What are the most lucrative bonuses to take "advantage of"?

Taking advantage of sign-up bonuses is a no-brainer. These promotions are designed to attract new players and typically offer more free money than any other type of bonus. While it’s important to read the fine print and make sure you understand any wagering requirements, sign-up bonuses can give your bankroll a serious boost. Keep in mind that not all welcome bonuses are the same, so it’s worth shopping around and comparing offers from different betting sites to find the best deal.

Do betting site promotions ever run out?

Theoretically, it is actually possible for betting site promotions to run out, but in reality, that’s never the case. The online sports betting industry is fiercely competitive, with bookies constantly introducing new promotions to attract and retain customers. We bettors are the ones who benefit from this competition, with countless bonuses and offers available to us. That said, many promotions often have expiration dates or other terms and conditions, so it’s important to always read the fine print!

What other bonuses can be used for no-risk match betting?

Beyond the sign-up bonus, other promos commonly available online are the reload bonus and refer-a-friend promo. All of these can be used for no-risk match betting. Reloads are deals for repeat players of a site. Upon re-depositing money into the account, they receive a matched bonus similar to a sign-up one. You can guess what a refer-a-friend bonus is, but just in case you don’t, this deal is earned when you refer a new player to a sportsbook.

Do betting sites try to stop no-risk match betting?

Yes and no. While sportsbooks routinely try to stop players from easily profiting off their bonuses, there’s not much they can do in regard to no-risk matched betting. This tactic isn’t illegal, and it’s just a smart way to work around promotional rules. So while some sportsbooks might frown upon it, there’s nothing wrong with taking advantage of no-risk matched betting if you’re able to do so.

When is the best time to rake in bonus deals?

The best time to rake in bonus deals is usually the timeframe between February and March. This coincides with the two biggest sporting events of the year for gamblers — the Super Bowl and NCAA March Madness. To cash in off the interest from casual players, many bookmakers “up the ante” in terms of their bonus offers. As we said, it’s a competitive industry and this window is the operator’s peak period for attracting new customers.

A back bet is a term used in no-risk matched betting. It refers to placing a bet on a specific outcome, essentially backing that particular pick. While this type of betting can be profitable in matched betting, it can also be risky if used alone. It’s important to use this strategy carefully and with other matched betting techniques to minimize losses and maximize profits.

A lay bet is the opposite of a back bet. When you make a lay bet, you’re betting against something happening. For example, if you’re laying a bet on a football team, you’re betting that they will not win the game. In many cases, lay betting is used in combination with back betting as a no-risk matched betting strategy.

So can you make a back and lay bet at the same time?

Definitely, you can place both a back bet and a lay bet at the same time. This is a popular strategy for no-risk matched betting. When you place both types of bets on the same event, the bets essentially offset each other, resulting in no risk. This strategy is particularly effective when there are only two possible outcomes for the event. In this case, you can’t lose the wager and can guarantee a profit, regardless of which outcome occurs.

Is no-risk matched betting hard to do?

No, it’s not. No-risk matched betting may seem complex at first, but it’s not as hard as you might think. With some dedication and practice, you can become proficient in the method. The key is to take it slow and learn step by step. While it may not be an “easy” way to make money, it can be a profitable one if you put in the effort. Anyone can become a successful no-risk matched bettor.

How long does no-risk, matched betting take?

Matched betting can take anywhere from a few hours to several months to learn and perfect. It really depends on your level of commitment, your prior experience with sports betting, and how quickly you can grasp the concepts. Surely, the more time you invest in learning and practicing, the more profitable you can become in the long run.

What Is No Risk Matched Betting? Legal & Secure Options

MyTopSportsbooks Matched Betting Guide

Matched betting is a prevalent betting type that attracts bettors from across the globe who are looking to earn some free cash! It relies on securing profit from promotional free bets offered by different online bookmakers, which means it isn’t gambling in the strictest sense of the word. These promotions and incentives for new customers are commonplace on betting websites—you’ll often see them as a welcome bonus or sign-up bonus. Don’t see it as free money, because you need to know how to use the approach correctly.

