A Quick Guide To Football Matched Betting

[TractorBoys]

Many football fans are always looking for the latest football betting tips when they’re looking to place a wager on their favourite teams.


Whether it’s domestic or international football action, the number of goals or who has the best kit of the season, there are plenty of ways for avid sports fans to bet. But matched betting is one way of playing the game with very little - if any - risk involved.

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What is matched betting?​

The majority of those who bet on football matches want to maximise their chances of winning while minimising their odds of making a loss. Matched betting is becoming an increasingly popular way for sports fans to play the field like this. This method of betting uses the free promotions (provided by bookmakers to attract new customers) to guarantee a win.

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The types of bet used in matched betting​

The way to understand matched betting is to work out the difference between two forms of bet; the back bet and the lay bet.

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A back bet ​

Sports fans place back bets when they wager on a certain result coming true. For example, betting on Liverpool to win their next Premiership match. This bet can be made with any bookmaker and means if Liverpool win, you’ll be celebrating too. If they lose or draw, then you won’t win anything.

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A lay bet ​

Lay bets are made when a result is bet against. So, for example, betting on Manchester United not to win. In this scenario, a loss or draw means you will win. This kind of bet can only be made when using a betting exchange.


Matched betting works as you use a lay bet to cancel any risk from your original back bet on the same result. This means you have every result covered.


To get started, you need to make your first qualifying bet. Then you will receive your free bet from the bookmaker.

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How matched betting works​

Open an account with a betting exchange. You’ll use this to place your lay bets to cancel out your back bets.


Then find the bookkeeper offering the best free bet promotion deal to new customers. You'll then want to find a football match with the closest odds on both sites - the best way to do this is to utilise some form of software.


A matched betting calculator will help you work out how much you need to put on your back bet and lay bet to make sure they either cancel each other out, or come as close as they can to doing so. Next, place your bets. If you’ve calculated this correctly, you should only see a very small loss if any but you’ll now be entitled to your free offer.


Now repeat the process using the free bet offer from the bookkeeper instead of using cash. If you win at the bookmaker, withdraw the cash. If you win at the betting exchange, then keep the cash in the account ready for the next promotional offer.


In this way, matched betting is one of the most risk-free forms of guaranteeing a profit. Just make sure you remember your login details for the sites you use and keep track of the bets you make. Good luck!

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