An Intergalactic Guide to Matched Betting Strategies

The more you traverse the vast betting cosmos the more you will begin to learn about different betting strategies that will help you get to your final destination: planet success. Matched betting strategies are a great way to nullify a losing bet by guaranteeing yourself a profit. Our matched betting strategy guide will give you all the know-how to successfully use your initial bonus from a bookmaker.

A matched betting strategy can only truly be used once when signing up to a new bookmaker, as you are only likely receiving one bonus. The matched betting strategy is predominantly used in coordination with a deposit bonus or a free bet bonus. However, before you can take off into the stars you will need to become acquainted with the flight manual. Hold on to your seats, as we lift off into the galaxy of matched betting strategies!

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Finish space school

Before you can set off into the vast galaxy of online betting, you need to equip yourself with all the necessary know-how. Matched betting can take your betting experience to the stars, but you need to know how it works. Matched betting can appear tricky at first but in reality, it is rather straightforward. All you need to understand before taking your journey is the two types of bets you need to place.

When using matched betting, you will need to find a bonus offer from a bookmaker that is either a free bet or a deposit offer. Once you have done so you will then need to place two types of bets on one fixture or event. You will need to bet that the team in the fixture will win for example’s sake let us say you bet on Liverpool to win their match. This is what is known as a “back” bet.

Once you have placed your back bet, you will then need to bet on the same fixture but on Liverpool to lose. This is what is known as a “lay” bet. You cannot find the option to place a lay bet with standard bookmakers. That is why you will need to place your lay bet on any betting exchange. The most notable being Betdaq and Betfair.

The entire point of the matched betting strategy is that you will always come out with a profit. This is because you will use your free bet to back one result e.g. Liverpool to win. And then use your own real money to bet against yourself, on Liverpool to lose. This is why it is known as matched betting because each bet will be of equal value and so you will walk away with a profit because it won’t matter what the result is in the end.

Plot your course

It would be unwise for you to jump in the spacecraft and go, without knowing where you are going. In this case, the unknown would be the betting odds on a particular feature. It is in your best interest to do some due diligence on a fixture or many fixtures that you have an interest in using a matched betting strategy on.

Take your time before using your free bet or deposit bonus, get a feel for the fixtures or events currently on and try to find the best value in terms of a back and a lay bet. Remember, you can’t lose as you are backing both results so it is absolutely worth picking the best value fixture irrespective of what it is. The best astronauts know exactly where they are going and how to get there. Finding the best value bet is the same thing.

Double-check the spacecraft

Before lift off, the crew need to have their craft meticulously checked to make sure that it is fit for blast off into the cosmos. Your matched betting strategy requires that same level of care for your own sake. You will need to check up on a few things before actually placing your matched bet.

First and foremost, almost all free bet offers will require that you place a certain amount in qualifying bets. This may be a single bet or multiple small bets. So our advice to you would be to carefully comb through the terms and conditions of the offer itself. Much like the crew at NASA read the manuals to understand the ins and outs of their spacecraft, you should have this same level of care. You don’t want to lose your free bet before you even get to use it.

Once you have finished your qualifying bets and are fully able to utilise your free bet, it is always best to double-check your betting slip. The reason for this is that you may have made a mistake on one of either the lay or back bets making it unbalanced. It won’t be a matched bet if both the bets are not the same. Hence, you leave yourself open to an unwanted surprise where you would otherwise walk away with a profit. You may now walk away with a loss if you are not paying attention.

Remember, you are not tied down to using only one bookmaker. Of course, you will need to use at least one betting exchange when attempting a matched betting strategy. However, there are countless bonus offers in a galaxy of different bookmakers. You are well within your rights to use as many as you can but this only makes our original point of being more attentive that much more relevant. Stay on top of the ins and outs of your ship and you will experience far smoother travels.

98/100
Rating
Neteller
UKGC - UK Gambling Commission
300% up to
£30
+ 30 Free Spins
Betfred Sports Bonus
300% up to £30
Betfred Review
***** Visit Site
Highlights
  • Excellent sports betting bonus
  • Physical betting stores across the UK
  • Huge sportsbook
97/100
Rating
Neteller
UKGC - UK Gambling Commission
100% up to
£100
+ £10
LeoVegas Sports Bonus
100% up to £100
LeoVegas Review
***** Visit Site
Highlights
  • All the big games covered
  • Huge choice of markets
  • An enticing welcome package
96/100
Rating
UKGC - UK Gambling Commission
£100 Bet Credits
Bet365 Sports Bonus
£100 Bet Credits
Bet365 Review
***** Visit Site
Highlights
  • £100 Bet Credits bonus
  • Useful Bet Builder tool
  • Handy early payouts feature

Stick to your solar system

If you are an inexperienced pilot who has yet to venture outside their own solar system then it would be wise to stick to the flight paths you know best. In this respect, we recommend that you use your matched betting strategy to bet on the sport you know best. Of course, you can always branch out to different sports later but if this is one of your first times using a matched betting strategy then try to play to your strengths.

While you will always walk away with a profit with a matched betting strategy if used correctly, you will have better knowledge of an underdog that is good value for a bet in the sports you know well. Give yourself the best chance to not just cover your bet but to walk away with a healthy profit as well. There are never any guarantees, especially with an underdog but with the matched betting strategy, your risk is all but zero.

Enjoy the journey & never give up!

While it may sound somewhat cliché, gambling stops becoming worth it if you are no longer having fun. Try to remember why you wanted to start in the first place, because it can be exhilarating and add even more excitement to the sport you love. Space travel is all about enjoying the journey and exploring new galaxies and gambling should be the same. The moment you feel you are no longer having fun or that you are beginning to bet from a place of anger or raw emotion, it is best to take a step back and give yourself some time to cool off before rejoining the frontier.

One important thing to remember about the matched betting strategy is that you are not going to end up with a massive profit in your account after one successful bet. The trick to matched betting is the same as space travel. Remain persistent in your attempts to go further! Matched betting is all about persistence, remember you are taking on almost no risk and as such your winnings will not mirror that of a bet that is essentially pure gambling. But with enough time and determination, you will start to reap the rewards of matched betting.

You have arrived at your new planet

Your journey through the cosmos has now come to an end as we arrive at our final destination. Now you know all that you can about the matched betting strategy and how best to go about using it as you traverse different bookmakers’ galaxies. Now it is time for you to gain your own experience with the matched betting strategy and to chart your course through the stars.

In order to ensure that your lift off into the betting cosmos will be successful always remember to double-check your betting slips and to read the terms and conditions of your free bet or deposit offer. This way you will always be prepared for any obstacles you come across on your journey!

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