Ready to learn how to find the best types of risk-free bets and discover the best betting sites with no-risk bets or promotions? Let’s go!

Or if you want to jump right to the basics, check out our FAQ section for a quick and handy step-by-step guide.

You can’t lose

This MyTopSportsbooks Matched Betting guide will take you through the different aspects of no-risk matched betting when playing for real money online. It will address questions such as “what is matched betting?” and “what’s the best way to use your matched betting money?” In its simplest form, it’s the method of turning free bets into actual money.

When adopting this approach, bettors must cover a particular wager’s potential outcomes by placing various bets. This is what makes it “risk-free”, and explains why it is so appealing to millions of bettors. Although this guide will lay out the foundations of matched betting, it’s always worth adopting good practices and methods of matched betting. We have you covered at every angle.

What Is Matched Betting? The Fundamentals

This is a different animal altogether than line betting. While the term has the word “betting” in it (implying a certain level of jeopardy), if you do it properly, the risk is zero. In other words, it’s a genuine win-win!

We’ve all heard horror stories about innocent people getting scammed with “Sign-up for guaranteed wins and no-lose bets” promises over the years, but this isn’t what we’re getting at here. Matched betting is much better and much more reliable.

Ensure a profit

Matched betting is a system in which bettors follow strict procedures to ensure they see a profit. Bettors will place more than one bet at a time, minimizing the risk and ensuring that unit losses are covered.

This type of betting ignores the result of a sporting event and focuses on the profit earned from bonuses. This may seem unclear initially, but it’s simply a case of covering yourself so you don’t lose.

Matched betting also does not require the participant to be interested in gambling or sports. Just the desire to make money. As the community of matched bettors grows, getting tips and insider tricks is easier.

Discipline is key

This leads to the common misconception that matched betting is extremely difficult to grasp, which isn’t true at all. In fact, it’s quite the opposite. It’s about being disciplined, following the structure, and ensuring a consistent process. If you can keep your discipline, match betting will do the rest.

There is no such thing as a beginner’s guide to matched betting, because the process is the same for newcomers and veterans. That’s why it’s important to adopt good habits right from the off! It’s important to stick to the plan and remove your emotions or loyalties to a certain team or athlete from the equation. The only thing you need loyalty to is making loads and loads of cash!

A number of no-risk matched betting sites are available to bettors in the US, which means there are lots of promotional offerings to choose from! You won’t have to look far to find the likes of risk free betting, a free bet conversion and other promos.

Example

A basic example of how a no risk match betting strategy would work can be taken from the English Premier League. In this case, imagine there’s a UK soccer match involving Manchester United and Manchester City. You might receive a free bet which you can use to gamble on the home win. You will then cover the draw and away win to the right stakes to ensure that you come out of the game with more cash than you entered it. The result isn’t important, nor are the scorers, injuries, and minutes played. All you are waiting for is the final whistle, and you can check if you’ve made a little profit or a lot.

In many cases, the result won’t affect your back bet as you have guaranteed a profit regardless of the outcome. But it often will have a say on how big your profit is. For example, if Man Utd were to win, you’d back a $200 profit, a draw would give you $250 and a Man City victory $150. That’s how this type of betting works.

The Best No Risk Matched Betting Sites

There are many to choose from at the top gambling sites, and it isn’t always easy to find the best one with the right payout. Each sportsbook offers different bonuses, so it’s worth seeing which ones are workable by the rules of matched betting. They may look similar to the untrained eye or even to experienced gamblers looking simply at the headline offer.

But more work is needed to get the best deal. Please read the bonus offers terms and conditions (t&cs) attached to a promotion. Ensure it’s secure, protects your privacy, is legal and works for your betting style. Things to look out for include the value of the qualifying bet needed to release the free bet offer.

