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Matched betting (also known as back or lay bet matching, arb betting, or double betting) is a betting technique used by individuals to profit from the free bets and incentives offered by bookmakers. It is generally considered a risk-free bet as it is based on the application of a mathematical equation rather than chance. A typical return for a matched bet where the stake is returned is 85%+ of the free bet offer amount, and 70%+ where the stake is not returned. Most free bets are stake not returned.
Matched betting, or double betting, is a method of profiting by pitting two different bookmakers with varying odds against each other while betting on both teams. By using this system you can wager on an event with no risk of losing. The act of match betting is considered by experts to be a risk free form of gambling if done properly.
Matched betting is a system using bookmaker incentives to bet on both outcomes of a wager. Because the bookie gives money to “bet match” as a sign-up bonus, you cannot lose and are guaranteed to win. Matched betting is generally considered safe and not a risk if done properly. It is also called lay bet matching or double betting technique.
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