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
/
%

Fri 24th Mar 9:44AM CATEGORIES: Matched Betting

The risky bets

As ever when we are in the matched betting category, we've separated our suggestions into 3 categories: profitable, risky and losing. The profitable bets are ones that you can 'arb' on to give you a profit now and obviously a higher profit once your bonus gets paid. The risky bets show potentially profitable bets - if your bet gets taken up on Betfair. The losing section lists bets that allow you to take a loss now in order to make it back later when your bonus comes through.

The recommendations get updated every 30 mins (every 1 minute for members). OK, so what are the recommendations as of right now, Fri 24th Mar 9:44AM? Well our top suggestion is Craig Star in the 16:25 at Musselburgh with SkyBet. You will want to lay £17.31 at 14.01 to bag a cheeky £0.52 profit. Click here to send that to the calculator.

If you prefer to go for a risk you could bet on Sheepscar Lad in the 20:15 at Newcastle with PaddyPower. You should be able to lay £16.89 at 9 to net a possible £0.21 profit. Click here to see what that looks like in the calculator.

Last but not least, for people wanting to make a modest preliminary loss there's Tjongejonge in the 14:30 at Newbury with StanJames. You'll want to lay £27.02 at 9.60 to take a small £-0.13 loss. Click here to see what that looks like in the calculator.


Profitable matched bets

Members only

Risky matched bets updated every 30 mins

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.

  • Coral Coral will match a £5 deposit at 400%
  • BetDAQ BetDAQ will match a £0 deposit at 0%
  • Betfred Betfred will match a £10 deposit at 300%
  • Betway Betway will match a £30 deposit at 100%

More info on the Matched betting

  • Wikipedia - Wikipedia's Matched betting definition