Odds ComparisonSurebets

Menu

PopularArrow Icon
Select All
  • Premier League England
  • La Liga Spain
  • Bundesliga Germany
  • FA Cup England
  • Ligue 1 France
  • Serie A Italy
  • Eredivisie Netherlands
  • Europa League European Union
  • Champions League European Union
  • Europa Conference League European Union
SportsArrow Icon
BookmakersArrow Icon
BetInAsia Promotion
Back to Glossary

Matched Betting

Matched Betting is a risk-free betting strategy that takes advantage of bookmaker promotions, typically free bets, by placing two opposite bets to guarantee a profit.

How It Works:
  • Back Bet: Place a bet on an outcome (e.g., Team A to win) using the free bet from a bookmaker.
  • Lay Bet: Place a lay bet (bet against Team A) on a betting exchange to cover the opposite outcome (Team A not to win).
Example:

You receive a 100 EUR free bet from a bookmaker and back Team A to win at 2.00 odds. You then lay the same bet on a betting exchange at similar odds. This hedges your bet, ensuring a profit regardless of the outcome, minus small exchange fees.

Why It Works:

Since you're using a free bet, any winnings (after covering the opposite lay bet) become profit. Matched betting is popular among those looking to make consistent, low-risk gains from bookmaker promotions.