Matched Betting is a technique used to take advantage of bookmaker offers and guarantee ourselves a profit every time we take up any offers available.This is done by covering all possible outcomes of a specific event, extracting any bonus cash or free bets and converting this into real cash.
Betting exchanges are very similar to bookmakers, with the exception of one major difference. Instead of betting against a bookmaker, at a betting exchange we bet against each other. This means that if someone has bet that something will happen, we can match it by betting that it won’t happen.
This guide will take you through the steps of doing a simple signup offer. Sign up to Betfair and a bookie, deposit to get your bonus bet and wager through the amounts correctly to extract your profit.
Qualifying bets are the first bets we need to place in order to gain free bets or bonus cash. In this guide we will explain how to find good matches, and why keeping the odds as low as possible is always beneficial.
The majority of the Australian bookmaker signups involve bonus cash, and not free bets. As your Matched Betting journey grows, you will come across many free bets which need to be converted. In this guide we explain how to do this in the most profitable way.
Finding close odds between bookies and the exchange can seem like a difficult and frustrating process. This guide gives you a few tips and a bit of advice on how to go about the process of finding good events for matched betting.
Mug betting is the process of placing bets (back & lay) on markets which do not have any offers available. This helps us appear like the average punter, and not like someone strictly after bonuses only. We do this to keep our accounts healthy for the long term.
Horse racing refunds are the most profitable existing customer offers available for matched bettors. Learn how to approach these type of offers, and how to maximise your profits. These offers should only be done once you feel confident in placing back and lay bets with ease.
With every bookie signup offer, and sometimes with reload offers as well, we will be required to turnover the value of our bonus bets or bonus cash a certain amount of times. Learn how these differ and how we will approach each type of wagering requirement.
In Australia betting laws differ depending in which State you reside in. The only way this truly affects us Matched Bettors is some states make it illegal to offer any signup bonuses, but DO NOT WORRY. There is light at the end of the tunnel.
Matched Betting Australia is 100% FREE to use but if you want to take your Matched Betting to another level, then we suggest using our partners, BonusBank! (Our users all get a 25% discount off their first month using the coupon code MBA at checkout!)