Best Bookies for Matched Betting

Matched betting is a great way to make some extra money. By taking advantage of the offers that bookmakers put out, you can make guaranteed profits. But not all bookies are created equal. Some bookies offer better odds and more bonuses than others. So, which are the best bookies for matched betting?

What is Matched Betting?

Matched betting is a type of sports betting where you use bookmaker offers to guarantee a profit. You place two bets, one with a bookmaker and one against them (betting against the house). If both bets are successful, your overall profit is the sum of the stakes minus the bookmakers' commission.

Matched betting can be used to make a profit on any sports event, but is most commonly used when betting on football. There are many different offers available from bookmakers, and this article on matched betting helps you find the best ones.

An Example of how matched betting works (What is back bet and lay bet)

Essentially, you bet against yourself by backing both teams in a game to lose. This cancels out your risk and you end up with a profit, regardless of the outcome of the game.

There are a few different ways to do matched betting, but the basic principle is always the same. By signing up with one of the best bookies for matched betting, you can make sure that you're getting the best odds and bonuses available. This will give you the best chance of making a profit from matched betting.

It's important to understand the difference between a back and lay bet, as well as the implications it has on your potential winnings (or losses). When matched betting, you'll be using lay bets more often than not, so it's crucial that you're comfortable with them.

A back bet is when you place a bet on a team or horse to win a race. A lay bet is the opposite, where you're betting against something winning. So, for example, if you think Manchester United are going to lose their next game, you'd lay £20 on that outcome with bookmaker X. If Man Utd lose, you'd win £20 (since you're betting against them winning). If they win, you lose £20.

Our picks for the top 5 bookies for matched betting

·      Bet 365

Bet365 bookies are one of the most popular bookmakers in the world. They offer a great matched betting service, making them perfect for matched bettors. Their website is easy to use and they have a huge range of markets available. They also offer great bonuses and promotions, making them a favorite among matched bettors.

One of the best things about Bet 365 is its reloads. This is a special offer that they run which allows matched bettors to reload their account with bonus funds, giving them extra matched betting opportunities. This is a great way to increase your matched betting profits, and Bet 365 is one of the only bookmakers that offer this service.

Overall, Bet 365 is a great choice for matched bettors. Their website is easy to use, they have a huge range of markets available, and they offer great bonuses and reloads.

·      Paddy power

Paddy Power is one of the biggest bookmakers in the UK and they offer some great reload bonuses for matched bettors. This means that you can make some good profits by matched betting at Paddy Power, especially if you utilize their free bets. Be sure to keep an eye on their website for any new promotions, as they often offer generous matched betting bonuses.

Make sure you also check out their matched betting reloads page, which includes all of the latest matched betting reload offers from the biggest bookmakers in the UK. You can use these offers to increase your profits and make even more money from matched betting.

·     BoyleSports

BoyleSports is one of the best bookies for matched betting. They offer reloads and bonuses which make matched betting much easier. They are also a very reputable bookie, so you can be sure your money is safe with them.

·      Coral

Coral bookies are one of the most popular online bookmakers in the UK. They offer a great matched betting service, making them ideal for matched bettors. Their website is easy to use and their customer support is excellent. Coral also offers a great sign-up bonus, making them an attractive option for new matched bettors. Overall, Coral bookies are a great choice for matched bettors. They offer a great service, with excellent customer support and a wide range of markets and odds.

·      Betfred

Betfred is the best-known bookmaker in the UK. They offer a great range of markets and have an excellent customer service department. They offer a wide range of bonuses which can be used to make free bets and increase your profits. They also have a great range of markets, making matched betting easy and profitable. Betfred is one of the most reliable bookmakers around, so you can be sure that your bets are safe with them.

Pros and cons of using matched betting sites

There are a lot of matched betting sites available online, and it can be difficult to decide which one to use. Here are some pros and cons of using the most popular matched betting sites:

Pros:

- Many matched betting sites offer sign-up bonuses, which can give you free money to use for your bets.

- Most matched betting sites have user-friendly websites and mobile apps, making it easy to place bets.

- They offer a wide variety of betting markets, so you can find the best odds for your bet.

- Most matched betting sites offer customer support in case you have any questions or problems.

- The sites are easy to use and have comprehensive tutorials to help you get started.

- There is a large community of matched bettors who are happy to share tips and advice.

Cons:

- Some matched betting sites have withdrawal limits, which can limit how much money you can withdraw at a time.

- They may charge fees for withdrawing your money or depositing it into your account.

Frequently asked questions and answers on Matched Betting

Is Matched betting still profitable?

There is no doubt that matched betting can be a profitable way to make money. Because the bookies are getting smarter and cracking down on matched bettors. However, there are still plenty of ways to make money through matched betting, so it is still a very profitable venture.

Can you lose money match betting?

Matched betting can be a great way to make some extra money, but it’s important to remember that you can lose money if you’re not careful. Make sure you do your research and take advantage of the free bets and bonuses available to you, and always bet within your means.

Is matched betting illegal?

Matched betting is a completely legal way to make money. Just be sure to use a reputable bookie, like the ones listed above, to make sure that you're getting the best odds and that you're safe from any scams.

Can you do matched betting with multiple accounts?

It's possible to do matched betting with multiple accounts, but it's not advisable. By using multiple accounts, you're increasing your chances of making a mistake and losing money. It's much safer to use just one account for matched betting. That way, you'll know exactly what's going on and you'll be less likely to make any mistakes.

If you're still keen to use multiple accounts for matched betting, make sure you keep a close eye on all your bets and always double-check your calculations. This is definitely an advanced technique and it's not for beginners! If you're not confident about using multiple accounts, it's best to stick to just one account.

What are the risks of matched betting?

Matched betting can be a very risky proposition if you don’t know what you are doing. There are a few things to watch out for when matched betting, including the following:

- Make sure that the bookies you are using offer good value odds. If the odds are too low, you won’t make any money from matched betting.

- Not using a matched betting calculator to work out your bets. This is essential if you want to make money from matched betting.

- Make sure that you have enough money in your account to cover both your back and lay bets. If you run out of money, you could lose a lot of cash.

- Not checking the terms and conditions of the bookies you are using. Some bookies have restrictions on what types of bets you can place, and if you don’t follow their rules, you could end up losing money.

These are just a few of the risks associated with matched betting. Make sure that you understand all of the risks before you start matched betting, and only bet what you can afford to lose.