Is there such thing as low risk football betting? Although many gambling brands advertise it aggressively, it can get pretty confusing to understand this concept. Many a times, these brands advertise bets as being completely devoid of risk. But is that really possible?! Let’s find out.
This phenomenon of low-risk betting isn’t limited to sports alone; over a period of time, many people have tried to lure innocent investors with low-risk schemes, promising amazing returns. So, it’s all right to have a bit of scepticism if anyone tells you that such low risk sports betting, with guaranteed profits is indeed possible! For instance, many punters actively indulge in 888 Sport betting and make guaranteed profits for themselves from all kinds of sports events.
More on low-risk betting
Let’s get straight to the point. The only and only way to indulge in low-risk betting is by using a method called matched betting. It’s important to learn a bit about gambling activity in general, before getting into the nuances of matched betting. Bookmakers are in the business of providing seemingly easy money opportunities to punters. However, no matter what kind of free bet promotions they run, there’s no free money in sports betting industry that runs into billions of dollars. And that’s where the concept of matched bets comes to the rescue. It’s a concept that can help you extract maximum value from free bets, enabling you to build your bankroll over a period of time.
Carry out some research on the Internet and you’d come across hundreds of such free bet offers. If you bet strategically, you can make huge sums of money using such free bets (that are tax-free too). What’s even more interesting is that the fun doesn’t stop there; even after you’ve juiced out these free bets entirely bookmakers often provide reload offers or repeat free bets to their loyal customers. Anyone having good knowledge of matched betting can take advantage of such offers and win even more.
How matched betting works?
Matched betting is something that you can easily learn and master in quick time and with minimum effort. Let’s tell you a bit about its basics. Whenever you sign up with an online bookmaker, you’re required to make a certain deposit with them. Let’s assume this deposit is £10. Now, you use that £10 to place a bet, and also get a £10 worth free bet along with it. You are required to risk your initial deposit amount to get that free £10.
How matched betting works is that it makes you lay that bet on a betting exchange. As a result, if the team you had backed goes on to win, you’d get the corresponding winnings in your account with the bookmaker. In case it loses, you’d get the corresponding winning amount in your account with the betting exchange. On the whole, you might lose only around 50p in the entire process.
Now let’s tell you where the real magic happens! The bookmaker had given you a free of cost £10 bet (here’s more on how free bets can help you score huge returns). If you had placed that amount on a bet at odds of 2.0, and won, you’d have received £20 in your bookmaker account. Laying that £ 10 bet at some betting exchange would win you £10 (in your account at the exchange) minus a tiny commission. Either way, you’d end up making a profit! Now think what could be done with thousands of such bookmaker offers!