What is No Risk Matched Betting?
Betting is something that most people consider as being risky. After all, isn’t there the risk of losing a lot of money if your bet doesn’t win? In this guide I’ll be covering no risk matched betting.
Well, it is true that many people lose their hard-earned cash placing bets that don’t work out for them. The UK’s gambling industry takes over £14 billion off punters each year. It is clear that many people are betting in a way that suits the bookies rather than them.
Yet, there is a better way to bet. It is called no risk matched betting. There are already plenty of people who are making money in this way with no hassle.
What is this and can you take advantage of it too? More and more people are discovering this approach. Now is the perfect time for you to do so too.
The idea of gambling with no risk might seem too good to be true at first. Surely there is no way of taking all of the risk out of placing a bet. There is and once you discover it you won’t believe how easy it is.
Don’t keep on losing money on bets where the odds are stacked against you. Instead, you can take an approach this puts you in control. Matched betting gives you the unfair advantage that you crave.
I’ve written a Matched Betting guide for Dummies to explain exactly how it works.
How No Risk Matched Betting Works
The basis of no risk matched betting is very simple yet clever. It takes a loophole that exists in the way bookies work and exploits it. This method is completely legal. It can be carried out by anyone, even if they have never bet before.
Experienced gamblers who want to turn the tables on the bookies can also use it. If you have lost money on bets in the past then you will love this method.
The first step is to find a bet that you can place on a certain event happening. This could be your chosen horse winning a race or a football team winning the game. It can also be applied to tennis, golf and just about any other sport.
Obviously this is still a risky bet, as there is chance of this not happening. People lose money on this type of gamble all the time. This is because they simply don’t know whether their prediction will come true or not. You can’t be sure either.
Even a strong favourite can lose. How many people have been left disappointed after a “sure thing” let them down? There is no way that you can say with complete certainty that your choice is the right one.
Matched betting takes all of the uncertainty out of this wager. This is because you then place a lay bet as well. This will be based on exactly the opposite happening than what you already bet on.
If the main bet is on a horse winning then the lay bet will cover the possibility of it not winning. It sounds so incredibly simple, So much so that you may be wondering why you have never come across it before.
Things get even better when you use bookmaker offers. In this way, you are gambling with someone else’s money. By using accounts with different bookies you can pick up loads of offers.
So, you can win money with absolutely no risk even more easily. These offers may give you a free bet or some other sort of promotion. By using these offers smartly you can avoid using your own cash.
You will know before the action even begins that you are a winner. The only doubt is around how much you win. Each part of the bet will have a different pay-out amount you could win.
How Is It Risk Free?
The secret to no risk matched betting is that there is absolutely no chance of you losing money. You are covering all of the possibilities, so you can be certain that one of your bets will come up.
Yet, what if your lower bet wins, or the one with poorer odds? Surely, betting on all possible eventualities isn’t enough on its own. If it was then everyone would do this all the time.
Well, this is when the maths comes into it. You see, not every bet is suitable for this approach. In some cases, there will be no way of getting rid of all the risks.
In other situations, it is a question of finding the right odds. If one bookie has a special offer that gives you improved odds then so much the better.
Therefore, the first step is to find the events that you can bet on safely. The odds need to be right for you.
The second step is to make the right level of bet. You need all possible pay-outs to be big enough to leave you in overall profit. Gets these two things right and you can’t go wrong.
Each bet is different. This means that the stakes and the potential pay-outs will vary from one to another. You can’t place the same stake every time on every bet.
Is Matched Betting Gambling?
All of this leads us to the question of whether no risk matched betting is even gambling? Can we call it gambling when you know that you will no matter what happens?
When we look up some online definition of gambling we can see a number of different phrases. “Wagering of money…on an event with an uncertain outcome” and “take risky action in the hope of a desired result” among others.
Well, none of these are really true in this case. There is nothing risky about this kind of betting. There is an uncertainty to the outcome but you know you will win in any eventuality.
Gambling is something that you do to try and win but with no guarantee of doing so. We all know that feeling of fear and anticipation when we gamble on something. It could go wrong and we could end up empty-handed.
On the other hand, matched betting involves no fear. There is still a buzz of excitement but it isn’t mixed with the dread of a potential loss. You are just excited about how much you could win.
So what is it then? If isn’t gambling then how can we class matched betting? Perhaps we can call it an investment. Like a lot of investments, you are sure to earn money but the amount is unknown at the start.
It is also about choosing the smartest option. In matched betting this comes from analysing the races. You then need to crunch the numbers to find out how best to go about it.
All of this means that this kind of betting certainly isn’t gambling. You won’t ever have your heart in your mouth at the prospect of a heavy loss. However, it still retains the excitement and chance to win big that attracts us to gambling in the first place.
Of course, the bookies need to think that you are gambling. They won’t be happy if they know that you have removed all the risk. This is why you need to avoid raising their suspicions with your betting activity. You need to appear as much as possible like any other innocent punter.
How Much Money Do You Need to Get Started?
The next question you may have is around how much money this method requires. Do you need to invest a huge amount of cash in it?
