Bankroll Building using matched or Lay betting underpins the Betting Strategy as it allows you to build a betting bank that is independent of your private finances.
The Betting Strategy uses matched (Lay) betting, which is a commonly used and perfectly legitimate betting system to make a guaranteed profit from hundreds of special offers available from bookmakers.
Anyone can do it and many do, but to find and take full advantage of these offers takes a significant amount of time in research, analysis and betting knowledge in order to make a profit.
The key principle behind Matched Betting
The bookmakers make offers of free bets that amount to £000’s every month to attract new customers and it is these offers that we use. By placing the required bets to qualify for the offers and also ‘Laying off’ those bets (betting against) we ensure that no money is lost and we can then cash out on the free bets. As our strategy covers all outcomes it doesn’t matter which team wins or loses to guarantee a profit.
How matched betting works
To simplify the principle behind this method lets look at a tennis match between Federer and Murray – obviously there are only two outcomes – either Federer wins or he loses.
For the sake of this example we will assume the odds are the same if Federer wins or loses. So, if we bet £5 that he wins and also bet £5 that he loses then regardless of the outcome we will win one bet but lose the other and the net result will be £0 profit. We will neither win or lose any money.
Ok, big deal where’s the advantage in that I hear you ask?
Well, if we take advantage of a bookmaker offer such as Coral’s offer of bet £5 and get a £20 free bet then the example above (bet £5 for and against Federer) will have qualified us for a £20 free bet.
Now that we have that free bet we need to monetise it. We do this by simply repeating the above (bet for and against an event) but this time with the £20 free bet – in other words £20 (free bet) on Federer to win and also £20 on Federer to lose.
This time because we are betting with ‘free’ money, regardless of the outcome we will be in profit by £20.
And, that is a very much simplified explanation of what matched betting is.
The potential of this system
We have hundred’s of these type of bookmaker offers on our website worth well in excess of £3,000 and new ones are being added every week. So, hopefully I think you will be able to see the scope of this method. If you repeat the above example many times over with our other offers you will soon build up a substantial pot of free money.
In reality its not quite as simple as the above example, for instance in football there are three outcomes – win, lose and draw. Plus, the odds are different for every outcome and the odds vary between bookmakers so not all events are suitable to make a profit from. Further complication comes from the bookmakers whose offers differ in amounts on offer and processes needed to qualify! However, this is where we can help….
A Real Solution
Our Members area has an Oddsmatching tool that does all that for you, it scans all the bookmaker odds for every event and then presents the events best suited (matched bets) to profit from this method. Also, we have provided a matched betting calculator tool which works out exactly how much money needs to be placed on each side of the bet to maximise your profits. Plus, we also sort through all the offers and show you how to work through them to extract the profits.
In our Members area you will be able to find the offers available, see what to bet on, who to bet with, how much to deposit and how much profit you can expect from each offer.
All you need to do is follow our instructions:
- Select one of the many free bet offers in our members area.
- Find a matched bet using our oddsmatcher tool
- Open the bookmaker accounts as advised.
- Our matched betting calculator works out how much to deposit with each bookmaker.
- You place the bets.
- Wait for them to be settled.
- Confirm with the bookmaker you have received your free bet.
- Place your free bet and your counter bet.
- Wait for these bets to be settled.
- Collect your Profits!
- Move on to the next offer.
If it sounds complicated, don’t worry, we provide detailed easy to follow instructions for every step of the process.
The simple fact is that all you really need to do is follow our instructions to profit from this system.
All the tools and tutorials are available in our members area.
The next step
Go to ‘Your First Offer’ watch the videos and work through the Coral example.
We are here to help so if you have any questions please ask, use our contact us form and we will be happy to help.