Matched Bets Strategy – A Guide to Using No Risk Matched Bets
There are a few different ways to make money at a sportsbook. The most popular method, which also happens to be the hardest way, is picking winners.
However, it’s still possible to lose money even if most of your predictions are correct. Another way to make money at sportsbooks is arbitrage betting. This is essentially profiting by exploiting discrepancies in the odds that competing bookies post. Arbitrage betting guarantees a profit if you do it right. The biggest problem with arbitrage betting is that some online bookmakers will ban you if they suspect you are doing it.
That brings us to the topic at hand. No risk matched betting in India involves using the free bet bonuses and promotions that so many online bookmakers offer. When done correctly, no risk matched betting in India can be a profitable endeavour. It won’t take too long for a novice to grind out an impressive profit. Some pros claim to make tens of thousands of rupees or more each month by employing this strategy. No risk matched betting in India is perfectly legal and it’s easy to do once you learn the basic concepts.
Main Points Covered
- No risk matched betting in India guarantees a profit.
- Free bets are easy to find.
- You will need to sign up at multiple bookmakers.
- You need an account at a betting exchange.
- Minimum bookmaker deposits and small qualifying bets are usually required.
A Quick Intro to No Risk Matched Betting
Matched betting is a way of making money by using the free bets that so many online bookmakers offer through welcome bonuses and promotions. Those who engage in no risk matched betting in India are mathematically guaranteed to earn a profit. The only way you can lose is if you make some kind of silly and avoidable human error such as entering a wrong number on your bet slip.
Many people from all over the world have lined and continue to line their pockets with profits using this foolproof strategy. It’s worth noting that you will need to join several online bookmakers and qualify for their free bet bonuses. Unlocking free bets usually involves making a minimum deposit and placing a qualifying wager using your own money.
If you want to win money by no risk matched betting in India, you first need to find a few trustworthy bookmakers that offer free bet welcome bonuses or free bet promotions. Our comparisons will help you find them. If you are a newcomer to sports betting, our comparisons will show which bookmaker is the best for beginners in India. Even seasoned bettors can benefit if they are looking to upgrade their bookie or diversify their bookmaker portfolio.
Key Pointers to Help Win With No Risk Matched Betting
You should know a few key concepts behind no risk matched betting in India before you start. First, you must understand what “Back Betting” and “Lay Betting” are. Back betting is simply wagering on an event to occur. For instance, if you place a back bet with a bookmaker on the Chennai Super Kings to beat the Delhi Capitals, you are betting on Chennai to win the match. You are backing the bet. On the flip side, the bookmaker is now essentially betting on that outcome to not happen. In this case, the bookmaker is making a lay bet. The punter is the back bettor and the bookmaker is the lay bettor.
Let’s say your friend approaches you and proposes a coin toss for money. He insists the outcome will be heads and he’s willing to put 1,000 rupees on it. This is the back bet. He’s wagering on a certain outcome. By agreeing to the terms of the wager, you make a lay bet. You are betting that his predicted outcome won’t occur. Every wager requires two elements. A person needs to back the bet and another must lay the bet. Knowing how betting odds are calculated isn’t necessary, but it can be helpful.
Top Tip – Maximize Your Chances Using a Betting Exchange
Betting exchanges are like traditional sportsbooks in that they are both used to place sports bets. The difference is that you are wagering against the betting company, or the house when you use a bookmaker. If you win, the bookmaker pays you. Betting exchanges work differently. Instead of betting against a sportsbook, you are betting against other punters. Unlike sportsbooks, betting exchanges let you back bet or lay bet.
As we already explained, you can’t have a bet unless there is a back bettor and a lay bettor. If you want to back a bet, a betting exchange will match you up with punter or punters who want to lay the bet. The same idea applies if you want to lay a bet. Vigorish, juice, or whatever you want to call it is a commission that sportsbooks build into their odds. This is how bookmakers make money. Betting exchanges make their money by charging a small commission on winning bets. These commissions normally range between 2% and 5%. You should obviously use a betting exchange with the lowest commission so you can maximize your winnings. You need to open a betting exchange account if you want to be successful with no risk matched betting in India.
Top Rated Bookmakers in India Offering Free Bets
Free bets are easy to come by. Countless online sportsbooks have them up for grabs. Top-rated bookmakers such as Bet365, Paddy Power, Unibet, and Betway are some of the best free bet bookmakers. In addition to offering free bets in their welcome packages, many of these sites run ongoing weekly free bet promotions. This gives you a near-endless supply of free bets to conduct your no risk matched betting in India.
Remember to make use of our bookmaker comparisons. We only recommend bookmakers that meet our experts’ highest standards. You could take your chances and claim free bets at unlicensed sites with bad reputations, but there’s no guarantee they will pay you your hard-earned winnings. That’s the type of risk you want to avoid entirely.
Where to Quickly Find More Best Free Bet Bonuses
There is no shortage of reputable online bookmakers with free bet offers. You can use our bookmaker comparisons to find the best free bet bookmakers around. 888sport is one such bookmaker. If you open a new account and place a qualifying $10 bet or currency equivalent, 888sport will give you $30 worth of free bets. They are credited as three separate $10 free bets. Make sure you check the bonus terms and conditions to see if there are any restrictions on the types of bets you can use your free bets on. For instance, you might not be able to use your free bets on baseball matches. Maybe you can only wager moneylines, totals, and Asian handicap. What is Asian handicap? It is basically betting spreads.
