Matched Betting-Top 3 Sites For Best Results

Knowing what you're doing is relatively easy and convenient. You may generate a reliable profit with minimal effort in a few minutes.

But can you do matched betting in soccer? Definitely, yes! You have a good shot of making money with this. 

Unlike traditional forms of gambling, matched betting does not necessitate risking money. Instead, it entails making money by betting on soccer using arithmetic. Most matched betting revolves around free money offered by internet sportsbooks.

What is Matched Betting?

Match betting eliminates the element of chance in favor of pure mathematics by requiring you to account for every conceivable outcome. However, it necessitates taking advantage of signup and other bonuses; therefore, betting companies work hard to prevent it.

Taking advantage of free bet offerings, "matched betting," entails deliberately placing bets on an event in a way that guarantees a profit regardless of the outcome.

Regarding legality, matched betting can go from murky to outright illegality, depending on the specifics. However, even its most basic forms frequently violate bookmakers' rules, leading many to label them fake.

Matched betting allows for a guaranteed profit using the many free bet incentives made available by most online bookies. The potential payout is high, but the associated risk is small.

In matched betting, you take advantage of a free wager offered by an online bookmaker. The next step is to "match" your free bet at a betting exchange, where you will wager against the original wager. In other words, you play the bookmaker role and keep more of the free wager for yourself.

Your initial bet and the matched bet would be null and void if you did this without receiving a free bet. However, if you are meticulous with your free wager, you can't possibly lose.

Those who are skilled at matched betting engage in bonus hunting as a means of expanding their options. Multi-accounting for matched betting and arbitrage is much more prohibited.

Most online gambling sites like Outplayed feature betting markets that can be accessed from anywhere in the world, making matched betting a serious problem for the industry due to the large sums of money that can be stolen in the long run by just a few dishonest players.

Top 3 Matched Betting Sites

Here are our top 3 picks for matched betting sites in 2023. 

1. Outplayed.com 

In 2014, Outplayed entered the scene as a matched betting platform to assist users in taking advantage of bookmaker promotions through the matched betting strategy. Until October 2022, it was known by the name Profit Accumulator. Match betting is simplified by using the tools and resources provided by the Outplayed website. The paid service's continued support and advice will be invaluable if you start.

It's a simple and effective approach to earning some extra cash. Outplayed is an absolute necessity if you want to make serious money with matched betting. 

It gives you access to all the necessary software and hardware and in-depth guides on how to place bets and maximize your earnings. You may earn hundreds of pounds per month with only some effort and persistence.

2. BetFair 

Betfair, a company that has been in business for more than two decades, is the largest betting exchange in the world and also provides traditional sportsbook services. It was acquired by Flutter Entertainment, which also runs Skybet and Pokerstars, in 2016 after a merger with Paddy Power. The company has secured local licenses in several jurisdictions, including Australia, Sweden, Italy, and Spain, in addition to the UK Gambling Commission and the Malta Gaming Authority.

Betfair is an online bookmaker well-known for its collaborative spirit. Bettors from over 50 countries are welcome on the betting site, albeit there are differences in the exchange and sportsbook eligibility requirements. The primary attractions are the hundreds of daily selections in football and horse racing and the possibility to back and lay bets at the exchange.

Betfair, an online betting exchange established in 2000, acts as a go-between for gamblers who wish to wager against one another. Put another way, and you can "punt" or "lay odds" on various events. Punters can either buy (back) a pick or sell (lay). When the wagering parties "agree" on the odds, the wager is "matched." The Betfair exchange's commission from winning bets ranges from 5% in the UK and Ireland to 7% elsewhere; when you rack up points while gambling, you may be eligible for a reduction in the service fee.

Although not the only betting exchange, Betfair is the most active and largest worldwide. The total amount of money that may be wagered on an event (either by backing it or laying it) at the current odds is known as the market's depth or liquidity. You have a better probability of having your bets matched if the market is very liquid. The exchange includes all the major markets for the most widely watched sports.

3. RebelBetting 

Starting in 2008, Rebelbetting has provided one of the industry's top Pre-match arbitrage betting services. Since 2013 I've been utilizing RebelBetting and other similar services as a smart bettor.

