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You will then place your free bet bonus on a team to win, also known as a back bet. While you are doing that, you also need to sign up for an online betting exchange where you will then place a bet of equal size to your back bet but on the same team to lose the match. This is known as a lay bet. Make sure that the bet is of equal size and on odds that closely resemble that of your back bet. Once both your bets have been placed, you have then covered all possible outcomes of the match.
This is largely why so many bettors enjoy using matched betting as there are very few risks involved. Why you need a matched betting calculator Now that you have an idea of how matched betting actually works, why would you need a calculator to help you? Well, you will still need to pick sporting events with decent odds to make the use of your free bet bonus worthwhile. So, what are the main benefits of using a matched betting calculator?
Saving you time First and foremost, a matched betting calculator is saving you time and energy. You can hypothetically work everything out yourself but why go through all of that when you can simply use a matched betting calculator? You can then use your additional time to look for other valuable sports betting opportunities. Understand what you need to lay There are a few matched betting risks to consider and one of them is making sure you get your bets right.
If you lay the wrong value of your bet, you may not come away with a worthwhile profit. A matched betting calculator can show you exactly what your lay bet amount needs to be. Know your profits Lastly, a matched betting calculator can help you see exactly what you stand to win from your bets. It will show you the outcome of your back bet being successful or of your lay bet being successful. Follow Us Twitter Youtube Facebook Alternative betting strategies to use Unfortunately at the time of writing our guide, matched betting USA is still not a viable strategy for sports bettors.
This is down to the fact that the federal law still prohibits cross-state wagering. The profit for this outcome will be maximised and the others set to break even. The ability to automatically round your stakes makes this arbitrage betting calculator extremely useful for arbs with soft bookmakers.
Soft bookmakers are quick to limit the stakes of those who they believe are doing arbitrage betting. Of course, this must be used in conjunction with other tactics, known as 'defensive arbing'. Bias all bet stakes to maximise profit on this outcome and set the others to break even. Comments, questions or feedback? Have an idea for a great new feature?
Want more information about arbitrage betting? Please get in contact with me via the contact page! Want to learn more?
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