Matched Betting - The Mathematical Way to Beat the Bookies

We can beat the bookies at their own game and its 100% legal. In fact, I’ve made £17,000 in a year from it. I know this sounds like a joke and you’re probably skeptical so don’t take my word for it… Check out these links to highly reputable sources to read articles which prove it is true:

The Guardian: https://www.theguardian.com/money/2010/jul/24/free-bets-bookies

Huffington Post: http://www.huffingtonpost.co.uk/owen-burek/matched-betting-answer-to-students-prayers_b_3309652.html

The Telegraph: http://www.telegraph.co.uk/finance/personalfinance/money-saving-tips/8185280/Is-this-a-bet-you-cant-lose.html

Now that you guys can hopefully believe that, even though this sounds too good to be true, it’s actually not. After all, why would I include 3 links to very respected sources if it wasn't legitimate and why would those websites all write about how good matched betting is.

So what is Matched Betting?

Matched betting is a method of betting whereby you can use the free bet offers given by betting companies to make guaranteed, risk-free profits. It is generally considered a risk-free bet as it is based on the application of a mathematical equation rather than relying on chance.

Matched Betting is NOT gambling

Gambling is when you can either win or lose money. With matched betting, you effectively cover all outcomes, meaning the result for us is the same regardless of the outcome.

By ‘covering all outcomes’, this means betting on your selected team to win with one bet and, with another bet, you bet on the same to lose/draw. That way, it doesn’t matter if the selected teams wins, loses or draws because the outcome will always be the same - one bet will always win and the other bet will always lose.

How do we profit then?

You’re probably thinking that, if one bet wins and the other loses, surely you will never make money because they will cancel each other out? However, if you’re thinking this, you haven’t factored in the free bet. Let me explain the 2-step process very quickly and simply so you can see how you can make your profits.

What is a free bet?

Before I can do that, I have to quickly explain what a free bet is and how you get one. If you already know this, then feel free to skip ahead.

A free bet is when you place a bet but you’re not staking any of your own money. In other words, if you are correct with your bet, you win money but if you’re wrong and your bet loses, you lose nothing. Hence it’s called a ‘free’ bet because it’s basically a free go which you can’t lose money from.

How do I get a free bet?

Most bookies have sign-up offers and regular offers for existing customers. An example is Ladbrokes may say “Sign up today, bet £50 and we’ll give a £50 free bet”. This means that, if you sign up and place a £50 bet, Ladbrokes will give you a £50 free bet afterwards.

E.g. you sign up and bet £50 on Man United to win (of course!). Once they have played their match, you will have a £50 free bet, regardless of whether Man U have won, lost or drawn. Once we’ve got the free bet, we can make our profits.

This is why it is a 2 step process - Step 1 is to get our free bet and Step 2 is to make our profits using the free bet.

Step 1 - The Qualifying Bet

Using the same example as above, we would sign up to Ladbrokes and place a £50 bet on Man U to win. Next, we would bet on Betfair for Man U to either lose or draw.

If Man U win => We win on Ladbrokes but lose on Betfair
If Man U lose/draw => We win on Betfair but lose on Ladbrokes
Whatever the result, the outcome is identical because we have always won 1 bet and lost the other. As the result for us is the same regardless, we are NEVER GAMBLING.

But surely we haven’t made any money yet, right? That’s correct… but now we have a free bet because, as far as Ladbrokes are concerned, we signed up to their website and placed a £50 bet so now they will give us our £50 free bet.

Step 2 - The Free Bet (Guaranteed Profits)

So far we have made or lost no money. Now, though, we have a £50 free bet so let’s show how to make the guaranteed profit from it. The actual process is identical so let’s use an example to show you how it works:

Bet the £50 FREE bet on Ladbrokes on Liverpool to win at odds of 4/1.
Bet £40 on Liverpool to lose or draw on Betfair. Technically, we don’t bet on Liverpool to lose or draw. We offer someone else odds who thinks Liverpool will win (it’s called ‘laying a bet’).
It’s basically the same thing though - if Liverpool win our bet was wrong but if they lose or draw, our bet was correct hence it’s pretty much the same thing. In this case, we will offer someone else odds of 4/1 that Liverpool win.

If Liverpool win => We win £200 on Ladbrokes but lose £160 on Betfair. Result = +£40
If Liverpool lose/draw => Win £40 on Betfair and lose nothing on Ladbrokes (it was a free bet so we lose nothing still). Result = +£40
Despite never leaving the house, we’ve now just made a guaranteed £40 in 30 minutes work.
Pretty amazing, right?

I fully expect that you guys will still be a bit confused (especially about the bit where we offer someone else odds) but it’s actually very simple once you understand it.

Hopefully, you guys can see the incredible guaranteed profits you can make through Matched Betting even though you don’t fully understand it.

That’s why I have created my Matched Betting step-by-step video course where I will explain every single step and detail you need to know so that you can feel 100% confident in making your thousands of pounds of guaranteed profits very soon.

Best of all, the course I’ve put together for you guys is completely free. I will be posting regular lessons explaining the process from start to finish right here on Steemit, so simply follow my channel and I’ll walk you through everything with my step-by-step course.

Hope you guys have enjoyed the article.

Peace