Since matched betting is not your regular type of betting. You need some tricks to be successful in it, some of which are provided below:
1. You need to have a funded Betway account (or any other good betting exchange, Betfair and bet farm is not bad)
2. New and real betting account where Free bets can be available for signing up. (Searching on the web about“free bets “to find one will not be a bad idea.)
3. Adequate money to deposit in the betting company account.
If you are not knowledgeable about the availability of the kinds of free bets various betting company offers. Let me give a little bit detailed explanation about it below:
There are two ways Bookie Free Bet/Promotions can be applied.
1. A gambler must make sure he/she meets a “Rollover Requirement”. What this means is that you must have credited some funds into the account of a betting company and this ‘Free Money’ must be available for your stakes to be placed. Certain stakes must have been played on some eligible bets before any withdrawal can be allowed (e.g., betway and Bet365).
2. A bettor must also be eligible and qualified for a Free Bet. In this scenario, a betting company makes it compulsory that bettors must place some kind of “qualifying bet” using their own cash before being any type of free bet can be given to them. This type of bet is called “Stakes Not Returned”.
Whatever your case may be your first objective is to minimize loses while the other aim is to make a profit from the free money given by the bookmaker.
Another way you can do this is when you start checking matched betting, it is pertinent you know about the type of sports in which to match your roll over with
How then can you select the appropriate Sporting Event to stake on?
Matching your bet will mandate that the Bookmakers (Betfair) odds are of a related odds. This should not be overlooked
A typical example is if a gambler stakes a qualifying bet at the Bookie by backing Manchester United beat Liverpool FC at decimal odds of 2.60, whilst Laying Liverpool FC at odds of 2.75 on the Betway exchange. The staker is actually evening out the Back bet by betting against Liverpool FC on the exchange.
Moreover, an issue arises when the difference between 2.60 and 2.75 is big with respect to the odds placed on the value of the bet. The Bookmakers price is only 81.1% of the Lay odds on Betway. This seems to be a very weak match and it is preferable, you want your Lay odds to be more like 2.70 — a 95% match. The closer the opposite odds, the lesser the risk incurred on your part and the better for you.
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