Is Matched Betting Legal? The Worldwide Overview
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Matched betting is a technique that can be used to make risk-free profits from bookmakers. It is legal in most parts of the world, and many people use it to make a regular profit.
In this article, we will take a look at how matched betting works, and we will explore its legality of it in different parts of the world. We will also discuss some pros and cons of using this technique to make money.
Matched betting introduction
Matched betting is a technique individuals use to profit from the free bets and promotions bookmakers offer for making money online. It is generally considered risk-free as it involves placing an initial bet with a bookmaker, which is then offset by a corresponding bet placed on a betting exchange.
The popularity of matched betting has grown exponentially in recent years, with over 100,000 people in the UK alone using this system to generate tax-free income.
However, many people are still unsure as to whether matched betting is legal or not.
Is matched betting legal?
Matched betting is legal in England. You can do it if you can register for an online betting account. The profits from matched betting are classified as winnings, so there is no tax on them, so it's the best way to make money online.
Matched betting is still relatively new, which is one reason why some people don't trust it. However, it has become increasingly popular in recent years as more and more people have realized the potential for making money from it.
Outplayed (formerly Profit Accumulator) has over 150,000 members who pay monthly subscriptions. This shows that matched betting is a viable way to make money for many people.
Indeed, bookmakers will sometimes restrict customers getting free bets, and they will limit the amount that can be staked on their bets. However, this does not mean that matched betting is not a legal way to make money.
How much can you make from matched betting?
The answer to this question largely depends on the time you are willing to commit. On average, our most active members make £1000 per month while doing around 2-3 hours of matched betting daily.
The rewards can be much greater for those willing and able to devote an additional 2 hours each day. However, it is important to remember that Outplayed does not recommend using matched betting as a full-time job opportunity.
Matched betting is a great way to make extra money in your spare time, but it should not be relied upon as a primary source of income. With that said, there is no limit to how much you can earn from matched betting – it all comes down to how much time and effort you are willing to put in.
So, how much can you make from matched betting? The answer is: it all depends on you!
Matched Betting Free Trial
Outplayed has a free Trial which shows how Matched Betting works. The videos provide instructions on how to match bet with two bookmakers' sign-up offers. When you’ve finished the two offers, you should have made around £40 tax free!
You will also get the option to sign up to a Platinum membership once you have completed the free trial. This entails access to all betting websites, sports information, and a free matched betting forum. The Forum is the largest community where members share advice on how to set the perfect betting strategy.
This is an amazing opportunity for those who want to learn how Matched Betting works without spending money.
Not only will you get access to all of the features that come with Outplayed membership, but you'll also be able to try it out for free. This is the perfect way to see if Matched Betting is right for you.
If you're interested in learning more about Outplayed and their Free Trial, click here.
Match Betting Tips
Match betting is a great way to make money from sports betting. It allows you to bet on both sides of a match and profit from it regardless of the outcome. All you need is a good understanding of mathematics and lay betting at betting exchanges.
Here are some tips to help you get started with match betting:
1. Find a good bookmaker that offers good odds on sporting events and a free bet. You will need to open an account with them and deposit some money.
2. Next, find a betting exchange such as Betfair or Smarkets. Here you can place bets against other punters rather than the bookmaker.
3. Choose a sporting event you want to bet on. For example, you could bet on a football match.
4. Once you have found a match, check the odds at the bookmaker and the betting exchange. Make sure that the odds are close to each other.
5. Now, place a bet with the bookmaker for one team to win. At the same time, place a lay bet with the betting exchange for the team not to win. The amount you bet is calculated using a matched betting calculator.
6. If the team you bet on wins, you will receive your winnings from the bookmaker. You will also pay the winnings to the person who placed the lay bet with the betting exchange.
7. If the team you bet on loses or draws, then you will have to pay the bookmaker. However, you will also receive the winnings from the person who placed the bet with the betting exchange.
8. Remember, always practice responsible gambling. Never bet more than you can afford to lose.
Matched bettors
Matched bettors are people who use their knowledge of the betting industry to make money by betting on both outcomes of a particular event. For example, they may place a bet with a bookie that Team A will win using a free bet and then a lay bet with an exchange that Team A will not win. It doesn’t matter the outcome of the match as the matched bettor will make a profit! Free bets are handed out all the time to entice customers in. Matched bettors take advantage of this!
Matched betting is not illegal, and there is no risk of prosecution. However, it is considered unfair advantage-taking. As such, most bookies will not allow matched bettors to have accounts with them.
If you are caught matched betting, you may have your account closed and your winnings confiscated. Additionally, you may be banned from opening new accounts with other bookies.
