It might seem complicated at first glance, but we assure you it’s not. By following all the steps indicated in our guides and tutorials, you will be on your way to earning an additional monthly income as promised! 😉
What Exactly is Matched Betting?
Matched Betting is a mathematical strategy that enables anybody to make guaranteed, risk-free money online. It works by converting the free bonuses offered by betting websites into real money. It is worth noting that Matched Betting is not gambling, but a legal technique for earning an extra income from home.
In order to attract more customers, many betting platforms (like DraftKings or WynnBet) offer, so-called, Bonuses to their prospective and current users. But since these bonuses cannot be withdrawn without first being wagered, we employ the techniques of matched betting to convert them into real money, without taking any risks and without gambling. We achieve this by placing two opposite bets:
- A bet using the bonus: Here we bet on an outcome to happen. For example, a bet on LA Lakers to Win the match.
- A bet using real money: Here we bet on the opposite of the previous result, in other words, for an outcome not to happen. For example, a bet on the LA Lakers Not to Win the match.
By placing these 2 bets we cover every possible outcome, rendering the actual result of the match irrelevant. At this point, it doesn’t matter whether the LA Lakers win or lose that match, because as a result, neither we will win nor lose the money we placed on the 2 bets. What we have done, however, is met the conditions of the bookmaker (i.e., placing a bet) and have converted the Bonus given to us into real money. We can now withdraw this profit.
How is Our Platform Structured?
Our website is organized into 3 main sections:
- Guides: where you will learn how the different strategies of Matched Betting work.
- Bonus: where you will find all the bonuses organized into 3 categories:
- Welcome Offers: These are the bonuses offered upon initial registration on a betting website. You will start from here and follow the order from top to bottom.
- Recurring Offers: Here you will find all the bonuses for customers who are already registered with a betting site. These offers usually have an expiration date and are updated daily by our team. Go to this category only when you have completed most of the Welcome Offers.
- Casino Offers: Here you will find the bonuses related to Casino games only.
- Tools: where you will find all the instruments needed to do Matched Betting:
- Dutcher: a software that automatically compares the odds of all betting sites and allows you to maximize your profits in a timely and organized manner.
- Calculator: will show you how much you have to bet and how much you are going to earn in advance.
- Profit Tracker: helps you to stay organized by keeping track of all your bets and earnings.
Basic Concepts
BACK BET: This is the classic bet that you are probably familiar with. It consists in betting on a specific outcome; in other words, putting your money on something to happen. For example, if you bet $100 at odds of +110 for the LA Lakers to win the match, the possible outcomes will be the following:
- The Lakers win the match: in which case you will earn the amount indicated by the odds. In our example, that would mean a profit of $110.
- The Lakers lose the match: in this case you will lose the amount wagered ($100).
BACK & BACK Betting: This is the strategy that consists of placing 2 opposite Back Bets on the same event. In this scenario, you will place one back bet on a betting website and another opposite back bet on another betting website. In our example, you would place a back bet on LA Lakers to win on one site, and the opposing team to win on another site. By doing so, regardless of the outcome, you will have both a winning bet and a losing bet. Using the bonus in this manner, will generate a profit without risk.
ODDS: This is a three digit number that tells you how much you can win (against/depending on) versus how much you bet. They can have a plus or minus sign:
- If the odds are positive, they indicate how much you will earn with a $100 bet. For example, odds of +250 mean that you will profit $250 with a $100 bet.
- If the odds are negative, they indicate how much you will need to bet to profit $100. For example, odds of -250 mean that you will have to bet $250 to profit $100.
BOOKMAKER/BOOKIE: The terms Bookmaker and Bookie refer to all the betting websites. Examples of some bookies include Fanduel, WynnBet, DraftKings, etc.
BONUS, OFFER or FREE BET: These are various sums of money given to users for free on behalf of bookmakers. In the “Bonus” section of NinjaBet, you will find dozens of these offers that will allow you to make up to $1,000 per month.
QUALIFYING BET: Certain offers will sometimes have conditions where you will first have to place a bet in order to receive the Bonus. This bet is referred to as the Qualifying Bet; in other words, the bet that qualifies you to receive the Bonus offer.
BONUS BET: This is the bet that you place using the Bonus.
What Do I Need in Order to Get Started with Matched Betting?
In order to do Matched Betting, you will need to meet the following 3 requirements:
- Be located in one of the US states where betting is legal. You don’t need to be a resident. If you don’t live in one of these states, you will still be able to bet and earn with NinjaBet when traveling there.
- A payment method such as a credit/debit card, bank account or a digital wallet like PayPal/Venmo. These are needed for making deposits with the bookmakers and for withdrawing your profits.
- Lastly, while doing Matched Betting it is recommended to use a computer or a laptop. You can still use a mobile phone, but since you will be navigating between multiple websites at the same time for each offer, doing so on a computer device is strongly advised.
Got It! What’s Next?
Go to the first Welcome Offer and make your first $100!