Rebelbetting is scanning over 60 European and American bookies. They're honing in on the two most lucrative betting strategies: sure bets (for pre-match - arbitrage bets) and value betting.

You can get hundreds of overvalued odds to start winning even against the bookies in the long run. A small number of errors is all that distinguishes their scanner from the competition.

RebelBetting is unique in that it offers a free trial of all of its services for 14 days.

How Does Matched Betting Work?

If you want to cover all of your bases, you should make two bets, one on "win" and one on "loss," on a sporting event. Bettors no longer have to take chances or rely on luck thanks to the 'back and lay' method. Bets made using free credits can be converted into cash. Without putting your safety at risk.

To expand their businesses, online bookmakers are always looking for new players. Several bookmakers provide free bet promos to entice potential consumers to sign up. Free bet promotions where the bettor can "bet £10 and get £10" are likely attractive.

You can now sign up, place a wager, and receive your free bet with conventional betting. However, you should know you can lose money if your bets don't win. Or even with a negative bank balance.

However, if you use matched betting, you can access the free bet and safeguard any funds you wager with. You can make money off of the free wager! Taking the risk out of betting by laying down two wagers instead of one.

Back bet

A back bet is a wager on a future event that the bettor expects to occur. If you "support" England to win their next game, you predict they will win. If England does win, your wager will be a winner.

Lay Bet

A lay bet is a wager against a future event that the bettor anticipates will occur—a wager on the negation of an event. Assuming the rival team will win, you "lay" England to lose their next match. If England scores 0 or draws, your wager will be a winner.

The bookmaker will give you the free bet once you place your first real money wager, often known as a "qualifying" wager. This is where all the money comes in.

How Much Can You Profit?

It's common to get between 50 and 80 percent profit on a matched bet. This is because winnings are typically subject to a commission at betting exchanges. Due to the little variation in odds between betting sites, you may incur a tiny loss on the qualifying bet. This is standard; you'll make it up when you cash in your free wager.

Here's a practical example of how to make money with a £30 free bet. The math works out to hundreds of pounds if you multiply the free bet offers by the dozens per year.

Are There Risks?

Because you are betting both for and against the same event, matched betting has no risk and can be learned by anyone.

The danger, however, arises when blunders are made. This calls for a thorough review of your work and steadfast adherence to the provided guidelines. Be patient and follow the promotion's restrictions if a free bet does not immediately go through.

Once you've read this and followed the instructions, you'll be able to use matched betting at other online bookies that give free bets (see my table at the end) to increase your earnings.

Making deposits at online gambling sites also has no negative impact on a person's credit rating.

Matched Betting Profit Guide

Open an Outplayed account

Now that you understand the fundamentals of Matched Betting, we will examine a practical application.

1st Step: You should look for a promotion to entice new customers.

For your convenience, we've simplified this part. When you join Outplayed, you get access to a huge database of bookmaker signup offers and detailed guides on making money from each one.

We'll use Coral as an illustration here. Coral's new customer promotion gives you £20 in free bets when you make your first wager of £5. (at odds of 1.5 or greater).

2nd Step: Activate Your £20 Free Bet The process of placing a Qualifying Bet

To get started, create a Coral account and deposit at least £5. After placing a £5 wager at Coral (at odds of 1.5 or above) to activate the free bets, you must immediately follow up by placing a £5 lay bet at Smarkets.

Get started with a wager that fits your needs by using our Oddsmatching Tool.

To find a wager with minimal effort, select a predefined filter. To take advantage of this perk, pick "Coral Qualifying Bet" from the drop-down menu.

3rd Step: Profit from the free wagers. Not Withstanding

You'll follow the same steps again. However, this time, you'll utilize the £20 in free bets you received from Coral to place your wagers. The first step is finding a wager that meets your needs using our Oddsmatching Tool.

Select "Coral Free Bet" from the drop-down menu this time.

The Oddsmatching Tool has located a wager that you may employ on the Man U. vs. Brentford matchup. The calculator advises you to wager your £20 bonus at Coral on "Brentford to win" with odds of 4.75.

Then, at Smarkets, you would place a wager on the opposite outcome—"Brentford not to win," which would be the same as a wager on Man United's victory or a tie.

