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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Tue 21st Aug 0:47AM CATEGORIES: Matched Betting

The risky bets

As ever in the freebet category, we've separated our recommendations into 3 categories: profitable, risky and losing. The profitable bets you can instantly make a profit on the bet and of course a higher profit once your bonus gets paid. The risky bets show bets that might be profitable - if your bet gets taken up on the betting exchange. The losing section shows bets where you can make an initial loss in order to make it back later when you receive your bonus.

The recommendations are updated every 30 mins (every 1 minute for our members). So, what do we have as of right now, Tue 21st Aug 0:47AM? There are currently no instantly profitable bets available. So let's move on.

If you want to take a risk you could bet on Peggy Mckay in the 15:05 at Nottingham with Coral. Try to lay £20.86 at 8.6 to net a potential £0.00 profit. Click here to view that bet in the calculator.

Lastly, for those of you wanting to make a modest preliminary loss there's Escape The City in the 16:45 at Nottingham with BetBright. You should be able to lay £22.46 at 9.60 to take a small £-0.13 loss. Click here to look at that 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.

More info on the Matched betting

  • Wikipedia - Wikipedia's Matched betting definition