Instead, a much more profitable option would be to lay Red Bull Salzburg at a betting exchange. The odds in question are the ones those backing this team are getting. You do have the freedom to choose how much money you want to win, which can be higher or lower than the amount backers have already placed. If you go with the figure you see below the odds or a smaller one, your bet will be instantly matched. But, if you want to get bigger profits, you will have to wait until a backer matches your bet.
The reason? In the world of betting exchanges, the word liability refers to the amount of money a layer potentially has to pay out to the backer or backers. So, if Red Bull Salzburg did manage to win this game, we would have to pay out a total of nearly 1.
Although this method can be pretty profitable, it does come with a risk. After all, backing and laying is just another form of betting. The second method is matched betting, which guarantees profits, but it does require a little more effort. It differs from one exchange to another, plus, some exchanges have different commission rules. The good news is that there is a way to ensure your profit.
All you need is a little bit of luck at the beginning of the game. If Red Bull Salzburg manages to get a lead early on, the odds on them are going to drop. At the same time, the odds against them are going to go up.
And that means that laying Red Bull Salzburg is going to make guaranteed profit. If the odds on the lay are 4. Matched betting is pretty similar to trading, the main difference being that profits are guaranteed. How this is achieved is by taking advantage of sportsbook bonuses. Sports betting is a competitive business, which is why sportsbooks have to come up with ways to attract customers. And these deals usually come in the form of match deposit bonuses.
You can use that bonus to make money through a betting technique called matched betting. What you need to do is use the bonus funds to place a bet, backing a certain outcome at a sportsbook. And the best thing is that there are ways to boost your profits even more.
Finding high odds on both back and lay bets is the key. The bad news is that finding the right odds on your own is almost a mission impossible. The good news is that Oddshero is software that can do the hard work for you! Luckily, with the help of Oddshero, the amount of effort you need to invest is minimal.
Oddshero is a tool with the purpose of presenting you with the bets you should place. Thanks to this tool, you can cash-out signup bonuses with only a few clicks. Why not give it a try and see for yourself? Get your free trial here! Oddshero applies the proven method of Matched Betting to help you profit from bookmaker bonus offers. You can earn your first 1. Subscribe to our newsletter and stay updated.
Backing and Laying Explained Sportsbooks have been around for centuries. What is Sports Trading? What is Matched Betting? This is something you can use to make sure profits come your way regardless of the outcome. Share This:. Laying off your bet allows you to take reduced, but guaranteed winnings.
Matched betting is legal in the United Kingdom. Just be sure to only use sites that are certified with the UK Gambling Commission. All of the sites we recommend follow the criteria. When you lay a bet, you are betting on something to not happen. However, if it wins then you pay the winnings.
Therefore, we assume no responsibility for actions taken as a result of information on this site which does not constitute advice and always recommend you to check terms and conditions before placing any bet. Don't gamble unless you know the facts. Being responsible about gambling means knowing whether to gamble, how much money or how much time. Read more about Gambling Safety here. Is Lay Betting Legal? Featured reviews William Hill Review Virgin Bet Review BetVictor Review About Us To know more about our writers and our ranking method you can learn more about MyBettingSites.
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