There are two possible outcomes, heads or tails, with an equal chance of each happening. Let’s consider that a bookmaker is running a promotion where you get a free £10 bet if you place a bet of £10 on any event.įor simplicity, the event I’ll use in this example is a coin toss. It’s about using simple maths (no manual calculations needed!) to make a consistent profit from each offer you claim. I’ll emphasise now that matched betting is not about taking risks or punts. My ‘ What is Matched Betting?‘ overview answers some common questions about matched betting if you’re entirely new to the idea. Once you have your free bet, you repeat the process to make a fixed profit. Matched betting is the process of covering all outcomes of an event to qualify for free bets and bonuses for next to nothing.
Once complete, you’ll be able to apply the same process to any similar offer and make a profit no matter the outcome, so it’s well worth the rewards at the end! Without further ado, let’s get going.
There’s no rush to complete this guide, and I recommend taking the time to fully understand each part. In this guide, I’ll briefly explain what matched betting is, how it works, and walk you through making a £15 profit from Coral’s new customer offer, step by step.