Start matched betting
You can start matched betting with any amount of money, though the smaller your betting bank is, the more limited you are with offers. Anywhere between £500 and £1,000 is an excellent starting bank and should give you plenty of opportunities to make profits.
There are many sign-up offers available from bookmakers, and if you can take advantage of just a few of them, you should be able to build up your bank quickly.
You can watch the videos in the free trial to get a better understanding of matched betting.
Remember, matched betting is not gambling. It's a way to use the bookmakers' promotions against them to guarantee yourself a profit.
Best bookies for matched betting abroad
If you are looking to take your matched betting abroad, there are a few things you need to consider.
The first is that the gambling industry is heavily regulated, and the laws can vary dramatically from country to country. This means you need to find a bookie licensed and regulated in the country you are betting in.
The second thing to consider is what type of bets you can place. Some countries only allow certain types of bets, so you need to ensure that the bookie you choose offers the types of bets you want to place.
Finally, it would help to consider how easy it is to withdraw your winnings. Some bookies make it very difficult to withdraw money from your account, so you need to make sure that the bookie you choose has a withdrawal process that is easy to use.
Here are some of the best bookies for matched betting abroad:
Bet365 – Rating 9/10
Bet365 is one of the world's biggest betting companies, with more than 45 million customers. Their bet license covers more than 40 countries globally, making it perfect to match your bet abroad. With your Bet365 account, it is possible to place matching betting in several countries.
Bet365 also provides several payments and currency options for deposits & withdrawals (limitations may apply, so we advise checking before betting and making your usual money). List of countries that support Bet365? In general, a betting365 licence is not valid in the United States.
William Hill – Rating 8/10
William Hill is one of the most popular bookmakers in the world, with over 70 years of experience in the industry. The company offers a reload bonus that can be used, making it a great choice for those who like to bet on matches.
The company also frequently updates its offers, so you're sure to find the best possible deal. William Hill is available in several countries, including Australia, Italy, Spain and Germany.
Suppose you're looking for an online bookmaker with a great reload bonus available in several countries. In that case, William Hill is a great choice.
Betdaq – Rating 8/10
Betdaq is one of the world's largest betting exchanges and is a popular choice for matched bettors. The company was founded in 2000 by Dermot Desmond and has continued to grow in popularity, particularly since being acquired by Ladbrokes in 2013.
The Betdaq website is available in 18 different languages, making it accessible to punters from all over the globe. The company also strongly focuses on mobile betting, with apps available for Android and iOS devices.
One of the key selling points of Betdaq is the low commission rate of just 2% (compared to 5% at other exchanges). This makes it an attractive proposition for those looking to maximise their profits from matched betting.
Betdaq also offers several promotions and bonuses, which can be used to offset the commission charged on winning bets. Betdaq is a great choice for matched bettors and offers a good all-around service.
Why Bet with Betdaq?
You might choose to bet with Betdaq over other bookmakers or exchanges for several reasons. These include:
- Low commission rate of just 2%
- Wide range of markets available
- Focus on mobile betting
- Available in 18 different languages
If you're looking for a reliable and user-friendly betting exchange, Betdaq is certainly worth considering.
Coral – Rating 7/10
Coral is one of the oldest high-street bookmakers and, as such, has a great deal of experience in the industry. They offer their customers a very good selection of sports betting markets and some casino games.
Coral is licensed by the Gibraltar Gambling Commission and the UK Gambling Commission, so you can be sure that your money is safe with them.
One thing to note about Coral is that they do not accept bets from all countries – some restrictions apply. However, they operate in more than 25 countries, so there's a good chance you'll be able to use their services.
If you're looking for promotions and free bets, Coral is a great option. They offer several different promotions, including some specific to certain sports.
This makes them a perfect choice for matched bettors looking to make money from betting on sports other than football.
Overall, we'd rate Coral as a good option for sports betting. They have a lot of experience in the industry and offer a great selection of markets. They also have some good promotions available, which makes them worth considering if you're looking for a new bookmaker.
888Sport – Rating 6/10
Founded in 2008, 888Sport became an international player within the online betting sector. It has access to more than 100 countries on many different continents, including Canada and India. They offer good deals that make it worthwhile to look into.
The company is based out of Gibraltar and is a part of the 888 Holdings PLC group. 888Sport is licensed by the UK Gambling Commission and the Gibraltar Regulatory Authority.
The sportsbook provides a user-friendly platform with a simple design. The top menu lets you easily locate the sport you want to bet on. You can also find your bet slip and account information at the top of the page.
