A number of years ago when I was on the Client Care phone lines having daily conversations with our members, I always remember the conversation I had with one of our members who was a financial specialist in the banking industry and somewhat new to investing in the sports markets.
We talked on numerous topics during that hour, among which was the latest sport tips and matched betting. When I gave him the 30K foot view of matched betting, he at first was a little suspicious. I mean who wouldn’t….using free money to beat the bookies on the World Cup. As he bluntly said, “It sounded way too good to be true, especially with the claim it was risk-free”.
For those new to the matched betting…
Matched betting (also known as back or lay bet matching, or double betting) is a betting technique used by individuals to profit from the free bets and incentives offered by bookmakers.
I too am not much of a believer in schemes that purport to be risk free, so I approached the idea from both the good and the bad, and acknowledged is skepticism was typical.
But, to his shock, the introductory bet offers I showed him from the online sports books were plenty and impressive! Having taken about 25 myself, I’ve in fact made about a few hundred pounds. And the added bonus, is that it was made tax-free, and without risk. In the end, it isn’t about gambling. It’s taking advantage of offers to give you an edge over the rest, or a ‘try before you buy’ model to experience the service. Somewhat like free football tips that expert tipsters offer…but unique in its own way. Read more