The good news is that you can get started with very little money. As we have already seen, part of the appeal comes with using bookmaker offers. In addition, some bets only need small stakes to make them profitable. I’d recommend starting with £100 if you can stretch to it.
If you want to start off without investing much you can. You will gradually boost your balance with each win. Ideally, you will leave your winnings in the bookie accounts for a while, to avoid drawing attention to yourself.
Of course, your balance won’t go up and down as in other types of betting. Every bet you make will see your profits increase. You will soon have a healthy balance with several bookies if you do things right.
Some offers need you to make a small bet first. For instance, you may get given a free bet for wagering £5 or £10 of your own money. This is great for getting started smoothly.
Normally, this is a nice bonus but most punters don’t spend it wisely. Bookies can afford to give out this bonus because people just give it back to them with risky bets. With no risk matched betting you make sure that your bets are worked out cleverly.
Once you have the profits from your first wins you no longer need to bet with your own money. From this point on, you are using your profits to bet with.
Do this well and you can end up with an impressive regular income. This is a terrific way of topping up your wages or of building up some nice savings.
How Much Can Be Earned with No Risk Matched Betting?
Naturally, everyone wants to know how much they can earn like this. Is this your gateway to riches or a way of getting some extra spending money?
The truth is that it is difficult to put a figure on. It really depends upon different factors. The first one is how much time you dedicate to doing this. I’ve written a full guide on this with a more detailed answer.
If you only want to spend a couple of hours a week then the amount you can earn will be limited. On the other hand, if you are going to put in a lot of time and effort you will earn more.
Perhaps you will start off slowly and build up. Some people do this once they see that they can win a lot of money. Everyone is free to choose exactly how much time to spend on it.
The next factor is around the deals that you find. The more bets you make the more money you win. Every bet is a winner, so the profits soon mount up. Some wins will be for modest amounts. Others could be for £50, £100 or more.
As we have seen, not every event is right for no risk matched betting. There might not be a few that are suitable one day. The next day there could be a lot more.
This is why you will want to grab all of the best offers that you can. Every deal that you miss is a chance to win money that disappears forever.
This is another reason why you need accounts with numerous bookies. In this way, you can take advantage of more deals.
It also means that your account runs less risk of being gubbed. This is when it is blocked because of suspicious activity. By spreading the bets over different sites you don’t put all your eggs in one basket.
The final issue is that of how much you bet. We have already seen that most bets need only a relatively small stake. Yet, there may be others that allow you to wager more.
If you have the funds to place bigger stakes when needed, the rewards will be greater. Remember, this isn’t gambling and you can’t lose if you do it right.
What Happens Once the New Account Offers Have Finished?
We mentioned earlier that new account offers are an important part of matched betting. These deals let you use the bookie’s money for your bets. Indeed, they can also be found in the likes of bingo and casino sites too. I’ve written a full guide on Matched Betting after sign up offers.
However, isn’t there going to come a time when you run out of new account offers? Once you have an account with every bookmaker and used all their offers what comes next?
Thankfully, there are still more way to win. A good example of how you can do this is with on-going bookie offers.
Some of them will offer free bets to regular punters. They may also offer extra places on big races. Odds can also be boosted on some races to make them more attractive to bet on.
All of this means that there is always some sort of offer for you to take advantage of. There is no need to think that the good times end when you run out of new account offers.
What is important is that you are aware of as many deals as possible. You don’t want to let a juicy offer slip through your fingers.
Big events such as the Cheltenham horse racing festival are ideal. Bookies try and tempt punters to bet with them with special deals during these events. However, in any given week of the year you will find exciting and interesting bookie offers.
The key to success is in finding them and then using them wisely. If you do this then you will never be short of ways to win.
There are also advanced strategies such as dutching. This takes matched betting a step further by placing bets on every runner. It can be very profitable but it is best carried out once you are comfortable with basic strategies.
How to Make No Risk Matched Betting Easier?
You should have seen by now that matched betting is a terrific option. There is no risk of losing your money. In fact, you can win a lot of cash in this way without any fuss.
Having said that, there are still a couple of issues to clear up. Isn’t it going to be difficult to find right deals? Also, how are you going to work out exactly the amount to bet?
There two things are crucial in matched betting. Yet, most of us don’t have the time to do them well. Hunting through bookie’s odds and then crunching numbers sounds really time-consuming.
Not everyone has the time or skills for this. But it doesn’t matter. You can make this easier by using the right software.
This is a clever way of finding the right deals and using them well. The right software makes this fast and easy to do.
In this way, you can spend very little time looking for offers. The best, hand-picked deals will arrive directly to your computer. You can then just pick out those that most interest you.
Once you do this, you will see how much you need to wager. The software tells you the ideal amount of stake for a good win.
This takes the last element of risk out of the bet. The software ensures that you don’t make a mistake when finding deals or working out the stake.
Therefore, you can simply place your stake and wait for the winnings to arrive. When else in life can you get a guaranteed profit for so little effort? I’d highly recommend taking a risk free trial of Profit Maximiser which will help you make the most profit from your Matched Betting with the least amount of effort.