The live betting section is located in the middle of the homepage for easy access. Overall, the website is easy to navigate and use.
888Sport offers a decent selection of sports and betting markets. You can bet on popular sports like football, basketball, baseball, and hockey. They also offer less common sports such as darts, snooker, and cycling.
They offer over 25 different sports for you to choose from. The number of betting markets varies depending on the sport but can range from 30 to 60+. Popular football matches usually have around 50+ betting markets available.
The odds at 888Sport are average compared to other online sportsbooks. They don't always have the best odds, but they are rarely the worst. You will find better odds at some of the smaller sportsbooks, but 888Sport is a solid choice overall.
One area where 888Sport could improve is their live betting offerings. They don't have as many live betting markets as some of the other sportsbooks. They also don't offer live streaming of sporting events. This means you will have to rely on third-party sources for live streams.
888Sport offers a good selection of banking options. You can deposit and withdraw using popular methods like credit/debit cards, e-wallets, and bank transfers. The minimum deposit is £10, and the maximum deposit varies depending on the method used. Credit/debit card deposits have a maximum of £5,000, while e-wallet deposits have a maximum of £10,000. Bank transfer deposits have no maximum.
The minimum withdrawal is £10, and the maximum is £30,000 per month. Withdrawals are usually processed within 3-5 business days. E-wallet withdrawals are processed quickly, while bank transfer withdrawals can take up to 10 business days.
888Sport has a decent customer support team, but they could be better. The quickest way to contact them is via live chat or telephone. They also have an email support address, but responses can take up to 24 hours. The support team is available 24/7, which is convenient.
Overall, 888Sport is a good choice for online sports betting. They offer a user-friendly platform, a decent selection of sports and betting markets, and average odds. They could improve their live betting offerings and customer support, but overall they are a solid choice.
Alternative international bookmakers
There are a few worth considering if you are looking for an international bookmaker. These include Ladbrokes, PaddyPower, Betfred and Betvictor.
All of these bookmakers are licensed in several different countries. They offer great match betting opportunities, whether for horse racing or football.
However, it is important to check the bookies' specific websites to ensure they have the right to bet from your residence. This is because gambling laws have been tightened and are changing continuously.
So, suppose bookmakers are not licensed within their country. In that case, you can employ alternative methods, including matching software like OddsMatcher.
OddsMatcher is a free tool that finds the best odds for you. It is easy to use and can save you time and money. Enter the type of bet you want to make, and it will show you a list of bookmakers that offer that bet. You can then choose the bookmaker with the best odds and place your bet.
So, if you are looking for an international bookmaker, consider one of the above. Alternatively, use OddsMatcher to find the best odds for your bets.
My bookie doesn't operate in a specific country
If your bookmaker doesn't cover all major players worldwide, you can enjoy matching bets from another place. This technique has inherent risks, so please use it cautiously.
Bookies usually know your location by examining your IP address, a unique number. This clue is useful when searching for information regarding the exact location. It is remarkably similar to how the regular post office works, only on the internet.
All internet-connected devices must be given their unique Internet address. When a user is logged into a site where the bookmaker's website doesn't exist, they can't access it. Therefore, it's important to use a VPN service that offers servers in locations where online gambling is legal.
By connecting to one of these servers, your traffic will appear to be coming from that location instead of your actual location. This allows you to access bookies that might normally be restricted in your country.
However, please be aware that this technique isn't foolproof. In some cases, a bookie might still be able to tell that you're using a VPN and restrict your account.
Additionally, even if you can access a bookie's site, there's no guarantee that they'll allow you to place bets. Each bookmaker has its rules and regulations, so it's important to research before trying to place a bet.
All of the bookies on Outplayed are recommended. If you're looking for somewhere to bet on major sporting events then these bookies are all reputable and have a good reputation for offering fair odds and reliable payouts.
Will I need to learn about sports or betting?
No, you needn't be a sports or betting expert to profit from matched betting. All you need to know is how to place a bet and how the odds work. Our training guides will show you step-by-step how to place a bet on a bookmaker or exchange so that you can get started straight away.
What else do I need to know?
In addition to placing bets, matched betting also involves opening and closing betting accounts, managing your bankroll and tracking your progress. Don't worry; our training guides will cover all this and more, so you'll be up and running in no time.
How much money can I make?
The amount of money you can make from matched betting will depend on several factors, including how much time you're willing to invest and the size of your bankroll.
That said, many people have been able to generate a healthy side income - or even replace their full-time income - by taking advantage of matched betting opportunities.
Using matched betting VPN
Matched betting VPN is a great way to keep your identity and location hidden when using bookmakers.
Premium VPNs provide better protection and more unique IP addresses, which can be essential for matching bets abroad.
You can also choose what countries your site will appear in, which can be useful if you're trying to access bookmakers in countries where they are not licensed for business operations. A VPN is a great way to keep your matched betting activities hidden and safe.
When it comes to choosing a VPN for matched betting, there are a few things you should keep in mind. First, ensure that the VPN you choose offers a free trial or money-back guarantee.
This will allow you to test the service and ensure it meets your needs before committing to a long-term subscription. Second, look for a VPN that provides fast speeds and unlimited bandwidth.
This is important for ensuring you can place bets quickly and easily without interruptions. Finally, choose a VPN with robust security features to protect your privacy.
Some bookmakers don’t like you using a VPN. Be sure to check the terms and conditions before using one!
Is VPN match betting legal?
The short answer is yes, VPN match betting is legal.
There are several reasons why you might want to use a VPN to bet on matches, chief among them being that it allows you to hide your real IP address if you don't have a real IP address in the UK or Ireland. This is especially useful for people who live outside these countries but still want to take advantage of the many great bookmakers available.
However, it's important to note that while using a VPN to bet on matches is legal, there are some caveats that you should be aware of.
Specifically, suppose you're using a VPN to access bookmaker services that would otherwise be unavailable in your country. In that case, you may violate the terms and conditions of those bookmakers. Additionally, if you're using a VPN to mask your identity for fraud or other illegal activities, then you will, of course, be breaking the law.
So, while VPN match betting is legal, there are some things to keep in mind before you get started. But as long as you're using a reputable VPN service and following the terms and conditions of your chosen bookmakers, you should be able to enjoy a safe and enjoyable betting experience.
Global Sports Betting – Advantage Play Strategies
There are many ways to bet on sports, but not all are created equal. To be a successful sports bettor, you must find an edge over the bookmakers and exchanges. This is where global sports betting comes in.
Global sports betting takes advantage of the different lines, and odds bookmakers worldwide offer. By shopping for the best lines, you can ensure that you are always getting the most value for your bets.
In addition to finding the best lines, global sports betting also employs strategies such as arbitrage and hedging to guarantee profits.
Arbitrage is the practice of taking advantage of different odds offered by different bookmakers to bet on all outcomes of an event and guarantee a profit. Hedging is placing offsetting bets on different outcomes of the same event to minimise risk.
Global sports betting is not for everyone, but for those with the time and resources to dedicate to it, it can be a highly profitable endeavour. If you are ready to take your sports betting to the next level, then global sports betting is for you.
Matched betting Europe
Matched betting is a technique punters use to profit from the free bets and other incentives bookmakers offer. It involves placing both back and lay bets on the same event to guarantee a profit, regardless of the outcome.
Matched betting is not gambling, as no element of chance is involved. It is a risk-free way of making money from bookmakers' free bets and other promotions.
Matched betting is legal in most countries, including the UK, Ireland, Australia and Canada. However, some bookmakers restrict access to their offers in certain countries.
In Europe, matched betting is still possible in many countries, despite the restrictions imposed by some bookmakers. A number of matched betting sites cater to European customers, and it is possible to use a VPN to access restricted bookmakers' offers.
Matched betting in Europe is a great way to profit from bookmakers' many free bets and promotions. With careful planning and research, it is possible to make a guaranteed profit from bookmakers' offers.
Non-UK gambling sites
There are plenty of non-UK gambling websites that you can use to make matches. Here are some of the most popular ones:
- 888 Casino: This casino is based in Gibraltar and offers a wide range of games, including slots, table games, and live dealer games.
- Bwin Casino: This casino is based in Austria and offers a wide range of slots, table games, and live dealer games.
- PokerStars Casino: This casino is based in the Isle of Man and offers a wide range of poker games and other casino games.
- William Hill Casino: This casino is based in the UK but is also available in the USA and offers a wide range of games, including slots, table games, and live dealer games.
As you can see, plenty of options are available to you if you're looking for a non-UK gambling website. So, what are you waiting for? Get started today!
Conclusion
Bookmakers are always looking for new customers and willing to offer incentives to attract them. Global sports betting takes advantage of this by shopping for the best lines and using strategies such as arbitrage and hedging to guarantee profits.
Matched betting is a risk-free way of making money from bookmakers' free bets and other promotions. It is legal in most countries, including the UK, Ireland, Australia and Canada.
There are plenty of non-UK gambling websites that you can use to make matches. 888 Casino, Bwin Casino, PokerStars Casino and William Hill Casino are just some options. So, what are you waiting for? Get started today!