The risks and learning path of matched betting

The risks and learning path of matched betting

Is it easy to learn matched betting?

Matched betting is one of the easiest smart betting strategies to learn. For someone totally unfamiliar with sports betting, matched betting can seem a little bit hard to understand.

To learn this betting technique, you need a basic understanding of how odds are created and what are they representing.

Most sharp bettors have developed their strategy based on mathematics so understanding and learning them requires a basic affinity and knowledge about probability calculation.

Don’t be afraid, even if you were bad at math class, matched betting is still fairly easy to understand and learn.

For those who already have some experience in sports betting and know the requirements for bookmaker bonuses, matched betting will be easy to learn.

Many normal punters are switching to sharp betting techniques after a very short time of learning.

What do you need to learn about matched betting?

  • Access to bookmakers that offer bonuses for new and existing customers
  • Understanding what the odds are and how are they created
  • Learning about real probability and arbitrage betting could help
  • After the basics, you can start learning about matched betting.

Full guide to learn matched betting

How long does it take to learn matched betting?

Learning matched betting will take up to a maximum of 20-30 minutes for the bettor that already has experience in sports betting.

For someone without experience in betting will take only a few hours of reading and getting to know how bookmakers are working.

The more bookmakers you used already, the faster you can adapt matched betting at a new bookmaker.

After my experience, the basics of sports betting will take the longest to learn. For example in my experiene, it took only 1-2 hours to learn how to place bets.

But it took 1-2 days until I really felt comfortable in finding the right markets and the right odds. If you want to practice first, you can read my following article about sports betting with fake money.

Most bookmakers have a different interface, and they are grouping markets differently.

So, every time you start using a new bookmaker, it could take a while until you can find the markets you need for your matched betting strategy.

Learning the basics would take a short time, but making it without too much concentration will need some experience.

The more you research about bonuses, and their roll-over requirements, the faster you can decide if a bonus is worth your time. And on the other hand, you will find betting opportunities faster.

If you click on the following links, you can read my review about two cheap/accessible Matched betting services.

With their guides and software you can have access to a lot of bonuses without searching.

They offer the best tools for making a lot of money with minimal effort!

Profit Accumulator review! OddsMonkey review!

What are the risks of matched betting?

Matched betting is the safest betting technique that can guarantee a decent monthly income. Like every sports betting strategy, this one has some risks too.

  • Depositing money and accepting a bonus with hard-to-complete requirements

Some bookmakers are offering big bonuses that could seem easy money.

Checking the roll-over requirements is a key point in being successful with matched betting.

Some bookmakers can ask you to make big amounts of betting volume for being able to withdraw the bonus.

A requirement of roll-over for 20 times on deposit and 20 times for the bonus too makes even a good bonus not worth your time.

  • Accepting a bonus offer at a bookmaker with very bad odds (big profit margin for bookmaker)

Matched betting is based on placing bets at the bookmaker with the bonus and covering the other outcome, hedging it, at another bookie.

This technique requires the bookie with the bonus having decent odds.

A profit margin of 10% can result in odds soo low that completing the rollover requirements would take a lot more time.

With bad odds, odds comparison services won’t display enough opportunities. This will result in harder and longer work for the same amount of profit.

Often you will need to place bets that cannot be covered without taking some losses.

  • Covering the bets on wrong markets

Hedging your bonus bets at another bookmaker can result in human errors.

I made this mistake a lot of times when I was afraid of odds dropping or I wasn’t paying enough attention to the market selection.

With a short example:

  • You place an over bet for the home team
  • And you hedge your pick by placing a bet on the away team under.  Or by mistake, you place another over bet on the home team

Both outcomes could be winners with a little bit of luck, but losing both legs will cause you a substantial loss.

Human errors are hard to avoid during your betting activity, but the winnings will be way higher than the losses from these kinds of mistakes in the long run.

You can reduce these mistakes by placing bets only before the start of the match (on bigger leagues to avoid stake limitations).

Not being in rush will allow you to check the markets and stakes before placing the bets.

  • Not being able to cover the bet with the right stake

In some situations, you will cover the other outcomes at a soft bookmaker.

Most bookmakers will flag your account for smart betting sooner or later.

You will face the situation when you place your bet at the bookie with the bonus, and while trying to hedge it, a window will pop up.

In that, a message with: the maximum stake is lower than yours.

