![]() your matched betting knowledge and skills,.the lay odds offered by betting exchanges,.the deals and back odds offered by bookmakers,.the amount of money you are willing and able to stake (your “float”),.the amount of time you are willing and able to spend,.The amount of money you can make from matched betting ultimately depends on a number of factors, including: If you still have questions about what matched betting is or how it works, please contact us at. What OddsMonkey did was turn the process largely automatic, making it quicker and easier for anyone and everyone to use matched betting to make money online and add to their monthly income. People used to have to search for odds and betting opportunities manually, which was tricky, time-consuming and pretty tedious. While we did build the first odds matching tool, we didn’t create matched betting itself. All of this means we’ve been able to add new tools, training, videos, tutorials and customer support to the OddsMonkey site. Since then, we’ve put together a strong team of matched betting experts and top developers. And it feels pretty good to know that OddsMatcher has been used throughout the matched betting community since 2011, helping tens of thousands of people earn real money. It’s not really in our nature to blow our own horn, but we did create the original matched betting software. Typically, you will end up with approximately 80% of the free bet amount, so a £30 free bet turns into around £24 profit. This back and lay betting technique allows you to make a profit* on free bets. Every time you place a back bet (for something), you place a lay bet (an opposing bet against the same outcome). Oh, and you can turn the free bet into actual profit too! Eliminate the risk associated with traditional betting by placing two bets instead of just one. ![]() Or even with less money than you started with.īut with matched betting, you can unlock the free bet and protect any money you use to place a bet with. However, there’s no guarantee that any of your bets will win and you may come away with nothing. Now, with traditional betting, you can sign up, place a bet and get your free bet. A popular offer will be along the lines of “bet £10, get £10 in free bets”. In order to attract new customers, many bookmakers offer free bet promotions to encourage people to sign up. And they’re willing to try anything to grab your attention. It allows you to turn free bets into real money. This ‘back and lay’ betting technique gets rid of risk and the need to rely on luck. ![]() Place two opposing bets: one on ‘win’ and one on ‘lose’ to cover all potential outcomes of a sporting event.
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