Is Matched Betting Legal?Īlthough it may sound as if you’re rigging the system to rake in more money from free online sports bets, matched betting is completely legal within the United States.Īfter repealing the Professional and Amateur Sports Protection Act, it fell to individual states to decide whether they would or wouldn’t legalize sports betting.Īs of 2021, more than a dozen states around the nation have legalized some form of online sports betting: Many bookmakers use free bets as a sign-up incentive so keep your eyes open for sportsbooks that guarantee frequent perks for existing members. However, before you try matched betting, you’ll need to find a sportsbook that offers regular incentives. You can then take that profit and grow it up to the limits of your free bets by repeating the process of matched betting. If your stake is returned, you can expect to earn back 85% or more of your free bet.Įven if the stakes are not returned, you’ll still likely walk away with around 70% of your free bet.įor example, if a sportsbook is offering $100 free bets, you can expect to walk away with at least $70 of that free bet as profit.Īs long as the odds are correct, you’ll minimize your risk and boost your overall profit from sports betting. 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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