Instead, they use mathematic equations to determine how much you’ll win from a lay and back bet. How is Matched Betting Risk-Free?Ĭompared to a standard moneyline bet, matched bets don’t rely on chance. No matter who wins the match, you’ll either win your back or lay bet. After placing a bet with your own money, you’ll activate a free bet which you can use to then place a lay bet against your original back bet. This is where free incentive bets come into play.

Lay bets are normally placed on an exchange where punters can play the role of a bookmaker by setting binary odds against their own back bets.

Lay betting is essentially betting against your own bet as well as everyone with the same bet, e.g., “Team A will not win the event”.

Back betting is essentially just betting for a team to win, e.g., “Team A wins the event”.

Matched betting involves placing two separate bets-first a back bet, then a lay bet. No-risk matched betting is just one of the strategies you can use to maximize these incentives and score guaranteed wins.

One of the main appeals of online sports betting is that sportsbooks offer sign-up bonuses, free bets, and other incentives that keep punters coming back for more. 8.1 See our Top Offshore Sportsbooks List HERE What is No-Risk Matched Betting?

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