What is a Matched Betting Bet?

Put simply, matched betting is betting to avoid a loss (or at least make a small loss). The idea is to match any bet you put on at the bookies with an equivalent lay bet on a betting exchange (such as Betfair). If you win at the bookies, you lose at Betfair (and vice-versa) and the two bets cancel each other out. So, why would you want to do that? Well, the bookies will pay you a bonus for signing up (or re-depositing) so if you can bet with them with no risk, then you can easily claim the bonus. It's a pretty easy way to make some extra money, and even The Guardian thinks so.

So, how best to start profiting from these matched bets? Well, we have free mini-guide to get you started (enter your email in the box and we'll email you the PDF). Or you can just straight in by having a look at our recommendations below. The full list of instantly profitable matched bets is available to members only.

The Matched betting Calculator

Results

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Total Return:
Total Profit:

Profit:

Set Options

Back Odds
Lay Odds
Lay Stake
Commission %

Choose Bet Type

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Free Bet (stake not returned)
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Enter Bet Odds

Odds E/W Status Rule 4 Dead Heat
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Fri 23rd Jun 4:11AM CATEGORIES: Matched Betting

The risky bets

As always when making recommendations in the matched betting category, we've split our suggestions into 3 categories: profitable, risky and losing. The profitable bets you can instantly make a profit on the bet and obviously a greater profit when your bonus comes through. The risky bets show bets that could possibly be profitable - if your bet gets taken up on Betfair. The losing section lists bets where you can take an initial loss in order to recoup it later when you get your bonus.

The recommendations are updated every 30 mins (every 1 min for members). OK, so what have we got as of right now, Fri 23rd Jun 4:11AM? Well our topmost suggestion is Caravaggio in the 15:40 at Royal Ascot with Unibet. You will want to lay £1417.33 at 1.94 to net a nice little £0.13 profit. Click here to see what that looks like in the calculator.

Finally, for those of you wanting to take a small preliminary loss there's Salouen in the 15:05 at Royal Ascot with Unibet. You'll want to lay £9.06 at 10.50 to take a small £-0.00 loss. Click here to look at that in the calculator.


Profitable matched bets

Members only

Take an initial loss updated every 30 mins


Further resources

Bookmakers

A quick list of some boomakers to get started with. We have a full list, along with an explanation of each one's terms and conditions, inside the members' area.

  • BetBright BetBright will match a £30 deposit at 100%
  • Coral Coral will match a £5 deposit at 400%
  • Winner Winner will match a £200 deposit at 100%
  • BetStars BetStars will match a £0 deposit at 0%

More info on the Matched betting

  • Wikipedia - Wikipedia's Matched betting definition