What is Matched Betting (and how to make money)

Are you ready to discover the secret to transforming sports betting into a safe and risk-free source of income?

Then you can’t miss this article on Matched Betting, a revolutionary method that has changed the rules of the game and allows you to make money 100% of the time.

Let’s go understand in detail how it works, how it is possible to make sure money from betting, and which sites to use to get started.

For the examples you’ll find in here, I used NinjaBet (which is the most popular).

I’m subscribed to it and I’m finding it really well.

How can we be sure of making money with matched betting?

What is the only way to bet and have a 100% chance of winning?

That’s right, betting on all possible outcomes.

If in fact I want to do Matched Betting on an Italy game, I will have to bet either that Italy wins or Italy does NOT win (draw or lose).

The bet on the event is called “Back Bet” while the bet against the event is called “Lay Bet”.

To do this I have to use a betting site to bet and an exchange to bank (betfair).

We avoid delving into the exchange and its workings, as you will find a more than comprehensive guide at Ninjabet.com.

What we must have understood so far is that we will ALWAYS have to bet twice (for and against).

Obviously by forgetting a bet or getting one of the two schedules wrong, our profits will be at serious risk.

At this point one thing is certain: if I bet for and against the event, necessarily I cannot make a profit, or else the brokers would fail the next day.

Let's see how to earn money with matched betting
Now let’s see how to earn money!

The Matched Betting takes an additional step that we are now going to look at in detail, going to take advantage of the welcome bonuses of brokers that are real money given away.

If things are still not clear to you, don’t worry. When you get into the perspective everything will make sense and be easy and straightforward.

How Matched Betting Works

Those who frequent or have frequented betting sites know that there are welcome bonuses that we will receive upon signing up, after meeting certain requirements.

It is precisely on those that we are going to gain.

The system functions in two steps.

First we place a bet to unlock the bonus (using money paid by us), then with the bonus amount we place another bet that will earn us money.

I give the example with the first guide that you can find for free on NinjaBet (for subsequent ones you need to subscribe).

Guide to Matched Betting free bonus
Guide to Matched Betting free bonus

We sign up for Draftkings and receive 150 $ bonus to bet on an event at minimum odds of 2 (the lower the odds, the more likely the event will happen).

At this point you may be wondering, “But how do you find the right matches to bet on?”

Needless to say, there is a calculator on Ninjabet that tells you exactly which game to bet on so you can maximize your winnings.

Now things are getting complex

Let’s start with an assumption that we have already said: If I play for and against an event, I can never make money (otherwise it would be too easy).

In fact, all the bets I will make with the money I deposit will have a negative total at the end (of just under one euro, because the calculator optimizes those as well).

The trick is to minimize losses in the bet that unlocks us the bonus and maximize profits when using the money given away by the broker.

In the example of the bet on Draftkings, in fact, we bet 5$, bank the amount the calculator tells us and we will see that our loss will be 0.XX $..

Below is an example from one of Ninjabet’s guides. The first bet will bring a loss (limited, in this case 0.12$).

First Bet using Matched Betting
Matched Betting’s first bet is at loss

All of this, however, we need to unlock the 150 $ bonus, which we can withdraw only after wagering it.

In fact, once we go to redo (on another game) the same bet-banked game we will use money that is not ours.

Again, therefore, we will incur a theoretical loss of 0.XX $.

But since the initial capital (150 $) was not ours but was given away, we will actually have a profit that corresponds to 150$-the loss.

Obviously we will have the gain either on the bookmaker’s site (in this case Draftkings) or on the exchange site (BetFair), on the other side we will have a loss.

Matched betting works and makes money

At this point, without putting any more meat on the fire, we can say that Matched Betting works by betting for and against an event and makes us money through unlocking the bonuses of the bookmakers.

There is no trick or scam, you smartly exploit the workings of brokers’ system.

Of course, once we run out of welcome bonuses, we can always use the recurring bonuses that the various sites make available throughout the year.

Again, you will be updated instantly within the Telegram group of Ninjabet.

Obviously, for those starting out the earnings will be much greater because the welcome bonuses are more substantial.

In the long run, instead, the average winnings claimed are around $ 300-500 per month.

The shortcomings of Matched Betting

Up to this point I have told you everything that I understood in the early days and that prompted me to enter this world.

I tell you that I am still convinced because the system is solid and is well managed.

$ 300 a month is not refused especially when we are interested in supplementing our salary and want to invest about half an hour a day, not even every day.

Not all that glitters, however, and to be honest I knew there were cons to this earning methodology.

Let’s say that now I have realized how many and what the flaws are and I have realized why it is not as widespread as a practice and why it really can be profitable.

In fact, if it were a something doable by everyone at zero cost of both money and time, I would be very guarded to see why everyone wasn’t doing it or it wasn’t being debated around so much.

Let’s go through all the nasty surprises related to this method that I have encountered so far.

The shortcomings of Matched Betting are:

  • Need money to get started
  • We must be new users
  • Requires time to get started
  • Ninjabet Premium is a paid plan
  • Many payment methods required
  • Registration and ID
  • It requires a lot of attention
  • It’s not a game of chance

Need money to get started

To sign up with any bookmaker and unlock bonuses, we need our own money to deposit.

I in the first few weeks had deposited on 2 bookmakers and 1 exchange 111 $ in total and had immediately earned 22 $.

