the odds of your bet. Both matched betting and matched bonuses have their pros and cons. The main advantage of a matched betting offer is that you don’t have to make a deposit, which makes it easier to claim a bonus. On the other hand, matched betting offers are usually limited to a certain event, while matched bonuses can be used on any event.
Advantages and Disadvantages of a Matched Betting
Matched betting is a very exciting way to make money online, but it is important to keep a few things in mind. The main advantage of matched betting is that it is not illegal, unlike some other ways to make money online. It is also very easy to get started, and there are many different types of matched betting deals available. The main disadvantage of matched betting is that it can take a long time to make significant money. It is also important to keep in mind that matched betting is essentially a form of arbitrage. This means that you are essentially profiting from the difference in odds between two different bookmakers. This is why matched betting is best suited for sports like football and tennis, where there are a lot of different bookmakers.
Which is better: Matched betting or a matched bonus?
In general, matched betting offers are better because they are risk-free. However, matched bonuses are easier to take advantage of and can be used for all events, not just a select few. Ultimately, it all comes down to your personal preference, and the amount of effort you are willing to put into the process. Matched betting is a great way to make some extra cash, but you do have to be willing to put in the work, especially when it comes to finding two bookmakers that offer the same odds. Matched betting offers come and go, so you have to be quick to take advantage of them when they are available. For serious bettors with a significant amount of funds to risk, it may be worth investigating matched betting deals for your preferred sporting events.
What is the difference between matched betting and arbitrage?
Arbitrage and matched betting are terms that are often used interchangeably, but they are two different things. Arbitrage, in the context of betting, occurs when the odds for an event are mispriced, so that you can make risk-free profit by taking advantage of the price discrepancy between different bookmakers.
How long does it take to become successful at matched betting?
The most efficient matched betters have a winning percentage of between 80% and 95%. The average matched bettor has a winning percentage in the range of 50% to 70%. It’s important to keep in mind that it can take years to become consistently successful at matched betting.
What’s the best way to get started with matched betting?
The best way to get started with matched betting is to choose a sport and start looking for a bookmaker that offers a high rebate. Retrieve the odds for your desired outcome, and then place a bet that will give you the same return in case of a loss.