Mathematical Profits with Matched Betting

Discover the basic mathematical technique of matched betting

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Matched Betting is a mathematical technique that allows anybody to earn guaranteed risk-free money online. It works by converting free money bonuses offered by betting platforms in real money. Matched Betting is not gambling and it is a legal way to earn extra income.

In order to attract more clients, many bookmakers like Pokerstars or William Hill, offer Bonuses to the users on their sites. Since these bonuses cannot be withdrawn without having been bet first, we use matched betting techniques to convert the bonuses into real money. We achieve this by placing two opposite bets:

  • A bet using the bonus: where we bet on a result to happen. For example, a bet on Canada to score more than 2 goals in a soccer match.
  • A bet using real money: here we bet on the opposite of the previous result to happen. For example, a bet on Canada to NOT score more than 2 goals in a soccer match.

By placing these 2 bets we cover every possible result. The actual outcome is irrelevant. Whatever is the number of goals scored by Canada, it doesn’t matter to us. Apparently we don’t win nor lose money. But in reality we have converted the bonus in real money and we can withdraw it in our bank account.

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How is our site organized

Our website is organized in 3 main sections:

  • Guides: here you will find the instructions of the different strategies to use.
  • Bonuses: here you will find all bonuses organized in 3 categories:
    • Welcome Offers : the bonus offered upon initial registration at a betting site. Start from here and follow the order from top to bottom.
    • Recurring Offers : all bonuses for customers who are already registered at a betting site. These offers usually have an expiry date and are updated daily by us. Go to this category when you are done with the welcome offers.
    • Casino Offers : offers related to Casino only.
  • Tools: here you will find all the tools needed to do Matched Betting:
    • Dutcher: a software that automatically compares the odds of more than 30 bookmakers and allows you to maximize your profits in a timely and organized manner.
    • Calculator: shows you how much you have to bet and how much you are going to earn.
    • Profit Trackerhelps you stay organized and tracks all your bets and earnings.

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Basic Concepts

BACK BET: it’s the classic bet that you are probably already familiar with. Consists in betting on at outcome to happen. For example, if you bet 10$ at odds 1.50 for CANADA to score more than 2 goals in a soccer match, the possible outcomes are:
– CANADA scores more than 2 goals: you will earn the amount bet multiplied by the odds. In our example you’re going to profit 15$ – 10$ (the amount bet) = 5$.
– CANADA doesn’t score more than 2 goals: in this case you will lose the amount bet (10$).

The amount bet is the value you might lose. The potential profit is calculated with the odds of the bet.

BACK & BACK Betting: it is a strategy that consists into placing 2 opposite Back Bets on the same event. You place one back bet on a betting website and another opposite back bet on another betting website. In our example, you would back bet OVER 2.5 on one site and back bet UNDER 2.5 on another site. By doing so, regardless of the outcome, you will have a winning bet and a losing bet. And when you use a bonus in this process, you will make a profit without risk.

BOOKMAKER / BOOKIE: these are all the betting websites. For example Foxbet, Pokerstars, DraftKings, etc.

BONUS, OFFER or FREEBET: these are sums of money given for free by the bookmakers. In the “Bonuses” section of NinjaBet, you will find dozens of offers that are going to allow you to make up to 500$ per month.

QUALIFYING BET: sometimes you must first place a bet in order to receive a bonus. This bet is referred to as a qualifying bet.

BONUS BET: this is the bet that you place using a bonus.

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What do I need to do Matched Betting?

1) Residence in Canada.
2) A credit/debit card or a digital wallet like PayPal/Skrill. These are needed for depositing and withdrawing.
3) For completing the first offer, you need between 300$ (to earn the minimum) and 900$ (to earn the maximum). You will never risk this money and you will be able to withdraw it together with your profit.
4) Lastly, you need a computer or laptop. You will be using multiple websites at the same time and doing this from a mobile could be uncomfortable.

Now, what’s next?

Go to the first welcome offer and earn your first 30-60$.

REGISTER FOR FREE
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Orlin Bakalov
@ninjabet

Hey! Hope you found this article useful and informative. If you enjoyed reading it or have any lingering questions about it, feel free to email us at [email protected]. Our team is always here to lend a hand and answer all your questions 😉.  Also, we’d love to hear your brilliant suggestions for our next post! Is there a specific topic you’d like to dive into? Let us know! We’re all ears and ready to serve up the content that you want to read. Well, thanks again for being a part of our amazing NinjaBet community! I’ll look forward to hearing from you soon.