Matched Betting For Beginners

Matched Betting For Beginners

on 22-May-2017 by MyFairBet Admin

Matched betting has exploded in popularity in the last decade, with the capability of making money without any risk baffling people from all over the globe. The amount of sign-up bonuses and free incentives offered by bookmakers are increasing every day, and this only increases the potential of how much money that can be made through risk-free methods with matched betting. Matched betting is not rocket science. You can make the leap from clueless to a pro if you truly want it, it just takes effort and patience. Lets get started.

Matched Betting For Beginners

First of all, what is matched betting? Matched betting is a risk-free betting method on online bookmakers when done in the correct manner. As much of a contradiction the term of ‘risk-free betting’ sounds, it is actually possible. Matched betting is not truly betting, as it is risk-free and guarantees profits. This is done through taking advantage of the free bonuses offered by bookmakers on both sportsbook and betting exchange platforms. The only loss that can occur is through human error, which can be avoided by focus and patience.

Must-Know Terms

There are four must-know terms in matched betting, which are:

The Two Different Platforms You Will Be Using

The traditional sportsbook and a betting exchange platform (Betfair being the mainstream one). The main differences between the two are that in exchange you chose the odds yourself as long as someone matches you and you have the capability to lay bets.

How Much Money Can You Actually Make?

This question is often asked by punters, and the answer is very subjective. This all depends on how much time and effort you are willing to put into this.

From personal experience and case studies that I have read, after putting several hours to learn and keeping discipline through, you make approximately £1000 per month of tax-free income.This will obviously not happen overnight, as you need to both learn the methods very well and build up your stakes.

How Can You Learn?

There are several blogs where you can become a pro after a few weeks dedicated to the subject. These blogs also link you to software / offer their own where you can learn and practice. Although reading about the subject is essential, practicing is how you will truly understand them.

Final Words

Matched Betting is a good way to form a safe source of passive income, especially if you are a student. It will not happen overnight, but by using the right tools and keeping the right mindset, you will get where you want to be.

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