If you’re looking for an exciting new way to gamble then check out Matched Betting, currently only available to UK residents. The concept is quite simply explained on the MatchedBetting website:
“Matched Betting is a revolutionary way to gamble. Using state-of-the-art technology, we’re able to connect online gamblers with professional bookmakers who agree to take on each other’s bets. The concept is quite simple – if you make a bet and it comes off, you win the money. If it fails, your opponent wins. It’s a bit like playing two-at-a-time, but with a professional bookmaker taking care of the arithmetic for you. Best of all, since it’s completely legal, you can utilize MatchBetting today with no restrictions whatsoever.”
How does it work? Let’s say there’s a horse race between Real Madrid and Barcelona. First, you make a bet with a bookmaker, placing a bet on Madrid to win (1.80), and also placing a bet on Barcelona to win (2.00). If Madrid wins (which they will, since you put a bigger bet on them), you’ll win 20p on your Madrid bet and 16.67 on your Barcelona bet – in other words, your total bet will be 21.67. If Barcelona wins, your total bet will be 10.00. Matched Betting allows you to place side bets as well, so if you believe one of the teams will be docked points for something that happens during the game, you can place a bet on that too.
The pros of betting via Matched Betting are numerous. First off, you’re not actually placing a bet with a bookmaker, which means you don’t actually have to worry about your bankroll being at risk. Instead, you simply enter the details of your bets and the software will match you with bookies who are willing to take on your wagers. As we mentioned, all you have to do is enter your bets and leave the rest to the professionals. Since the matches are between fully regulated firms, you can be sure your winnings will be safe and you won’t have to deal with any funny business. For more information on Matched Betting, check out our in-depth guide to finding the best matched betting sites for UK residents.
How Do I Place A Bet With Matched Betting?
As soon as you’ve found a website that offers Matched Betting, you’ll see a section labeled ‘Live Betting’. You can either choose to place a bet on a sporting event as it happens (Live Betting) or you can choose to lay down a stake and wait for the results (Pro Betting). For those of you who want to place a bet while watching TV, Live Betting is ideal, as you’ll be able to keep track of the entire event and decide whether to sit it out or to get involved. If you’re new to betting, start out by placing bets on simple horse races and gaming events like roulette or blackjack and develop your way up to taking on bigger and better prizes.
The best part of the Live Betting option is that you don’t have to be connected to the internet to use it. So, if you’re traveling abroad, you don’t have to worry about losing connection and being unable to place your bet. You also don’t have to worry about being blocked from betting in certain countries if they don’t appreciate online gambling. With Live Betting, you’re able to place bets anywhere in the world while enjoying all the perks that being online brings you.
What Can I Use My Matched Betting Bet For?
It depends on the type of bet you made. For example, if you bet on Madrid to win the match, you’ll have bet on the Spanish club to win a football (or soccer, as they are known around the world) game. There’s no need to remind you that Madrid is currently one of the best teams in the world and are favorites to win the title this year. So, if you’re looking to profit from Madrid’s record-breaking season, you could use your matched betting bet to hedge your bets. In other words, you could use it to gamble on Madrid to win but also to guess that they will win.
Similarly, if you bet on Barcelona to win the match, you’ll have bet on the Catalans to win a soccer game. Like Madrid, Barcelona is one of the biggest clubs in the world and has been performing well this season too. If you see the Spanish champions losing their grip on the cup, you could also use your matched betting bet to hedge your bets. In other words, you could use it to gamble on Barcelona to win but also to guess that they will.
There’s a wide variety of betting options available through Matched Betting. It’s a brilliant platform for people who love to gamble and don’t want to worry about the restrictions that some bookmakers place on new customers. Matched Betting allows you to place bets on just about anything you can think of, provided you have a clear and concise rationale for doing so. It’s a great option for people who want to test their luck in an exciting new way but don’t want to take on too much risk. And finally, it’s ideal for people who want to place bets on events taking place abroad, as you don’t have to concern yourself about being blocked from doing so by your country’s governing body. Legal Online Gambling in Europe
Although it was set up in the UK, Matched Betting is open to players from Europe, the Middle East, and Africa. This means that you’re able to place bets on events taking place in those regions, as long as the site you choose is licensed and regulated by a country or territory in one of those regions. Licensed and regulated sites must meet the following criteria: