Also known as the risk-free betting method, no-risk matched betting is where you use bookmakers’ free bets, bonuses and additional promotions to make a profit. Most betting sites offer promotions and special offers, particularly to new customers. These promotions usually come in the form of a free bet after you’ve placed your first bet, to encourage first-time gamblers. You can capitalise on this by placing your free bet and cancelling out the risk by betting against yourself, at the same odds, on a different betting site.
Most failed no-risk betting comes down to human error other than the method itself, so it’s essential to familiarise yourself with the processes of lay betting and back betting.
Always remember to check the terms and conditions of each promotion, as some offers have high withdrawal regulations. Bear in mind that betting can become very addictive, and matched betting can act as a gateway to full risk betting. Only ever risk what you can afford to lose.