Matched betting is a simple technique to extract money from the free bets and bonuses offered by bookmakers.
Bookmakers often have promotional offers to encourage you to open an online account with them or to tempt you to continue betting.
To give an example, William Hill currently offer new customers £30 of free bets if they sign up and bet just £10.
We can use matched betting to make a guaranteed profit from these offers.
How does matched betting work?
With matched betting we are not actually gambling as we place bets to cover all outcomes of an event.
To do matched betting there are two types of bets, back bets and lay bets.
A back bet is a bet that something will happen and these bets are placed with any bookmaker.
A lay bet is a bet that something will not happen and these bets are placed at a betting exchange such as Betfair.
So, to use the aforementioned William Hill sign up offer as an example;
We could bet £10 that Manchester United will win at the bookmaker and also bet £10 that they won’t win at the betting exchange.
All outcomes of the event are covered so nothing is lost and we have gained £30 in free bets.
The process of backing and laying is then repeated using the free bets to extract a cash profit.
Does matched betting actually work?
When I first heard about matched betting it sounded too good to be true. I was very sceptical about it.
However, profit accumulator offer a completely free trial, so you can see what matched betting is all about.
If you follow the instructions provided by profit accumulator you should be able to make around £40 from the free trial.
Doing the free trial and then going on to join profit accumulator as a full member was one of the best decisions I have ever made.
Click here to join profit accumulator and get started with matched betting.