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

Total Stake:
Total Return:
Total Profit:

Profit:

Set Options

Back Odds
Lay Odds
Lay Stake
Commission %

Choose Bet Type

Qualifying Bet
Free Bet (stake not returned)
Free Bet (stake returned)

Enter Bet Odds

Odds E/W Status Rule 4 Dead Heat
/
1
/
%

Sat 29th Apr 20:14PM CATEGORIES: Matched Betting

The risky bets

As always when making recommendations in the matched betting section of the site, we've divided our suggestions into 3 categories: profitable, risky and losing. The profitable bets you can instantly make a profit on the bet and of course a greater profit as soon as your bonus gets paid. The risky bets show potentially profitable bets - if your bet is matched on Betfair. The losing section shows bets where you can take a loss now in order to make it back later when your bonus is paid.

The recommendations are updated every 30 minutes (every 1 minute for members). So, what do we have as of right now, Sat 29th Apr 20:14PM? At the moment our system hasn't found any instantly profitable bets. So let's proceed.

Finally, for those of you wanting to take a modest initial loss there's Three Majors in the 20:20 at Wolverhampton with BetBright. You should be able to lay £19.00 at 5.30 to take a small £-0.12 loss. Click here to check that out in the calculator.


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.

  • BetInternet BetInternet will match a £0 deposit at 0%
  • Racebets Racebets will match a £50 deposit at 100%
  • BetBright BetBright will match a £30 deposit at 100%
  • BetVictor BetVictor will match a £25 deposit at 100%

More info on the Matched betting

  • Wikipedia - Wikipedia's Matched betting definition