The incentives offered by bookmakers are normally temporary so that a new one will be available within a short period. This means matched bettors need to keep track of offerings. Occasionally, this can be viewed as a full-time task, especially when the sports schedule, such as the NFL, is frantic. But the rewards far outweigh the efforts made by you. Keep your finger on the pulse of the ever-changing world of online sports betting promotions, free bets and special offers.

Take the weight off

It’s worth shopping around the various sportsbooks and seeing which deals are available. Set a reminder to do this daily, weekly or monthly. We would advise as often as possible, especially around the big events, like FA Cup final or the Kentucky Derby. Alternatively, many dedicated matched betting sites offer a collective of data taken from all the sportsbooks to make this process even easier. These apps do the hard work for you.

At this point, we should probably let you know that bookmakers don’t like matched betting. They’re a for-profit business, and if bettors are finding ways to game the system, that is always bad for them. How long would the gambling industry last if every bet made was a winning one? A day? Two days? Maybe even a week. What came after would be the destruction.

As such, oddsmakers reserve the right to ban accounts or restrict playing time on accounts. From what we hear from the community, while this is true they can ban accounts, it’s fairly uncommon for matched bettors to receive bans. You’ll probably see this referred to as arbitrage betting or arbing, which is frowned upon by most bookies. They’ll know you’re trying to cover all possible outcomes.

We wouldn’t worry too much about that, to be honest, but it is worth keeping in mind, especially with moneyline bets. If you are consistently using the bookies‘ promos to empty their tills with a guaranteed profit using this betting technique, we can’t be surprised if they act to try and stop this.

How to Make Money from Matched Betting Sites

The question we’re always getting from our readers is, ‘how much can be made matched betting?” Ultimately, the answer varies from person to person. It’s down to how much work you’re willing to put in and the time you have to dedicate to the process. Of course, if you use a programme that gathers all the information, this speeds things up.

Before getting into that, it’s worth ensuring you understand how do sportsbooks make money. You’ll find a dedicated section to that elsewhere on our site. Knowing the methods and tricks the traders use to stay in profit helps you learn how to use their weapons against them.

In most cases, matched bettors use the system to supplement their main income. But this is not always the case. Many are raking in up to $2,000 per month. Matched betting – when done correctly – can provide a steady income.

Set aside your budget

You will require a betting budget or bankroll before placing your first bet, but this is needed to get the ball rolling. You won’t lose any amount of money, including your initial stakes. You will make a profit from it if you follow our advice. The more you are willing to spend following this guaranteed, no-lose system, the more cash you will make. It’s not always as simple as that, or we’d all be rich already.

Draftkings, Caesars, Fanduel, BetMGM, or Betfair – from Las Vegas to New Jersey – have a strict hold on how much you can bet. Also, the amount they can afford to lose. You may encounter a situation where you are trying to get a chunk of money on a bet, such as $10,000, but the bookie will only allow you a maximum stake of $1000. Always check the maximum you can bet on a selection before confirming your budget for that gamble.

Getting value betting from your online sportsbook isn’t always easy. It takes a dedicated, consistent and smart sports bettor to make it work. Although a matched betting calculator often helps get the best of your betting service.

Time is money

Many stay-at-home parents and people with a lot of free time, like young adults and students, find the system very useful. While it won’t make these people millionaires, it certainly helps to bring money each year. When time equates to money, it’s really down to the person doing it and how much they want to make.

The whole system fundamentally works on offered promotions, which begs the question ‘what happens when the promotions run out?” Well, while promotions can vary from month-to-month, there are always promotions to be jumped on. So many sportsbooks, incentives, reloads, and bonuses are coming out daily. Bettors are spoilt for choice! Don’t forget about the betting exchange option, either. Usually best if you want to make a lay bet, but it’s another added bonus, and you’ll find more than the odd bet offer there too.