Matched Betting Explained

Posted on March 1, 2023
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If you’re a new bettor, you may have come across many terms that ultimately mean very little to you. It’s a complex world and there’s much to learn, from strategies and terminology to different sports and payment methods. In this guide, we’re breaking down one particular area of the industry, and with it, you’ll see matched betting explained in full.

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Besides having matched betting explained, we will explore how matched betting works, and why it is so prevalent in esports. We will also provide a comprehensive matched betting guide and a range of tips and tricks to help you get started in the esports world.

What is Matched Betting?

Matched betting is a strategy that has been around for a while and has become increasingly popular in recent years. It is a betting system that involves placing bets on all possible outcomes of a sporting event, thus eliminating any potential risks and guaranteeing a profit. While matched betting has been traditionally associated with traditional sports such as football or horse racing, it has also become a popular strategy in esports.

Placing bets on all possible outcomes of a sporting event is achieved by using a combination of free bets and bonuses online bookmakers offer and a betting exchange to place a corresponding bet on the opposite outcome. This ensures that you will make a profit no matter the event’s outcome.

For example, let’s say you’re looking to bet on Apex Legends, specifically for ‘Team NRG’ to win a tournament. You would then place a corresponding bet on ‘Team TSM’  to win the same tournament on a betting exchange. This means that no matter which team wins the tournament, you will make a profit.

One of the key benefits of matched betting is that it eliminates any potential risks, as you are effectively betting on both outcomes of an event. This is a far cry from traditional betting, where you place a bet on a single outcome and risk losing your money.

Matched Betting Guide

Getting started can be a little overwhelming if you’re new to matched betting. However, once you understand the process, it is relatively simple. Here is a step-by-step guide to getting started with matched betting in esports.

  • Sign up with an online bookmaker: To get started with matched betting; you will need to sign up with an online bookmaker. A range of bookmakers offer esports betting, and you can find a list of the best esports betting sites.
  • Claim a welcome bonus: Most online bookmakers offer a welcome bonus to new customers, which can be used for matched betting. You can use this bonus to place a bet on a specific esports event and then use the betting exchange to place a corresponding bet on the opposite outcome.
  • Place your bets: Once you have claimed your welcome bonus, you can place your bets. You will need to place a bet on one outcome on the online bookmaker and a corresponding bet on the opposite outcome on the betting exchange. This will ensure that no matter the outcome of the event, you will make a profit.
  • Keep track of your bets: Keeping track of your bets is essential for matched betting. You will need to keep a record of all your bets, including the amount you bet, the odds, and the outcome. This will help you to monitor your progress and ensure that you are making a profit.

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If you want more tips, or you’ve got other questions, such as ‘what is no-risk matched betting’, then try checking out betting communities online. For instance, for deeper information on matched betting, Reddit has communities that are dedicated to the concept.

matched betting explained

Matched Betting Tips

With matched betting explained in detail, let us take a look at a few tips to ease your betting process. While matched betting is a relatively straightforward process, there are a few tips and tricks that can help you get started and ensure that you are making a profit.

  • Start small: When starting out with matched betting, it is best to start small. This will help you get used to the process and understand how matched betting works. Once you understand the process better, you can increase the size of your bets.
  • Monitor the odds: Monitoring the odds is an important part of matched betting. The odds can change quickly, especially in esports, so it is important to keep an eye on them and ensure that you are getting the best value for your bets.
  • Use betting tools: A range of available matched betting automatchers and calculators can help you determine how much you need to bet on each outcome to guarantee a profit. These tools can also help you determine your expected profit from each bet.
  • Stay organized: Matched betting can involve a lot of different bets, so it is important to stay organized. This means keeping track of your bets, using a betting tracker, and ensuring you have all the information you need at your fingertips.

Importance of Bankroll Management

One of the most important aspects of matched betting is bankroll management. This refers to the process of managing your betting funds in a way that maximizes your chances of success. This includes setting aside a specific amount of money for betting, keeping track of your bets and winnings, and avoiding impulsive betting decisions.

Conclusion

To recap, matched betting is a betting system that involves placing bets on all possible outcomes of a sporting event, thus eliminating any potential risks and guaranteeing a profit. It has become increasingly popular in esports and is a great way for fans to make money from their passion.

With a comprehensive esports betting guide and a range of matched betting tips and tricks, anyone can get started with matched betting in the world of esports. Whether you are a seasoned bettor or a complete beginner, matched betting is a great way to make money and enjoy the world of esports at the same time.

Frequently asked questions

Is matched betting legal?

Yes, matched betting is an entirely legal and widely accepted form of sports betting.

How much money can I make from matched betting?

The amount of money you can make from matched betting will depend on various factors, including the amount of money you have to invest, the types of bets you place, and your overall level of success. Some people make hundreds or even thousands of dollars from matched betting, while others make less.

Is matched betting suitable for beginners?

Yes, matched betting is suitable for beginners, as long as you take the time to learn the basics of the strategy and follow a strict bankroll management plan.

 

Image credits: Shutterstock

Grant Taylor-Hill Avatar
Written by
Grant Taylor-Hill

Grant is a lifelong, multi-platform gamer with a passion for journalism and more than ten years' experience in the industry. He'll try any game once, and when he's not playing them, he's watching them, being as he is an avid esports fan.

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