| The free bet you receive at sign up is usually not | | | | bookmaker, but if the Red Team loses, you win |
| stake returned, so keep this in mind when placing bets. | | | | money at the exchange. It is a win-win situation for the |
| The clever bettor will use the free bet at the | | | | clever bettor. The key to maximizing your online bucks |
| bookmaker where they signed up and then place a lay | | | | is to keep the free bets flowing by continuously signing |
| at a betting exchange with higher odds. If you win the | | | | up for new accounts with online bookmakers. The only |
| back, you win and if you win the lay at the exchange | | | | way a bettor will lose money manipulating the free |
| you can earn big bucks too. Simply put, matched | | | | bets for matched arbitrage betting is if he or she |
| betting is backing an event at the bookmaker and | | | | makes a mistake when placing a bet. Online arbitrage |
| simultaneously laying the same event at an online | | | | betting is fast paced, and you can not afford mistakes. |
| betting exchange | | | | You must be well organized and do your research |
| When matched arbitrage is done correctly, the bettor | | | | ahead of time. As a rule, a bettor can expect at least |
| will back at the bookmaker and lay at the exchange. If | | | | a 95% return on their capital by matching free bets in |
| the odds are the same at the exchange (which rarely | | | | a back-lay betting system. Matched arbitrage is |
| happens) the bettor will break even. The key is to | | | | essentially weighing your winnings at the exchange |
| spread your backs and lays across a large number of | | | | against losses at the bookmaker. Exchanges usually |
| bookmakers and exchanges, backing and laying the | | | | offer lay odds that are higher than those at the |
| same event using free bets when the bettor signs up | | | | bookmaker. Commissions can be as high as 5% that is |
| to a new bookmaker's site. By being clever and | | | | charged against winnings. This technique can be used |
| consistent, the bettor can convert free bets to bucks. | | | | by the clever online bettor to take a small loss with the |
| By far the best sport to bet when trying to exploit | | | | bookmaker and to either break even or profit at the |
| your free bets is football. Football is the most popular | | | | exchange. |
| because of the large capital invested in betting on | | | | Matched arbitrage betting requires that you keep |
| matches. By being clever in your use of matched | | | | signing up for new accounts with online bookmakers |
| arbitrage bets you can earn bucks at online | | | | and matching the free bets with backs at the |
| bookmakers and exchanges fast. Suppose you back | | | | bookmaker and lays at the exchanges. You must |
| the Red Team at the bookmaker and then lay a bet | | | | keep good records, stay alert, and do your homework |
| against the Red Team at an exchange. If the Red | | | | on the events that you plan to wager on. |
| Team wins you will get your money back from the | | | | |