Matched betting techniques using free online bets and bonuses is a fantastic way to bank build and build up some easy profits. Using an effective matched betting strategy will see you accumulate a decent amount of profit around £1000..
To implement a matched betting method you will need to open a bookmaker account with a free bet promotion, (a free list of bets is available at Internet bookmakers )and a betting exchange account such as betfair or betdaq.
The system works by placing a bet at the bookmaker and then laying (betting against) it off at the betting exchange, when using this method all your doing is hedging your bets in such a way that eliminates risk allowing you to have a risk free bet. The value in this betting method exists because of the ‘free bets’ entity. If online bookmakers were to stop offering them tomorrow this type of risk free bet would become obsolete.
To apply the strategy you’ll need to place two separate bets. Firstly a qualifying bet using your own money, and then another bet using the ‘free bet stake’ For a free guide on matched betting take a look at onthesmartmoney.com
Tips when matched betting
When using a matched betting strategy you want to be in a position to squeeze as much value out of the free bets as possible. To do this there are few factors that you can implement to enhance your potential returns. These including taking higher odds I recommend when placing a bet with free bet stake to opt for higher odds at least over 3 in decimal, it is also useful to find events where the odds at a bookmaker are comparatively close to betting exchange lay odds, which is also an important factor when placing qualifying bets too.