Want the best odds online? Use a betting exchange (compare the top three here)

Matched betting is the use of free bets from bookies to make low risk income by hedging them on betting exchanges and sports spread betting bookies.

Compare Betting Exchanges for Matched Betting

Betting Exchange New Account Offer Our View & Reviews Commission Liquidity Founded Visit Site
Smarkets £10 no risk bet for new accounts Claim Offer Some really good innovative features. Smarkets Reviews 2% Can be a little thin on secondary markets 2008 Visit Smarkets

BetDaq

Up to £1,000 commission cash back Claim Offer Superb all round exchange - recommended. BetDaq Reviews 2% Excellent liquidity on all markets 2000 Visit BetDaq

Matchbook

Up to £500 commission cashback Claim Offer Great for US sports. Matchbook Reviews 1.5% Very good for US & Asian sports through 2008 Visit Matchbook
Betfair £10 risk free bet Claim Offer Probably the best bookie in the world. Betfair Reviews 5% Best all round liquidity 1999 Visit Betfair

Compare Sports Spread Betting Bookies for Matched Betting

Bookie New Account Offer Reviews Features Our View Founded Visit Site
Spreadex iPad or £300 cashback in your first 28 days
Claim Offer

Spreadex Reviews

Financials: FixedOdds: Casino: Regulator:FCA Excellent service and credit facilities. 1999 Visit Spreadex
Sporting Index £100 to get you started
Claim Offer

Sporting Index Reviews

Financials: FixedOdds: Casino: Regulator:FCA Dedicated to sports spread betting - very good. 1992 Visit Sporting Index

What is matched betting?

Matched betting works by punters signing up with a bookie and claiming the free bet or matched bet offer.  For example, with bet365 you get a 100% deposit match when you sign up.  This means that if you deposit £100 you get another £100 to bet with for free.  Obviously bet365 don’t just give you the money, you have to place a bet equal to the amount of bonus you want to claim first.

So in order to claim you 100% deposit match £100 free bet you need to bet the £100 you initially deposited.

Here is where the betting exchanges come in.  A betting exchange allows you to place bets in the traditional sense and back bets or act like a booked and lay bets.  By laying bets you are essentially accepting bets from other punters.  By laying off your bet placed with the original deposit of £100 you can make it essentially risk free.

What are the best bookies for matched betting?

To make your original bet risk free, simply bet on a favourite with a bookie, then lay it off with a betting exchange – you can either open an account with BetfairBetDaq or Smarkets or compare all the best betting exchanges in the UK here.

So you have placed a bet on a normal bookie and a betting exchange and no matter what the outcome you will end up flat.  Once the original bet you made on a traditional bookie has settled you will get a credit with the bonus amount.

You’ve therefore matched you bet and get a no risk free bet on a game of your choice.  You can either bet on a favourite and try and win a little or bet on an outsider to win a little.  Either way all profits are yours to keep and if you lose it doesn’t matter because the bet way free.

Can you always make money from matched betting?

It obviously doesn’t work all the time if you loose your free bet generated from matched betting on and off exchange.  But if you go through all the welcome offers from the top bookies in the UK you should eventually come out one top.

Latest Matched Betting News, Reviews, Views and Guides

Betopin Recommended Bookies

BetDaq Smarkets Matchbook Spreadex Karamba Sporting Index Betfair
BetDaq Smarkets Matchbook Spreadex Karamba Sporting Index Betfair
Up to £1,000 commission cash back Claim Offer £10 no risk bet for new accounts Claim Offer Up to £500 commission cashback Claim Offer iPad or £300 cashback in your first 28 days Claim Offer £10 Free Bet Claim Offer £100 to get you started Claim Offer £10 risk free bet Claim Offer
Visit BetDaq Visit Smarkets Visit Matchbook Visit Spreadex Visit Karamba Visit Sporting Index Visit Betfair
BetDaq Reviews Smarkets Reviews Matchbook Reviews Spreadex Reviews Karamba Reviews Sporting Index Reviews Betfair Reviews

BetOpin Recommended Bookies

BetDaq Smarkets Matchbook Spreadex Karamba Sporting Index Betfair
BetDaq Smarkets Matchbook Spreadex Karamba Sporting Index Betfair
Up to £1,000 commission cash back Claim Offer £10 no risk bet for new accounts Claim Offer Up to £500 commission cashback Claim Offer iPad or £300 cashback in your first 28 days Claim Offer £10 Free Bet Claim Offer £100 to get you started Claim Offer £10 risk free bet Claim Offer
Visit BetDaq Visit Smarkets Visit Matchbook Visit Spreadex Visit Karamba Visit Sporting Index Visit Betfair
BetDaq Reviews Smarkets Reviews Matchbook Reviews Spreadex Reviews Karamba Reviews Sporting Index Reviews Betfair Reviews