Advanced Matched Betting Techniques: Maximizing Profits with Multiple Accounts

Once you understand the basics of matched betting, the next step is to select a strategy that works for you. Matched betting encompasses several facets, like your regular sports betting. But it is important to note that matched betting is not the same as gambling as it entails lesser risk and is legal in most countries. To take advantage of these facets to make money in matched betting is easy, and following these matched betting strategies from our experts at TheTrader will help you supercharge your profit-earning capability. 

Matched Betting with Multiple Accounts 

This strategy significantly boosts your chances of earning a profit from matched betting. The technique uses the multi-accounting process, where you sign up for several accounts on a betting site. A downside of this approach is that Several bookmakers require ID verification, and it is impossible to create multiple accounts on such sites. Most multi accounting techniques are legal, except gnoming, which is using somebody’s identity to sign up for an account. A way to use multi-accounting that is legal involves; signing up for an account twice (if ID verification is not required), using similar welcome bonuses for different betting sites, and using existing bonuses in a betting site. 

Matched Betting 2UP Strategy

This matched betting technique is one of my favourites. Here, you take advantage of the 2UP promotion offered by any bookmaker or exchange. To win, you simply place a bet on a particular team to win by two goals or more at any time in a football match. For instance, if you place a 2UP bet on man city and before half-time, man city is leading by two goals, you win this bet even if the opponent scores a goal or offsets the game before it ends. Most bookmakers pay out your winnings early, so you should tie down your profits by placing a back bet on your order at the betting exchange. Finally, before adopting this method, ensure you have a reliable bookmaker such as Paddy Power or Bet356.

Extra Place Matched Betting

This technique is only available in horse racing, and an extra place bonus is given to customers. Some bookmakers offer this bonus to new customers as a signup package, while others may offer it to their existing customers as a reward. With this technique, you can bet on a particular horse multiple times. If you bet on a horse to win a race, you can also bet for it to come in. You can choose up to four positions, and not the regular three positions carry the same odds. For instance, in a particular race, you can bet on horse A to come in first, second, third and the extra fourth place. 

Matched Betting Arbitrage 

This technique is also known as arbing or arbs for short. Arbs is like your standard matched betting, only that with arbs betting, you can bet above a standard limit of 100% to ensure you earn a profit. People who usually partake in this venture are called arbers, and the bets are sometimes called miracle bets or sure bets. It mostly happens when a bookmaker does not update their odds quickly, and as a result, the betting exchanges offer higher odds. But this type of opportunity occurs, so many arbers set up an alarm to identify such opportunities.

Draw Matched Betting

The bore draw matched betting technique is an advanced technology similar to the 2UP strategy. A bore draw is a game that ends with a 0-0 scoreline, and neither teams score in the match. But this outcome is unlikely in football, and this offer mostly entices punters to take the risk of such games. If the game ends in a bore draw, the bookmaker will reward you with your initial stake as cashback. You can place a bore draw bet on a match several times to earn a profit. For instance, you can bet on man city to draw a game and stay on course with each new wager until you get the desired result. You profit when the bookmaker returns your stake after a successful bet.

Inplay Matched Betting

Inplay-matched betting is the same as traditional matched betting, except you must bet in Inplay. This technique is risky, especially with the odds changing constantly. To get it right, you need to be quick unless you may make a loss.

Conclusion

In matched betting, there is no guarantee of a specific result, and the profit you make each month will vary depending on your commitment. These techniques will not guarantee you success, but it ensures you remain profitably consistent at some level. Finally, these techniques or methods are not financial advice, but you can test them to know which suits you better. Then work on developing an actual plan to implement such a strategy.