Click the calculator button on the Oddsmatching Tool once more to launch the Matched Betting calculator. It will advise you how much money you should put down on a lay wager.

Based on the calculator, the lay stake on "Brentford NOT to win" at Smarkets Exchange is £14.42.

FAQs of Matched Betting 

1. Is Matched Betting Legal?

The practice of matched betting is perfectly legal. However, it is likely against the rules and regulations of an online betting operator and can land people who attempt it in trouble. Not being able to withdraw money or even being accused of fraud falls within this category.

While matched betting may not be specified or described in an operator's regulations and T&Cs, the tactics used to conduct matched betting—including multi-accounting, stolen credentials, and bonus abuse—almost always are.

Outplayed is a legitimate option for those seeking a legally matched betting service to supplement their income. There have been numerous articles on it in newspapers and magazines since its start, including The Guardian, The Telegraph, Metro, The Sun, The Daily Mail, etc.

There is such a thing as "matched betting," Outplayed is a real service that may let you engage in it and earn from bookmakers' risk-free bets and incentives. Human error is the sole potential danger. If you make a mistake in your wagers, you stand to lose money. The danger is reduced if you use the Profit Accumulator tools and follow their directions.

This is a challenging way to make a lot of money, but if you're prepared to put in the time and effort, it may be a terrific way to supplement your regular income.

2. How to Keep Track of Bets?

Keeping track of your matched betting statistics is crucial to your success in no-risk matched betting.

What was a laborious process is now simplified by the availability of specialized equipment and software that can perform the necessary steps independently. Learn how The Sure Bettor's Tracking Plus may boost your matched betting profits by keeping track of all the data you need.

3. What is a Matched Betting Calculator?

In contrast to a standard odds calculator, a matched betting calculator may assist you in determining exactly when and how much to lay and back to maximize your return from bookmaker-free bets. It's a must-have tool for betting, revealing the sum you'll need to put down at the bookie and the exchange. This is accomplished without requiring intricate mathematical calculations, resulting in a simple and straightforward solution.

Profits from regular and free bets can be compared with the use of a matched betting calculator, which can be customized to display the information you require for qualifying bets, free bets in which the stake is not returned (SNR), and free bets in which the stake is returned (SR).

4. What is a Bet Refund or Money-back Offer?

The bookmaker will return to losing wagers if a predetermined condition is met.

They'll try to get you to bet with them rather than their competitors using some trick. If a typical bettor's bet fails and the button is pressed, this feature allows them a second chance. Bets that don't win are sometimes repaid in cash but more commonly as free wagers or bonuses.

Most of your matched betting will involve money-back offers, one of the most common reload bonuses.

5. Is It Possible to Have Matched Multiple Betting Accounts?

Yes! It is! However, it has yet to be settled, so there is no definitive response. It's no secret that creating an account under a false name is against the law and will result in legal repercussions.

The picture becomes murkier when someone creates several identities using the same set of verifiable personal details. It is not common practice to discuss multi-accounting in Matched Betting discussion boards. Hence there needs to be more material on the topic.

Also, we must be aware of the bookies' past legal strategies regarding customers with multiple account problems. Bookies and casinos are aware of the existence of several accounts, but no action has been taken against those responsible.

The status of multi-accounting in the law currently needs to be discovered. The Matched Betting community is debating the topic so that we may learn more in the near future.

6. Can I Lay Accumulators?

 The answer to that is yes. Among the many scenarios in which a matched bettor can decide to lay an accumulator is one in which the bettor has a free bet from one bookmaker and must use it on an accumulator at another bookmaker. Consequently, you may lay such results to get financial gain.

You could place a trigger bet with the bookmaker to receive a bonus or free bet later, which you could then use to back and lay for a guaranteed profit.

Furthermore, it is prudent to lay off the ACCA if the bookmaker raises the price of the accumulator on their website while simultaneously dropping the lay price on the betting for the same teams.

Or, if you're a mug bettor who just placed a mug accumulator with a bookie, you can swiftly and efficiently lay your accumulator on smarkets.

With the bookmaker I'm using in this article, I've been given a free bet, and the terms of the offer require that it be spent on an accumulator.