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:

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Lay Odds
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Enter Bet Odds

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Sat 21st Apr 2:28AM CATEGORIES: Matched Betting

The risky bets

As always in the freebet section of the site, we've split our suggestions into three groups: profitable, risky and losing. The profitable bets are ones that you can 'arb' on to give you a profit now and obviously a bigger profit as soon as your bonus gets paid. The risky bets show bets that may be profitable - if your bet gets taken up on the betting exchange. The losing section lists bets where you can make a loss now in order to recoup it later when your bonus is paid.

The bets get updated every 30 mins (every 1 min for our members). OK, so what have we got as of right now, Sat 21st Apr 2:28AM? There are currently no instantly profitable bets available. So let's proceed.

If you want to take a risk you could go for Ballyvic Boru in the 17:15 at Ayr with SkyBet. You'll want to to lay £12.86 at 7 to grab a potential £2.34 profit. Click here to view that bet in the calculator.

Finally, for people wanting to make a modest preliminary loss there's Ballyvic Boru in the 17:15 at Ayr with Bet365. You'll need to lay £12.86 at 9.40 to take a small £-4.68 loss. Click here to see what that looks like in the calculator.


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.

  • Ladbrokes Ladbrokes will match a £50 deposit at 100%
  • Matchbook Matchbook will match a £0 deposit at 0%

More info on the Matched betting

  • Wikipedia - Wikipedia's Matched betting definition