Matched betting

Matched betting is like playing a game where you always win! Imagine you have two toy cars and you want to race them. You can only place one bet on each car, but you want to make sure you win no matter what. So, you ask two of your friends to help you.

Your first friend bets on one car to win at one store, and your other friend bets on the other car to win at a different store. Now, no matter which car wins, you get a toy car! That's matched betting!

But, how does this work with real money? Well, people who place bets (called bookmakers) offer free bets to new customers to get them to sign up. You can take advantage of these free bets using matched betting.

Let's say a bookmaker offers a free bet of $10. You place a bet on the outcome of a game, but you also place another bet (called a lay bet) at a betting exchange that the opposite outcome will happen. This covers both outcomes, meaning you can't lose.

If you then use the bookmaker's free bet to place another bet with a different bookmaker, you can do exactly the same thing again. This means you can make a profit from the free bets.

Don't worry though, you don't have to be a maths genius! There are websites and apps that do all the calculations for you. With matched betting, you can make a guaranteed profit without taking any risks.

Just remember, always double-check the terms and conditions of the bookmaker offers and stay within your limits.