So, you need to place that qualifying wager to unlock the free bets. Remember all of that back bet and lay bet stuff? It’s now time to put them to practical use. You are going to make your qualifying back bet at 888sports. You will then lay the bet using your own money at your betting exchange. Yes, betting against yourself sounds counter-intuitive and you can expect to incur a negligible loss, but it’s a necessary step toward a guaranteed profit. You are strongly advised to use OddsMonkey, OddsMatcher, or similar software that automatically finds you the best matched betting opportunities and how much you need to wager to make it work. You should find a game with fairly even two-way odds when you match bet the qualifier. This will minimize the qualifying loss.
Also, remember that most free bet bookmakers require qualifying bets to meet minimal odds. In 888sport’s case, your qualifying bet must have odds of at least 1.50. You probably won’t be able to use cash-out on your qualifying bet either. How does cash-out work? It lets you close your bet and guarantee a return before the game you wagered on is finished. It’s a great feature.
How to Best Use Your Free Bets for Risk Matched Wagering
Your bookmaker will credit your account with the free bets after you either place the qualifying wager or shortly after the bet is graded. Now it’s time to make up for that small qualifying loss and rake in your profits. Once again, use your match betting software to find the most profitable game to match bet. Use your free bet to place a back bet at your sportsbook, and then head over to the betting exchange and lay it. At this stage, you are guaranteed a profit no matter what the outcome is. Even if the original free bet stake is not included in the return. There are loads of matched betting guides that explain in-depth strategies and what ranges of odds are most profitable for back bets and lay bets. Don’t worry about the mathematical equations, the matched betting software does it all for you.
After you have used your first free bet, you need only repeat the process with the other ones. Refer to our comparisons to get your hands on more free bets and other perks at the best online bookmakers. You won’t have any trouble finding free bets for no risk matched betting in India because there are so many bookmakers that offer them.
Can I Use a Cash Bonus for no Risk Matched Betting
In theory, a cash welcome bonus could be used for no risk matched betting in India. However, it doesn’t often work when put into practice. The main reason is that cash bonuses usually require you to wager through the bonus amount multiple times. Unless you are clairvoyant, you are bound to take significant losses if you match bet. If you use our comparisons to find a bookmaker that offers a cash welcome bonus, you should use one of the many other strategies to turn your bonus cash into real cash. Of course, if you are successful and end up cashing out the bonus money, it will come in handy for laying bets at your betting exchange.
A Quick Look at Indian Gambling Rules
No risk matched betting in India is legal. That is provided you are of legal age and use a legal bookmaker. Offshore operators are allowed to offer their services to Indian residents as long as they let Indian punters use rupees to deposit and withdraw. As you may imagine, some free bet bookmakers aren’t fans of no risk matched betting in India or anywhere else. Some would go so far as to consider it “Bonus Abuse”.
If your bookmaker suspects you are actively matched betting with their free bets, you run the risk of having them restrict your account even though no risk matched betting in India breaks no laws. Don’t fret. This doesn’t happen too often. William Hill’s ex-media relations director, Graham Sharpe, publicly acknowledged that there is no illegal element to matched betting. He stressed that bettors are free to use their free bets however they see fit.
Enjoyed This? Check Out Our Other Strategy Guides
Are you a beginner who wants to learn the basics of sports betting? Are you an experienced bettor with a desire to implement a new betting strategy? Whatever the case, you are at the right place. Our experts share a wealth of knowledge that you can use to make yourself a more profitable sports bettor. They scour the internet to find you the best and most respected bookmakers on the planet. They also bring you the best bonuses. You can find an abundance of betting guides and strategies on the web, but you should always begin right here.
Conclusion – A Great Strategy in the Right Hands
It probably won’t make you rich, but no risk matched betting in India can put a nice chunk of change in your pockets. The concept is easy to grasp and the profits add up quickly. The amount of money you stand to make by no risk matched betting in India is well worth it when you consider how little time you need to invest. It only takes a minute or so to place matched bets if you have a bit of experience and the proper tools. Sure, you have to wait for your game to finish, but just think about how many more free bets you could turn into real cash during that time. Oh yes, the best things in life are free!
Your Top Questions About No Risk Matched Betting in India
✔️Is matched betting legal in India?
Before you start matched betting, it’s important to find out whether or not it is legal in your country. Many different regions have different rules on what forms of betting are allowed, so be sure to check before depositing any funds with a betting site. To find out whether matched betting is legal in India or not, be sure to read our latest guide here on Betastic IN.
❓ What is no risk matched betting for India?
No risk matched betting is a technique that makes the most of betting bonus offers from betting sites. While it is unlikely to make you tons of money, it can be a successful form of betting when done correctly. To find out more about no risk matched betting and how you can get started in India, make sure to read our detailed guide at Betastic.
🤔 Does no risk matched betting actually work?
Before trying out a new betting strategy, you’ll almost certainly want to make sure it works! Thankfully, you’ll find plenty of guides to help you along your way – such as our no risk matched betting guide here at Betastic IN. In our latest guide, we’ll give you the info on all the in’s and out’s of this popular betting strategy.
💻 Which betting sites allow no risk matched betting?
Before you dive straight into no risk matched betting, you’ll first need to know which betting sites allow users to pick up promotional offers. Without these, you won’t be able to try out any matched betting so it’s important to do your research. Our latest guide to no risk matched betting in India will tell you all you need to know about the betting sites that enable you to try matched betting, and whether or not it is legal.
❗ Are there any risks involved in matched betting?
While there will always be some degree of risk involved in online gambling, you certainly don’t want to increase this by diving headfirst into a new betting strategy. If you are new to matched betting, be sure to visit Betastic where we have a dedicated guide on how it works, and how you can make the most of it.