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If you’ve ever enjoyed betting on sport, then you’ll have probably heard about no risk matched betting. Australians will know that this betting technique is supposed to give you guaranteed profits on your sports bets. So we are going to provide a detailed explanation of no risk matched betting Australia’s sports fans can use to see whether they should try this strategy or avoid it.
By trying out some no risk matched betting Australians would in theory be able to get 100% guaranteed profits with their bets at the best betting sites in Australia. While this could take some of the fun out of sports betting, most punters would jump at the chance of making some winnings out of their bets.
But if matched betting is so successful, why isn’t everybody doing it? As part of our online betting guide for Australia, we’re going to take a look at what matched betting is all about, and see why it has become one of the most talked-about betting strategies.
Plus with quick looks at some other popular sports betting strategies, you’ll be well-placed to know whether you should try some matched betting the next time that you want to bet on sport.
As you’re essentially guaranteeing yourself wins against bookmakers, it might seem that you have an unfair advantage. But all you are doing is taking advantage of the free bet promotions that betting sites put on.
While they can ban you from picking up any of their free bets, it’s perfectly legal for you to enjoy matched betting. So, if you’ve ever asked ‘Is online gambling legal in Australia?’, you’ll know that you’re legally allowed to bet on sport, and the great news is that this also applies to matched betting.
Let’s imagine that you went to one of the best betting sites with credit card in Australia. Here you’d registered an account and made a $10 deposit to access their welcome bonus.
This deal would give you $30 in free bets once you made a qualifying bet of $10 or more.
At this betting site, you’d place your qualifying bet of $10 on Australia to win their next cricket Test match. You would then go to a betting exchange where you would bet $10 on the same odds that Australia wouldn’t win this match.
Regardless of whether Australia had won or lost the cricket match, you’ll have covered your bets and unlocked the free bet deal. Now you can repeat the whole process and pick up other free bet deals at more bookmakers with these kinds of offers.
You can essentially try this matched betting strategy at any bookmaker who has free bet deals. It doesn’t matter whether they are among the best betting sites with bank transfer in Australia or the best betting sites with EcoPayz in Australia, because as long as they have a welcome bonus that gives you free bets, you’ll be able to enjoy matched betting.
The current gambling laws in Australia unfortunately mean that bookmakers cannot advertise their free bet deals. But we’ll be on hand to point out those special offers that Australia’s betting sites have on that you can use them for matched betting. Plus we can point out the perfect betting exchange too so that you can lay the opposing bets.
Because matched betting can get complicated, you might see specialist matched betting sites operating that aim to help you find the best bookmakers and deals. However, all of these sites will charge money for their services, and there’s no guarantee that they’re going to help you make a profit. Plus you won’t be able to use the best resource for bookmaker complaints Australia has to offer for these services as they aren’t licensed.
Matched betting has only been with us since online technologies allowed innovations like betting exchanges and free bet deals to flourish. But in this time matched betting has grown to be hugely popular due to the fact that it gives you a way to guarantee yourself betting profits with no risk to yourself.
You don’t even need to know how betting odds are calculated to take advantage of matched betting. Just balance the opposing odds, match your betting stakes and you can get 100% guaranteed profits.
Obviously such a tactic can’t really be considered to be gambling as the element of chance is removed. Plus betting sites are completely against matched betting. But if you know how bookmakers make money by tilting the odds in their favour, you probably won’t mind using matched betting to finally win one over the bookies.
While matched betting is undeniably profitable, it can get complicated to do the maths that’s essential for success with this betting strategy. So if you’re the kind of person who’s asking ‘which bookmaker is best for beginners in Australia?’, then you’ll probably want to save matched betting until you have mastered the basics of sports betting.
If you have too much success with your matched bets, then you may find that you get banned from this kind of ‘bonus abuse’. This would mean that you could no longer claim a bookmaker’s bonuses in a process known as ‘gubbing’.
You probably won’t be able to try matched betting if you have your heart set on using certain kinds of eWallets for making your qualifying deposits. This is because most matched deposit deals can’t be claimed with eWallet deposits. As a result, if you’d planned to use your favourite eWallet at the best betting sites with Skrill in Australia or the best betting sites with Neteller in Australia, then you won’t be able to try matched betting.
We’ve shown that matched betting can be a great way to make some money, but it also has a few notable disadvantages. So, if you want to use the best betting sites with PayPal in Australia or the best betting sites with Bitcoins in Australia and still want to give yourself a decent chance of making some profits, we’d recommend trying some of these betting tactics.
If you’re into sports like soccer and cricket, then you’d benefit from asking ‘what is 1×2 betting?’ This can help you look more critically at the most popular bets for these sports, and it’s a great way to try and spot when a bookmaker has undervalued a drawing result. Plus there’s no chance of getting ‘gubbed’ with this betting strategy.
Anybody who has asked ‘what is Asian handicap betting?’ will hopefully know that this is a great way to get more value from your bets. Asian handicap betting essentially means that you take the draw out of the equation on 1×2 betting markets. Plus you can put a favourite at a points disadvantage so that it makes it harder to win your bets, but you’d stand to get more in the way of profits should luck be on your side.
If you’ve ever asked ‘how does cash out betting work?’ then you will know that this gives you a chance to withdraw your bets before the sporting event has finished. By doing so you could either make sure that your winning bet gives you a profit, or you could minimise any losses if things are going particularly badly. All of which are a lot more fun than getting tangled up in the mathematics of matched betting.