No Risk Matched Betting: How it Works and How to Get Started

A group of three friends laughing and betting on a football game
No Risk Matched Betting: How it Works and How to Get Started
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If you've heard of "matched betting" but aren't quite sure how it works, you're in the right place. No-risk matched betting is a method that lets you unlock bonuses and free bets offered by online sportsbooks and casinos and turn them into real money.

And the best bit? There's zero gambling involved and you won't be risking any of your hard-earned money. In fact, matched betting is such a universal way to make money online that it's quickly becoming America's favorite side hustle!

So, let's dive straight in to explain a bit more about how matched betting works and how you can get started today.

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Contents

  1. What is no risk matched betting?
  2. The benefits of no risk matched betting
  3. The risk-free nature of matched betting
  4. How does no risk matched betting work?
  5. Common misconceptions about matched betting
  6. Getting started with matched betting

 

1. What is No Risk Matched Betting?

Matched betting is the latest side hustle to hit the US. It’s a revolutionary betting strategy that allows individuals to make money from betting on sports without any risk involved. That’s right…  

Unlike traditional gambling, where you rely on luck, matched betting involves placing bets to cover every outcome of a sporting event in order to qualify for a free bet, risk-free. The process is then repeated, using that free bet to lock in a guaranteed profit. matched betting overview asset

It's a method that has gained popularity throughout the UK and across Europe due to its profit-potential and low-risk nature. In the US, it is also sometimes referred to as Dutching (due to the Dutching process itself playing a key part in matched betting).

Read More:  How Does Matched Betting Work?

 

2. The Benefits of No Risk Matched Betting

One of the best things about matched betting is that you don't need any prior sports knowledge. Seriously, it doesn't matter if touchdowns leave you tuned out. Or a game-changing slam dunk puts you in a funk. Anyone can do matched betting.

Matched betting can be done from anywhere you have an internet connection. Your second income could come from the comfort of your own home.

It can also be done whenever you have spare time. It’s flexible enough to fit into your routine, which is probably what makes it such a popular side hustle.

You don’t have to have loads of money to start. Instead, you can start with a relatively small amount and gradually increase your bets as you gain more experience and confidence. Effective bankroll management will let you maximize your profits and minimize any potential losses.

 

3. The Risk-Free Nature of Matched Betting

So how exactly is matched betting risk-free? Yes, it has “betting” in the title, but this is not gambling. And it doesn’t come with the risks associated with traditional betting.

By understanding the concept of placing multiple bets on the same event, you can ensure that you never lose a bet. Bets are placed on both potential outcomes in a carefully calculated way, so you can guarantee yourself a return, regardless of the outcome of the event.

Furthermore, bookmakers offer free bet promotions, which can be utilized in matched betting. By using these offers strategically, you can lock in profits and eliminate any chance of losing your initial stake. It's a foolproof method that provides a reliable way to make money online*.

 

4. How Does No Risk Matched Betting Work?

No risk matched betting is an incredible strategy that allows you to make extra money online with absolutely no risk. It may sound too good to be true, but it’s not. It's legit and it works!

So how exactly does it work? Well, it all starts with the free bets and promotional offers given out by online sportsbooks and online casinos. These offers are used to attract new customers and keep them engaged. But with matched betting, we can take advantage of them and turn them into profit!

Here's how:

02. How does matched betting work section

  1. Sign Up: Register for a sportsbook that offers a promo offer (e.g. a free bet).

  2. Place a Qualifying Bet (AKA a Back Bet): Place a bet on a sports team to win a game to unlock the free bet.

  3. Place a Hedge Bet (AKA a Lay Bet): Now wager a bet on the opposing team to win the game (you've now covered all outcomes of the event and unlocked your free bet risk-free).

  4. Repeat the Process: Once the game has concluded and you have received your free bet, repeat steps 2 and 3 on a different game, using your free bet for one team.

  5. Withdraw Your Winnings: Once the game has finished, you'll be credited with your risk-free winnings on your sportsbook account.

But how is that possible? Well, when you use the free bet offered by the bookmaker, you're essentially using their money. So even if you lose the bet with the first sportsbook, you haven't lost anything because it wasn't your money in the first place. And when you win at the second sportsbook, you get to keep the profit.

The key to making money with no risk matched betting is finding the right bets and using the right strategies. That's where a reputable matched betting service like ProfitDuel comes in. They will provide you with all the information and tools you need to make successful bets and maximize your profits.

Read More: Sports Betting Terms - Top 150 Words & Phrases

 

5. Common Misconceptions About Matched Betting

Now that we know a bit more about matched betting, it’s time to debunk some other common misconceptions.


Matched betting is gambling

Contrary to popular belief, matched betting is not gambling. Instead, it’s a skill-based betting strategy that involves careful calculations and analysis. With the right approach, you can make consistent profits, regardless of the outcome of your wager.


You have to be a betting expert

Another misconception is that matched betting is only something that experienced bettors can do. This couldn't be further from the truth. Anyone can learn how to do matched betting. With the right support and resources, even beginners can make money online as soon as they understand how the process works.


