Everything About Matched Betting
Matched betting is the term which is heard increasingly nowadays. It’s even referred to as intelligent betting in some betting circles. The whole notion of this form of betting involves laying a bet as a bookmaker and placing a bet as a punter. As a matter of fact, this becomes possible thanks to the onset of various betting exchanges today. And assuming that this is used just right, this kind of betting has the ability of eliminating the element of luck to the point that it can even get no risk returns.
The whole idea for matched betting is like: placing a bet at the bookies and back your desired results at particular odds. A quick example of this is, betting on one time to beat the other. If your pick has won the game, you’ll win your stakes back otherwise, you will lose your stakes to the bookie. The question is, what you would do if you’re given the chance to do both at the same time wherein you could lay a bet as a bookmaker and offered with the same odds to someone for your team?
Well, this is basically what matched betting does. It is working on the concept that whatever you lose or win is cancelled out always by whatever you lose or win both as a bookmaker and a punter. Still, you have to keep in mind of some things when you are dealing with matched betting despite the fact that this seems too good to be true. But if you like to enjoy better odds, it is ideal to use a matched betting calculator.
Such calculator is crucial to calculate the exact amount of stakes that must be laid in the betting exchange. You will be able to decrease your profits in the long run when putting two equal stakes in exchange and bookmaker. By putting the same stakes in exchange as in bookies, it’ll make everything to turn out just fine if you lose at bookmaker but win at exchange because you are losing and winning the same stake amount.
Options Tips for The Average Joe
But say that your bookie bet won, then you will lose more at the exchange because of higher odds and commission from winning bets as well. With matched betting calculator, you can divide loses or profit quickly. You are going to find more than one calculator over the web but majority of them are all similar. You need to fill some fields similar to back stake or the amount of stake that you put in the bookmaker, back odds or odds offered by bookmaker, lay odds or simply the offered odds by betting exchange. Apart from that, it is important to choose among free bets (S R), qualifier and free bets (S NR).If You Think You Understand Options, Then This Might Change Your Mind