How Does Matched Betting Work?

Matched betting is a clever, risk-free way to turn bookmaker promotions into guaranteed profits.

Instead of relying on luck, you exploit free bets, enhanced odds and “money-back if” offers by placing two opposite bets on the same event:

  1. Back Bet at the bookmaker (e.g. £10 on England to win at 2.0).
  2. Lay Bet on an exchange (e.g. lay England on Betfair so your profit/loss is neutralised).

When your back bet loses, the exchange return covers your stake; when it wins, the bookmaker payout covers your lay liability.

The result? Your qualifying loss is minimal, and any free bet or refund becomes pure profit.

Oddsmart’s suite of matched-betting tools makes this process faster, easier and more profitable—across all major sports.


1. Spot the Best Offers with OddsFinder

Manually scanning dozens of bookmaker sites for the highest-value promotions is tedious. OddsFinder automates it. Filter by sport—Cricket, Darts, Golf, eSports, Football, Horse Racing, Rugby, Snooker, Table Tennis or Tennis—and see a ranked list of free bets, enhanced odds and refund deals in seconds.


2. Calculate Stakes Perfectly Every Time

Getting your lay stake wrong even once can erase your profit. Oddsmart’s Precision Calculators handle every market:

  • Matched Betting Calculator for standard back/lay bets.
  • Cricket, Darts, Tennis & Table Tennis Calculators for over/under and handicap markets.
  • Each-Way & Extra-Place Calculators for horse racing.
  • Acca Matcher Calculator for multi-leg accumulator promos.
  • Specials Calculators for golf’s “most birdies,” snooker’s “century breaks” or eSports’ “first blood.”

Just enter your back stake, back odds, lay odds and exchange commission—then click to get the exact lay stake and liability.


3. Execute Bets in a Click with Bet Matcher & Specialist Matchers

Copy-pasting odds is error-prone under time pressure. Oddsmart integrates directly with exchanges (Betfair, Smarkets) and popular bookmakers, so you can:

  • Bet Matcher: One-click back and lay execution via API.
  • Acca Matcher, Bet Refund Matcher, Early Payout Matcher, Odds Boost Matcher and Odds Drop Matcher: Purpose-built tools for accumulator offers, refund promos, early-payout and boosted-odds specials, and rapid odds-drop opportunities.

These matchers automate both sides of the bet—saving you minutes and eliminating typos.


4. Track Every Pound with Profit Tracker

A clear record of your stakes and returns is vital. Profit Tracker logs all your automated and manual bets, then breaks down performance by:

  • Sport or market type (e.g. football boosted goalscorer, cricket innings totals).
  • Bookmaker or exchange.
  • Bet type (qualifier vs free-bet conversion).

Interactive charts reveal which tools and markets deliver the best ROI. Export CSV or PDF reports for your own analysis or tax records.


5. Why It Works Across Every Sport

Whether you’re hedging the next IPL innings total, capturing a “first blood” special in CS:GO, locking in a “most eagles” golf promo or building a multi-leg rugby accumulator, Oddsmart’s tools adapt:

  • Real-time offer aggregation keeps you on top of fleeting market swings.
  • Tailored calculators ensure precision in every niche market.
  • Automated matchers react faster than manual methods.
  • Centralised tracking helps you fine-tune your strategy across Cricket, Darts, Golf, eSports, Football, Horse Racing, Rugby, Snooker, Table Tennis and Tennis.

Get Started Today

Ready to discover how matched betting can become a dependable income stream?

Sign up at Oddsmart.co for a 7-day free trial—no credit card required.

Link your exchange account, explore OddsFinder, and place your first back and lay bets in under ten minutes.

With Oddsmart’s unmatched automation and accuracy, you’ll spend less time juggling tabs and calculators—and more time growing your profits, match after match.

Newsletter Updates

Enter your email address below and subscribe to our newsletter

Leave a Reply

Your email address will not be published. Required fields are marked *