Everything About Matched Betting
In this modern time, we frequently hear of the term matched betting. Truth is, it is sometimes referred to as intelligent betting in some betting circles. The whole notion of this form of betting involves laying a bet as a bookmaker and placing a bet as a punter. All thanks to the various betting exchanges of today, this thing has become possible. This form of betting can eliminate the element of luck to some extent and can even get no risk returns assuming that it is used correctly.
The whole idea for matched betting is like: placing a bet at the bookies and back your desired results at particular odds. As an example, you may be betting on one team to beat the other. If your pick has won the game, you’ll win your stakes back otherwise, you will lose your stakes to the bookie. The question is, what you would do if you’re given the chance to do both at the same time wherein you could lay a bet as a bookmaker and offered with the same odds to someone for your team?
Fact is, this is what you would get with matched betting. This follows the concept of whatever you lose or win is cancelled out always by whatever you lose or win both as a bookmaker and a punter. Still, you have to keep in mind of some things when you are dealing with matched betting despite the fact that this seems too good to be true. But if you like to enjoy better odds, it is ideal to use a matched betting calculator.
Such calculator is crucial to calculate the exact amount of stakes that must be laid in the betting exchange. You will be able to decrease your profits in the long run when putting two equal stakes in exchange and bookmaker. Everything will turn out fine even if you lose at bookmaker but win at exchange as you lose and win the same stake amount if you put same stakes in exchange as in bookies.
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But, if your bookie bet has won, then you are going to lose more at the exchange due to higher odds as well as commission from winning bets. By making use of matched betting calculator, it is possible to divide loses or profit quickly. You will find many different calculators in the web but most of them functions the same. You have to fill some fields like back stake or the amount of stake that you put in the bookmaker, back odds or odds offered by bookmaker, lay odds or simply the offered odds by betting exchange. In addition to that, you’ll have to choose among free bets (S R), qualifier and free bets (S NR).Getting Down To Basics with Tips