As known from:
The SunFootball365Sportskeeda
Alerts
Latest Deals
Write a Review
Write a Review
Nothing Found
About betting.net
  • Betting.net on YouTube
  • About betting.net
  • The betting.net Crew
  • How We Rate
  • Play Responsibly
  • Contact us
  • Writers Wanted
  • Content Disclaimer
  • Affiliate Disclosure
Alerts
Latest Deals
Write a Review
Write a Review
Nothing Found
About betting.net
  • Betting.net on YouTube
  • About betting.net
  • The betting.net Crew
  • How We Rate
  • Play Responsibly
  • Contact us
  • Writers Wanted
  • Content Disclaimer
  • Affiliate Disclosure
Betting.net / Betting Terms A-Z / M / What is Matched Betting? Matched Betting Explained in 2 minutes

What is Matched Betting? Matched Betting Explained in 2 minutes

Publish Date: March 31, 2021
Fact checked by: Jesse M Cox

Matched betting is a form of online sports betting which takes advantage of the special deals which bookmakers offer to persuade people to open an account with them. Although no form of sports betting could ever be described as risk free, matched betting aims to minimize the risk of any loss by simultaneously backing and laying an outcome with two different bookmakers.

How is Matched Betting used in Sports Betting?

Taking advantage of the opportunities offered by matched betting requires setting up accounts with two different online bookmakers, at least one of which is offering some kind of signing on bonus. In many cases, this bonus will take the form of a free bet, allowing bettors to stake a set amount, such as £30, once they open their account. The bonus often comes with conditions, such as the number of bets which have to be made before any money can be withdrawn, or the timescale within which any bets have to be made. The term bonus hunter has been used to describe bettors who seek to take advantage of bonuses in a way which greatly increases the chance of making a profit, and matched betting offers something similar.

In most cases, the bettor will have to make an initial bet in order to activate the free bet. Matched betting involves backing a result, which means betting that something will happen, such as football team winning a match, and then laying the same result on a betting exchange, which means betting that it doesn’t happen. Once this bet has been made, the free bet will be offered, and the same process carried out, but this time backing a result using money provided by the bookmaker. By choosing the odds carefully, or laying on a betting exchange, a bettor can create a situation in which they make at least a small profit no matter what the result of the sporting event is.

See Also

Book

Pay Out

Profit

Read Also
What is Lay Betting? Lay Betting Explained in 2 minutes
Most sports betting consists of betting that an outcome or event will ...
What is an Anytime Touchdown Scorer?
A touchdown is a means of scoring six points during a game ...
BetMGM Promo
What is Golf Betting? Golf Betting Explained in 2 minutes
Golf betting covers the entire section of the sportsbook devoted to the ...
What are Even Money Odds? Even Money Odds Explained
What are even odds in betting? Even money – or evens – ...
What is an Odd Even Bet? Odd Even Bet Explained
An odd even bet refers to a wager that predicts the total ...
Top Betting Sites
Top Betting Bonuses
Bet365
4.6/5
BetMGM
4.6/5
FanDuel
4.5/5
Caesars
4.5/5
DraftKings
DraftKings
DraftKings Review
4.5/5
Bet365
Bet365 Bonus
Get $150 in Bonus Bets Win or Lose when you bet $5!
T&Cs apply
4.6/5
Subject to meeting qualifying criteria. Minimum wager $5. Minimum odds -500 or greater. $10 minimum deposit. Paid in Bonus Bets. Bonus Bets wager excluded from returns. New customers only. Available in app only. Max. prize, game restrictions, time limits and T&Cs apply. Deposit required. Bonus Bets wager excluded from returns. T&Cs, time limits and exclusions apply.Gambling Problem? Call 1-800-Gambler 21+
BetMGM
BetMGM Bonus
Up To $1500 in Bonus Bets Paid Back if your First Bet Does Not Win
T&Cs apply
4.6/5
FanDuel
FanDuel Bonus
Bet $5 Get $150 in Bonus Bets If Your Bet Wins!
T&Cs apply
4.5/5
Caesars
Caesars Bonus
First bet back as a bonus bet up to $1000
T&Cs apply
4.5/5
DraftKings
DraftKings Bonus
Bet $5, Get $200 in Bonus Bets Instantly!
T&Cs apply
4.5/5
Our Team
David Genge
David Genge
Editor
Jesse M Cox
Jesse M Cox
Chief Editor
Alyx Tzamantanis
Alyx Tzamantanis
Editor
Simon Briffa
Simon Briffa
Sports Editor
James Leeland
James Leeland
Editor
Author Icon
Marcus
Content Writer
mikegoodpaster
mikegoodpaster
Head Content Writer
Get the latest updates in Sports and Casino via our Newsletter
Poker & Bingo

Full coverage of poker and bingo, from reviews of providers to guides and much more besides!

21+ and present in VA. Gambling Problem? Call 1-800-GAMBLER.

Trading financial products carries a high risk to your capital, especially trading leverage products such as CFDs. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 74-89% of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

This site is using Cloudflare and adheres to the Google Safe Browsing Program. We adapted Google's Privacy Guidelines to keep your data safe at all times.
Virginia Town HallCloudflareSSLco² neutral
Close
Our Sports Pros recommend these awesome Social Casino sites this week:
Stake.us
Stake.us Bonus
55 Stake Cash + 260K Gold Coins + 5% Rakeback
T&Cs apply, 18+
Promo Code:
Go to Stake.us
Get Bonus
Fortune Coins
Fortune Coins Bonus
Claim Your Free 650,000 Gold Coins & 1,400 Fortune Coins
T&Cs apply, 18+
Promo Code:
Go to Fortune Coins
Get Bonus
×
Your Promo Code:
The bonus offer of was already opened in an additional window. If not, you can open it also by clicking the following link:
Visit Site