Matched Betting Explained for Beginners

Matched betting is a clever way to make money online by using free bet offers from bookmakers.
Here’s how it works:

Bookmakers give new customers free bets or bonuses to encourage them to sign up.
Matched betting lets you turn those free bets into real cash by covering all possible outcomes of an event — so you win no matter what happens.

Oddsmart’s tools also include arbitrage betting, where you bet on both outcomes of an event, so you win no matter what happens, even without free bets from the bookies.

To do this, you place two bets:

1. A back bet at the bookmaker – this is a bet on something to happen (e.g. Team A to win).
2. A lay bet at a betting exchange – this is a bet on the same thing to not happen (e.g. Team A to not win).

By placing both bets correctly, you cancel out any risk.
Then, when you get the free bet, you repeat the process — and this time, you’re guaranteed to lock in a profit, usually around £10–£20 per offer.
You can also win using this formula without free bets.

At Oddsmart, we make matched betting easy with tools that help you find the best offers, the right odds, and exactly how much to bet.
You don’t need betting knowledge or gambling experience — just follow the steps.

Many people make £500–£1,000 per month or more tax-free using matched betting in their spare time.

It’s perfect for beginners, and once you understand the system, it becomes quick and routine.
Matched betting isn’t gambling — it’s using maths and offers to your advantage.

And withOddsmart, you’ll learn how to do it the smart way.

We provide our members with customer support by email, and we also have these useful resources:
You may also find these tutorials useful:
To signup as a new member for your 7-day free trial – please register here.

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