I suggest keeping money at other bookmakers too for these situations. If you are planning to practice this technique, I guarantee that you will face this maximum stake problem.

It is wise to be prepared, so you can act fast, and you can cover the remaining part of your stake at another bookie.

  • Depositing money at a bookmaker with a bad reputation

Even a very good bonus opportunity is not worth it if the bookmaker is not trustworthy.

After completing the bonuses at the famous bookmakers, you will likely start researching new opportunities.

Most of the time you won’t face any larger problems, but some bookmakers have a business model that is not tolerating winning players.

After a short research in google, you can find at least a few forum posts about the bookie you are betting at.

Paying attention to negative comments about a bookie will save you a lot of time and money.

Some bookmakers will block your account if you start winning or they catch you with smart betting activities like arbitrage betting or matched betting.

After some minutes of research, you can find a lot of forum posts or comments about a lot of bookmakers that closed accounts without good reason.

Some of them are allowing you to withdraw your initial deposit, but some will block your funds and won’t even respond to your emails.

I suggest that no matter how good a bonus is if the bookmaker is not trustworthy you should avoid them.

Have you ever asked yourself: does Betfair allow matched betting? You can find out in this article.

Why do bookies hate matched betting?

Bookmakers are profit-oriented companies. Their main income source is the profit margin on bets.

The odds are generated in a way that no matter which outcome wins, the bookmakers will make a profit between approximately 3% – 10%.

Bonuses are offered to get new customers and keep the existing ones active.

The roll-over requirements are defined in a way that a normal punter will lose at least 40%-60% of the bonus while completing it.

A matched bettor will target odds that are close to real probability or even higher than them.

This betting technique is dangerous by itself for bookmakers, because in the long run, the smart bettors are more likely to end up in profit.

On the other hand, matched bettors are motivated to place bets only when a bonus is offered. This will decrease the profitability of the bookie.

Bettors who are not losing money, in the long run, are not welcomed by the bookmakers.

They can generate profits on players without a profitable smart betting technique and are losing money.

How much does it cost to start matched betting?

Matched betting costs nothing to start if you are searching bookmakers with bonuses by yourself. You can find a lot of information for free on how to learn and start this betting technique.

The only cost to start matched betting is the money you need to be eligible for a bonus. The ideal starting capital would be 200-300 dollars for smaller bonuses.

If you have access to a lot of bookmakers, you can find bonuses of $10 – $20 which require a starting capital of only $100.

If you are from the US for example, you would need more to really start matched betting.

Most of the bonuses are above $500. So, to maximize your profits from bonuses, the optimal capital to start would be around $1000 – $1500.

Should I start matched betting?

If you have access to a lot of bookmakers in your country, you should start matched betting.

This smart betting technique will generate guaranteed income from bonuses only after a few hours of learning.

Basically, bookmaker bonuses are free money on the table, and with matched betting, you can get them with a very low risk of losing a part of them.

I think everyone who has access to information about this income source should take advantage of it.

For experienced bettors without any good betting strategy, this technique is the easiest to learn and guarantees an instant way of boosting profits.

If you click on the following links, you can read my review about two cheap/accessible Matched betting services.

With their guides and software you can have access to a lot of bonuses without searching.

They offer the best tools for making a lot of money with minimal effort!

Profit Accumulator review! OddsMonkey review!

Is matched betting a good way to make money?

Matched betting can act as a side hustle. It does not need you to contact other people, pay for courses, or physically leave the house.

In my opinion, this betting technique is a very good way to make a lot of money from home.

A lot of people are searching for easy ways of making money. The first idea that came up is applications to earn money by clicking on ads.

These income sources will offer a very low hourly payment.

On the other hand, smart betting is a good income source because the hourly rate can be even between $20 – $50.

This income source does not need too much previous knowledge, can be learned in a very short time. You can start earning money even with a starting capital of $100.

The majority of matched bettors are focusing their activity around Betfair. But is it possible to proceed without exchanges?

FAQ

Is it easy to learn matched betting?

Matched betting is one of the easiest smart betting strategies to learn.

How long does it take to learn matched betting?

Learning matched betting will take up to a maximum of 20-30 minutes for the bettor who already has experience in sports betting.

Why do bookies hate matched betting?

Bookmakers are profit-oriented companies. Matched bettors are winning money from them.

Is matched betting a good way to make money?

This betting technique is a very good way to make a lot of money from home without experience and too much learning.

 

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