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No Risk Matched Betting Strategy
No Risk Matched Betting is a strategy used by individuals to profit from bookmaker promotions and free bets with minimal to no risk involved. It's a structured approach that ensures you'll make a profit regardless of the outcome of a sporting event. Here's a step-by-step guide to No Risk Matched Betting:
Step 1: Understand the Basics
Bookmakers: Identify bookmakers offering promotions like "bet £10 and get a £10 free bet."
Betting Exchange: Use a betting exchange like Betfair or Smarkets to lay (bet against) the same outcome you bet for at the bookmaker.
Step 2: Sign Up
Bookmaker: Sign up with the bookmaker offering the promotion and deposit the required amount to qualify for the free bet.
Betting Exchange: Sign up with a betting exchange if you haven't already.
Step 3: Qualifying Bet
Place a Back Bet: Bet on a specific outcome (e.g., Team A to win) using your own funds at the bookmaker. This is the "qualifying bet."
Lay the Same Bet: Use the betting exchange to place a lay bet on the same outcome (Team A not to win). This hedges your bet.
Step 4: Free Bet
Receive the Free Bet: Once your qualifying bet settles, you'll receive the free bet from the bookmaker.
Repeat the Process: Repeat the process of placing a back bet and a lay bet, but this time use your free bet instead of your own money.
Step 5: Calculate Profits
- Use a matched betting calculator to determine the exact amounts to bet and lay to ensure a profit, regardless of the event's outcome.
Step 6: Cash Out
- After the event concludes, cash out your winnings from both the bookmaker and the betting exchange.
Step 7: Repeat
- Look for more bookmaker promotions and repeat the process to accumulate more profits.
Key Points
Risk-Free: Since you're covering all possible outcomes, you'll make a profit regardless of the event's result.
Small Margins: No Risk Matched Betting relies on small profit margins, so it may not make you rich overnight, but it's a consistent way to make money.
Time and Effort: It requires careful calculations and monitoring but can be done by anyone with patience and attention to detail.
Account Management: Be mindful of bookmakers' terms and conditions, and manage your accounts effectively to avoid suspicion.
No Risk Matched Betting is a legitimate way to profit from bookmaker promotions without gambling. It's a methodical strategy that can yield a steady income over time, making it a popular choice for those looking to make money online.