Is Matched Betting Legal or is it a Scam?
Online betting in the UK has become a hugely popular way to place bets on football matches, horse races and even online casino games. One way that bettors are really profiting from all of these betting opportunities is through matched betting. This simple betting method makes it easy to start generating a profit from your bets, yet many people wonder if it’s really a legitimate way to make money.
When users see how easy it is to make a profit through matched betting, they often start asking questions like "Is matched betting illegal?" and “What’s the catch?”. Matched betting is completely legal, and when done correctly, it can be a simple and fun way to make some extra money. There’s no catch and it’s definitely not a scam! Bettors just need to understand a few things about matched betting before they dive in.
What is Matched Betting?
Matched betting is still a relatively new concept to most people even though it's been around for over a decade, and as a result, not everyone understands how it works. Basically, bets are placed on both sides of the table in matched betting. The bettor places a bet for an outcome to occur and then places a second bet against that outcome. No matter what, you win! Once the bets are placed, you can start taking advantage of the free bet offers that betting websites use to lure in new customers and to encourage repeat business. Using these free bets and bonus offers is the key to start making big money with matched betting.
How is Matched Betting Legal in the UK?
You may be thinking this all sounds too good to be true, however, matched betting is completely legal in the UK. The betting industry is incredibly competitive and with more betting sites coming online all the time, bookmakers have to find ways to attract new customers and encourage repeat business. This often comes in the form of free bets for new accounts, deposit bonuses and other offers for returning customers. As long as you are over the age of 18, you can take advantage of these types of offers and start making a profit through matched betting.
But it Sounds too Good to be True!
If you have never placed a bet before, it might seem like making money through matched betting is too good to be true. Doing this on your own can be really difficult and time-consuming as you'll need to follow the terms and conditions of the specific offer as they vary quite widely between each type of offer. That's exactly why Profit Squirrel exists, our experts do all that hard work for you, so all you have to do is follow our step-by-step guides for every offer and cash-in with each one. You can make a really nice profit in a completely legal way.
Bookmakers want to attract new customers and encourage them to come back for more. Taking advantage of free bets and deposit bonus offers isn’t illegal, but bookmakers don’t really like it if you only bet this way. They could limit your account if they think all you are doing is taking advantage of their offers. To prevent this from happening, we provide tips and strategies to make sure you're bookmaker account is in good standing, this will also help bookmakers view your betting activities in a more positive light and they'll in turn offer you even more free bets and bonuses! Win-win. Get Started Today and See Just How Easy it Really is.
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