Matched Betting – Be Prepared For Success
What sport? Which market? What can go wrong?
You can choose any sport for matched betting – football, horse racing, tennis, golf, snooker, darts – whatever takes your fancy but be aware there may be different rules at the bookies than at the Exchange. One example is Tennis – especially around retirements and how many games and sets are played when it happened. So always check the rules!
Football is an easy market to choose when placing matched bets. The rules are easy to understand and also there is a lot more money available (liquidity) to lay at the betting exchange.
The best football markets to choose when placing a qualifying bet are:
– Win-Draw-Win also known as 1X2
– Under/Over 2.5 Goals
– Half Time Result
– First team to score
The reason for choosing these is that they usually contain fairly low odds and usually attract the most money making it easier to ‘lay’ at the betting exchange.
What Can Go Wrong?
There are only really only two things that can go wrong.
The first is human error i.e. you make a mistake. For example, entering the wrong odds, not backing and laying on the exactly same outcome or betting the wrong amount . With concentration and careful checking this can be avoided. Always double or treble check before committing your bets and particularly check your decimal place is correct – it doesn’t take long.
The second is that your lay bet is not matched when you place it at Betfair. Make sure you have enough money in your Betfair account to cover your lay or Betfair will not let you lay your bet.
And always checking there is enough money available (liquidity) in the market before you place your lay. If in doubt try to use big name matches where there is likely to be a lot of money being bet on that market.