Clearly, in order to unlock higher bonuses, high payouts are required. However, this will be indicated in the related guide that you will need to follow.

We can see how you simply arrive at having to deposit 400 $ on betting sites, but there are bonuses that require up to 4,000 $.

Of course it is money we will not lose (respecting the method) but it may discourage many people at first.

We have to register for the first time

In case we signed up for some sites years ago, we will have to renounce the welcome bonus.

In fact, it applies only to first-time registrants, but we will be able to register someone trustworthy, such as parents or wife to overcome this hurdle.

Or we can limit ourselves to recurring bonuses, although they are very limited.

Requires time to get started

When you start out you immediately want to earn lot of money.

Instead in this case we have to wait for the right matches, play them the right way, and above all wait for each individual bookmaker to verify our identity.

So we will have to operate steadily and without being in any hurry.

Ninjabet premium is a paid plan

To get access to all the latest information, you need to subscribe to NinjaBet Premium. I declare to you that to try it, I did.

It costs 29.99 $ per month, but by using it the minimum union you will make back this investment and soon go into profit. Try the first bonus and you’ll see how well it works!

Many payment methods

Some sites accept PayPal, some accept wire transfer, some accept credit card…Some sites accept PayPal, some accept wire transfer, some accept credit card…

In short, in order to go easy I recommend that you get hold of as many payment methods as possible.

Obviously keep track of how much money you reload and where it comes from, otherwise you risk making a mess and finding yourself with sums of money where you didn’t think you would.

I didn’t do any of that at first and had totally lost track of what money I had deposited where.

So I recommend that you keep track at each operation.

Registration and ID

Crucial to have a digital version of your ID card, which you will need to upload with each registration.

Prepare 3 files: one that contains front and back, one that contains only front and one that contains only back, since the upload method varies from operator to operator.

I am already anticipating that some bookmakers have a rather outdated registration phase with a user experience of 0..

This added difficulty ensures that we discourage even more people from practicing Matched Betting properly and relegate it to the “few people” methods of earning money.

Be very careful

There is a definite method to follow, and we must do it correctly and always be careful what to do.

Betting in the two sites on the same outcome instead of the two opposites can cause us to lose everything.

Betting at different times can also ruin everything, as the odds are constantly changing and even waiting a few minutes can invalidate the suggestions the calculator has given us. Bet on both platforms a few seconds apart.

It is not gambling

One of the most dangerous things you can do is lose your mind and start gambling.

The beauty of the method is that we have to follow steps, and we will arrive at an accurate and predictable result.

By indulging in the “Imagine if Inter loses, I’ll throw 10 $ in there,” we could soon take out all the money earned in the previous months.

Pros of matched betting

The advantages of this earning mode are few–but they are really important!

The main merits of Matched Betting are:

  • It works and it’s easy

Funziona ed è facile

Operation is easy, you have to find the right game, follow the instructions and bet. That’s it. Nothing can go wrong and you will make money 100% of the time.

Actually there can only be one problem, that a game is suspended. In this case everything gets complicated, but it is something that really rarely happens in soccer.

How to really make money with Matched Betting in 2023

We have seen that thanks to the welcome bonuses we can earn a few thousands by taking advantage of them all… but sooner or later they will run out.

So how is it possible to have a consistent and predictable 2-3000$ per month income? The answer is simple, you have to use other identities.

If you want to make money with matched betting, be prepared to buy identities and make new accounts all the time
Did you know this?

If you hear someone bragging about making money com Matched Betting, know that 100% they are doing this.

Buy identities and use them to unlock all welcome bonuses. When he runs out of them, he buys more.

There is no alternative to this.

What is even more complex is that now the brokers have evolved and are monitoring the access of all accounts. So if you register with 3 different people from your home, you will definitely get caught.

You will have to install a VPN to continually change the IP and make the system believe that you are connecting from elsewhere in Italy. And clearly you must have payment methods in the name of the user in question.

Finally, I know firsthand guys who do this and make $3,000 a month with Matched Betting, but they devote almost the whole day to it.

But it is an activity that in the long run becomes mentally demanding, you have to do it to realize what I am saying.

Concluding

I am very happy to have discovered this method, I am happy that it works and that it earns attractive amounts of money.

ALso, very important, and that it is difficult enough to discourage most people.

My advice is to try using Ninjabet, but there are also other portals (which I have not tried yet).

If anything is not clear to you, let me know in the comments or by email at info@diventeromilionario.it.

Disclaimer

This article is only informational and NOT for professional or educational purposes. The topics covered must not be understood as financial advice.

Do not sell or purchase of the financial securities covered.

You must always think with your own head and act only if you understand what you are doing. If not, better stay still.

In any case, only invest capital that you are willing to lose, because that is what could happen!

The author and the website disclaim all responsibility for any action taken or not taken based on the content of this article.

Disclaimer

This article is only informational and NOT for professional or educational purposes. The topics covered must not be understood as financial advice.

Do not sell or purchase of the financial securities covered.

You must always think with your own head and act only if you understand what you are doing. If not, better stay still.

In any case, only invest capital that you are willing to lose, because that is what could happen!

The author and the website disclaim all responsibility for any action taken or not taken based on the content of this article.

Sezione FAQ

How does Matched Betting work?

Matched Betting has you betting for and against an event and making money from the bonuses brokers give you.

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