How Matched Betting Changed the Way I Consider Gambling

I was barely 18 and had not long been lawfully allowed to step inside a bookmaker when I found an expression that unknowingly at the time will change my fortunes - matched betting.

My Dad had grown up impartial to a flutter on the Grand National however not a betting man was. My closest friends were huge football fans and some might state this is where lots of relationships with the betting world begin as here in the UK we take in such a big number of gambling related advertisements pre and post construct up and in between halves throughout the course of a routine Soccer Saturday or Super Sunday as Sky famously branded its coverage of the English Premier League.

With this in mind, it strikes me odd that I ever gave matched betting a shot in the very first circumstances and if you asked me how I really at first found the term I really struggle to keep in mind.

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Earn Money Online

I think I was probably searching for info on the best ways to earn money online as numerous young lads at that age no doubt do and somehow discovered to a goldmine of info discussing everyday regular folk regularly snatching money from bookmaker and casino owner’s hands through carrying out a technique of arbitrage.

More so for someone who had never actually staked a bet at a bookmaker before! I believe I can state with confidence that I never ever really physically stepped inside a bookmaker and placed a bet over the counter until I had actually already removed thousands of pounds worth of simple coin through matched betting. For those of you reading this little discourse down memory lane then you're probably questioning exactly what in the world I'm discussing when I raise the expression matched betting?

Simply put - matched betting is the procedure by which you match any bet you put at a bookmaker with an opposing bet at a betting exchange to guarantee you cover all outcomes. Read more: bolanet88.net

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I'm a bookie's nightmare!

In taking a classic football match by method of example let's expect Manchester United are taking on Liverpool in no doubt bitterly, heated local derby at Old Trafford.

A regular punter of whom have actually contributed to the continued success and unlimited riches of bookmakers all around the world would certainly just stake their money on a single result and then hope that within the event that their prediction comes to fruition.

A matched much better on the above hand is for the most part not entirely bothered by the last result of a game because they will have covered every situation.

Again - an example of matched betting would be to stake a bet of 10 on Manchester United to beat Liverpool at chances of 2/1 but then head on over to a betting exchange such as Betfair and bet versus Man United to win at probabilities of 2/1. Before you read more, you might want to see this site.

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Betting to win at a bookie

Because I sure was - and partially because on the face of it bring out the process of matched betting appears to hold little value at all! Exactly what's the point in betting to win at a bookie and betting versus the bet you've simply positioned at a betting exchange right!?

On foundation of the above bets I have identified you determined for sure be right that I have little to gain from get unless the odds represented an arbitrage opportunity. From the bets I have exemplified I would not make a single cent.

My purpose of carrying this out however lies in the finer details and that with the abundance of online bookmakers positioned all around the world we discover ourselves in an advantageous circumstance whereby we can pick where we bet and therefore the bookmakers need to make us a persuading special deal to get us to play with them - they provide us free bets (or bonuses!).

If I am to sign up with a bookmaker that wants to match my deposit and provide me a totally free bet of approximately 50 after I initially place a bet then think about that that very first bet can be a matched bet like the one I defined above.