Matched Betting Mechanism

Andrea

24 Nov 2020

Updated: 19 Nov 2023

Casinos have been, for decades, a popular destination for casual gamblers, stag parties, and nights out. London is one of the top tourist spots in the UK where millions of people chase the dream of a big win every day. But times have changed with the technological boom, the recent pandemic, and the lockdown. All this and more have contributed to a change in the ways we deal with Gambling.

The introduction of online casinos has, for example, increased gambling's popularity. This newer form of gambling is much easier and more accessible. You can now play every type of casino game without leaving the comfort of your own home. Most casino games that are available in online casinos are very straightforward and are based on luck rather than skill. An example of this is the slot machine. It’s an easy game to follow as you only have to push one button. But at the same time, you have no influence on the outcome. So, to push luck aside and maybe take the side of skills, this is where you should check Matched Betting.

What defines Matched Betting?

In terms of Matched Betting, casino offers can be a bit daunting at first, especially when they are not risk-free. With Matched Betting, you use free bets from bookies and place them on an outcome, and then back the opposing outcome at a betting exchange at the right odds to guarantee that you win back 70% or more of your free bet as cash.

The concept of Matched Betting requires an account with two or more bookmakers or betting exchanges where at least one offers the user a free bet. When the free bet is placed, the other bookmakers or betting exchanges are used to hedge all the possible outcomes, so that no matter what happens the value of the free bet is retained. At its simplest, a matched bet involves placing a back bet using the free bet at a bookmaker while placing the opposing lay bet at a betting exchange. No matter which result occurs, there will always be a guaranteed profit because the bet was made free of charge.

Casino no deposit bonuses cannot be used this way. The premise is different. Let’s say you had a free bet on roulette, and you bet on black. You cannot then bet red on another site and think that your bet is “matched”. The results of each wheel are entirely independent, and it would also be possible to lose both bets.

That being said, you might now see the opportunities for such an endeavor. And like anything, it does need you to invest time and work out the wrinkles. But, there are reel upsides to it. So, let’s get a go on this exciting voyage!

How to get practical about it?

Most online bookmakers also have an online casino section. Log into one of your bookmaker accounts and navigate to the online casino section. Just take a look without actually playing. See what games they offer and whether it is possible to try out some of the games without playing with real money.

If you have never played any casino games before it is recommended you start by playing a few free games on your online casino account. Most Casinos offer their games as demo versions where you can practice without gambling any real money. The easiest casino games for beginners are roulette and slot machines. However, the casino game with the lowest House Edge is Blackjack. Once you’ve made your hand on the several functionalities of these websites, look for advertisements for free bets from bookies, lay your setup and get going!

The most important thing is to read the terms of a bonus promotion carefully. You should know what rollover is and in which case you are allowed to withdraw your money. Usually, different bonuses have totally different terms, so reading only general Terms & Conditions is not enough. Please remember it.


Want to know more about Matched Betting Casino Offers?

There is a great introductory guide to how Matched Betting Casino Offers works here.

You can also see a list of Frequently Asked Questions (FAQs) about Matched Betting Casino Offers here.

You can also ask our members yourself...

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Our Facebook Group, which currently has over 45,000 members, is a great place to get answers and ask for help, especially if you are completely new to Matched Betting.


Interested in Getting Started Matched Betting?

You can start learning for free with our free trial and make your first profits.

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Alternatively, upgrade to our Platinum Membership here.
It’s only £19.99 a month and you can easily make this back within an hour or so once you get the hang of things. Talk about value for money!

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