The Betfair Exchange has many different advantages over sportsbook betting, including giving punters the ability to lay a bet and guarantee profit. However, there are a creative division of punters, who use the ability, to guarantee profit, these are known as Matched Bettors, or in Exchange slang, Arbers.
It’s a strategy employed by many punters, due to the ability to guarantee profit from either the Sportsbook offer or the Exchange. It takes away the element of risk when placing a bet, by laying bets on the Betfair Exchange.
This method is utilised by a lot of punters as a great way to guarantee profit when signing up to new bookmakers and taking advantage of offers.
What is Matched Betting?
In very simple terms, it’s signing up to a bookmaker to take advantage of their offer, with the sole objective being to guarantee profit by laying your bet on the Betfair Exchange. On most occasions it will lead to free bets to the sum of the value of deposit/bet.
If you were to use an example of a Bet £20, get £20 in free bets. You’d have the ability to back a selection on a chosen bookmaker and lay the selection on the Exchange, by taking advantage of variation in the market, you guarantee profit.
The free bets are then yours to do with what you please, without risking any of your initial stakes. If you were to repeat the steps above for your free bets, you’d ultimately be able to make some cash from the offer itself.
If you have the opportunity to take advantage of a variation in odds between bookmaker and the Exchange. From your free bets, you should be able to turn that into at least £15 of profit over the four bets.