Some people may think that it requires too much time and effort to be worth it. You are only using your money to bet on one of two possible outcomes while using the free bet offered by the other bookmaker to protect yourself from losing. People who get matched betting right can make more than £1,000 per month using this method. There’s a lot of value in these promotions and you can use them to make plenty of money.

deposit $500 and get an extra $500 in bonus bets) plus ongoing promotions (if your team is up at half time, your bet will be paid out, if your horse finishes 2nd or 3rd, your bet will be paid out). This may sound like arbitrage betting, but it differs because it involves using the free bets that the bookies offer to boost your profits significantly higher than you could from arbitrage betting alone.Īlmost all bookmakers offer some form of signup bonus or reload bonus (eg. Matched betting is a type of gambling that involves placing bets with two or more bookmakers on the same sporting event, which the punter expects the financial return to be positive regardless of the result. You can learn all about this and more, over at my free arbitrage betting course. However, it is important to remember that arbitrage betting is not entirely without risk, as different bookmakers may have different betting rules for certain sports, and the odds of a particular event can change as you are placing your bets, turning a winning bet into a losing one. You can capitalise on these different odds, by betting on the most profitable of each of them and ultimately making money regardless of the outcome.īecause it can be difficult to find these bets, many people use arbitrage bet finders, which can scan the odds across hundreds of bookmakers, sports, leagues and matches for you, alerting you when an arbitrage betting opportunity is found. In soccer, for instance, you could bet on win, draw, and loss, which would virtually guarantee that one of your bets will win, as you would be covering all the possible outcomes that could eventuate.Īrbitrage betting is only profitable when a number of bookmakers offer quite different odds for a particular event. Arbitrage betting involves betting on all possible outcomes of a single event.

Different sports betting systems