The first bet is to back (bet for) an outcome and the second bet is to lay (bet against) the same outcome. We need to find odds to allow us to do this, and depending on the stage, either breakeven or make a profit. In this article we summarise matched betting and tell you where to go next for further information.

Matched betting flow chart

Below is a matched betting flow chart. Be aware, the actions may vary depending on the terms of the free bet.

– Find a bookmaker that offers a free bet.
– Sign up to the bookmaker and deposit the free bet amount.
– Place a qualifying bet of the free bet amount.
– Find the right odds to back and lay against the same outcome and breakeven.
– By performing the above your free bet should be unlocked and ready for use.
– Place your free bet.
– Find the right odds to back and lay against the same outcome and make a profit.
– Repeat the above with numerous bookmakers.

The matched betting concept is easy but to carry out matched betting in practice it is much harder. After reading my guide you should be comfortable with the dnabet concept and have a basic understanding as to how to carry it out. However I would suggest you read more about the subject to gain a further understanding. There is a good guide on Learn Matched Betting (www.learnmatchedbetting.co.uk).

Best free bets for matched betting

Many people ask what are the best free bets for matched betting. Well I’d recommend targeting stake returned and stake not returned free bets, leaving wager requirements until you are more experienced.