You have to be interested in sports

As well as not needing to have any prior betting experience, you also don’t have to be a sports nut to do matched betting. Anyone can learn and apply the matched betting process, regardless of their (dis)interest in sports. It literally doesn’t matter who or what you bet on.


Matched betting is time-consuming

Not at all. While matched betting might seem pretty complicated, the process is actually quite straightforward. And once you understand how it works, you can smash through offers whenever you want. So, whilst it may seem like matched betting requires a lot of time, with the right resources and guidance, it can be done efficiently with minimal time investment.

One of the biggest advantages of no risk matched betting is that it is flexible. You can do it in your spare time or whenever it suits you. Whether you have a few hours a week or just a few minutes a day. Just check out three of of our beginner offers, they can earn you a guaranteed $350 with just an hour's work. 

Matched betting promo offers


It’s really risky

Not true. That’s why matched betting is often called “no-risk matched betting”. Unlike traditional gambling, the usual risks are eliminated because you’re not relying on luck with this method. Instead, you use mathematical calculations and opposing bets to cover all potential outcomes. This means that no matter the outcome, you will always end up with a profit. It's a win-win situation.

As with most things, there is a small chance of human error. However, if you take your time, check your bets and be aware of the so-called "risks" with matched betting


Matched betting is expensive

No. Matched betting works on any budget. Obviously, if you start with a larger bankroll you can place bigger bets for bigger profits but this isn’t essential. You can start matched betting with a relatively small bankroll. Then, you can gradually build your bankroll as you continue to profit from the offers.


Is no risk matched betting legal?

Yes! No-risk matched betting is absolutely legal! In fact, it's a fantastic way to make some extra money online without breaking any laws. If you live in New Jersey, New York, Pennsylvania, Ohio or another state which allows online gambling, then you can 100% do matched betting.

In the United States, online gambling is regulated differently state by state. As long as you follow the terms and conditions set by the sportsbook and stay within the legal boundaries of your state, you have nothing to worry about. No risk matched betting is considered a legitimate way to make money.


Is matched betting worth the effort?

Absolutely! No risk matched betting is a great way to make extra money online. It’s a tried and tested method that has been proven to work. Thousands of people across the world have made thousands of dollars using this strategy.

In fact, many individuals have successfully turned no-risk matched betting into a flexible side hustle, earning a substantial income from the comfort of their own homes. It's a brilliant way to make some extra cash, whether you're a student, a stay-at-home parent, or simply looking for a way to supplement your main income.

Check out some of our customer stories to see just how successful matched betting can be.

 

6. Getting Started with Matched Betting

Now you know a bit more about how matched betting works, it’s time to look at how you can get started.

One of the most important things is finding reliable matched betting resources. ProfitDuel is a full online matched betting service that provides step-by-step instructions, the latest sportsbook offers and dedicated software.

There are loads of benefits to using a website like ProfitDuel. The main one is that it can make the matched betting process easier to follow and save you time.

Matched betting with ProfitDuel

ProfitDuel is America's first matched betting service. After helping thousands of people across the UK and Europe earn money with this awesome online side hustle, we decided to bring things Stateside.

We took all the best bits from our UK sister site, OddsMonkey and created ProfitDuel. A dedicated US platform which brings you the best promo offers available. And shows you exactly how to turn them into real cash.

Matched betting ProfitDuel stats

Calculating bets, finding offers and choosing odds can be time-consuming and complicated but with ProfitDuel we’ve made things simple. ProfitDuel walks you through the matched betting process with world-class software, amazing customer support and easy-to-follow guides.

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Tips for matched betting with ProfitDuel: getting started

  1. Build your bankroll for long-term success. Start with a small amount of money and increase your bets as you gain more experience. Effective bankroll management means you can maximize profits and minimize any potential losses*.

  2. Take time to learn the process. Make sure you fully understand how matched betting works before you start. In no-risk matched betting, you place multiple bets to cover all potential outcomes of an event to guarantee a profit.

  3. Keep track of your bets. Analyze results to see where your profits are coming from. ProfitDuel’s profit tracker plugs into all of our software, letting you add new entries with just one click and keep an eye on your daily, monthly, and all-time profits.

  4. Stay organized. Matched betting involves multiple bets, promotional offers and online sportsbooks. Organization is key. Use a digital note-taking app to store important documents, login details, and promotional codes.

  5. Be patient and persistent. Matched betting is not a get-rich-quick scheme. It takes time, effort and patience to see consistent profits. Spend some time each day or a few times a week to place your matched bets. You’ll soon see the profits add up.

  6. Enjoy the process. Matched betting can be an exciting way to make money online. It’s a fantastic, flexible side hustle, as long as you enjoy the process. Every matched bet you place is an opportunity to make a profit and improve your skills.

So, if you're looking for a risk-free way to make money online, look no further than no risk matched betting.

With its countless benefits, accessible approach and risk-free nature, matched betting is an awesome side hustle that can sit alongside your main income source. Start your ProfitDuel free trial today and get earning right away.

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*DISCLAIMER: We're legally required to state that there is no guarantee of specific results each month. The amount of money that you earn can vary dependant on the time and effort that you commit each month.
 
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