If you gamble online, then there’s no doubt that you are always looking for ways to take advantage of free bonuses. You can get them signing up as a brand new player to sites, and you can get them by reaching certain milestones. But what is the best way to use those bonuses to win yourself some money? That’s where matched betting comes in.
What Is Matched Betting?
Matched betting is a completely legal and accepted way to just about guarantee you can make a profit off of a bonus or free incentive. It involves essentially betting against yourself to ensure that you win a bet. Yes, you will lose a bet as well, but since the win is using the free bonus, you will come out in the black.
To make a bigger profit, you can use your winnings to turn around and make a deposit at another online casino. That way, you can go through the process again. The only real limit is the number of websites offering registration bonuses, and the amount of money you are willing to invest.
Is It a Scam?
Matched betting is not a scam. It’s true that bookmakers don’t like it, but it is perfectly legal and perfectly valid. In fact, one could say that the bookmakers are accepting of it since they continue to offer bonuses and incentives. In the end, it certainly cuts into their profits, but it can’t be too damaging or else they would discontinue the practice.
Can you make millions off of this strategy and ride off into the sunset? No, almost certainly not, but it is a good way to make a little extra income. It’s hard to win with casino games, which is why casinos have so much money. There’s certainly no harm in making a little back for yourself.