What is the difference between Betting and Trading?
Are you interested in betting, or is it trading you like more? Do you have a plan to invest more time and money in either of the activities? It is useful to know the differences between betting and trading. When your ideas are clear, you can proceed accordingly.
What is betting?
Betting, in simple words, is placing a bet on a specific outcome. Usually, sports betting activity involves a combination of various outcomes. Matched betting is a special form of betting. In recent years, UK market has been witnessing a surge in its popularity.
Also Read: Matched Betting For Dummies - Complete Guide
What is trading?
On the other hand, trading is mainly associated to the financial market of an economy. The assets are traded, predicting their prices in the future. There are trading portfolios in this field. The dynamics of trading is markedly different when compared to that of betting.
Quicker results
When you bet, you can expect quick results. For example, the result of a league football match is revealed after 90 minutes. It is not the case with trading, in most cases. You have to remain patient. The time-bound consideration is a major difference in this context.
Free offers
While betting, you receive free offers from the bookmaker. It happens when you are new to the platform. The bookmaker can also offer you free deals to keep you loyal to the site. Such things don’t happen when you are involved in trading. You don’t get any such offers.
Bonus deals
Another chief difference between betting and trading is the prevalence of bonus deals in betting. Periodically, as a bettor, you get such deals from the bookmaker. The bonus deals help you to increase profit margins. There are no such deals in the trading circuit. You don’t get any special benefits.
The volatility factor
The trading circuit can suddenly become very volatile. Also, the dynamics can be artificially manipulated. It harms the effectiveness of investment strategies. You don’t face such things when you are betting on a reliable platform. There is very less or no volatility. Your investment remains safe.
Paying / not paying taxes
When you earn profits from trading, you have to pay taxes to the government. It is mandatory. But, there is no such obligation in the case of earning profits from matched betting. You don’t have to pay any taxes to the government. You keep all earnings with you.
Extent of involvement
Trading requires more involvement. You have to spend more time in the circuit. Forming and implementing suitable trading strategies require heavy brainstorming. But, when you are involved in matched betting, there is no need to spend so much time. The dynamics are not complex.
Avail expert service
When you want to know more about betting activities and their benefits, it is judicious to avail Free Matched Betting Service from expert sources. It makes you more confident and focused. You are able to build effective betting strategies that increase profit margins, especially in the long run. All the best on your betting journey!
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Back bet = betting on something to happen
Lay bet = betting on something to not happen
Betting Exchange = somewhere you can place lay bets
Profit Squirrel = the home of matched betting
Matched Betting = continue reading below 😁
Fractional odds = odds as a fraction (e.g. 4/1)
Decimal odds = odds as a decimal (e.g. 5.0)
What Is Matched Betting?
Matched betting is one of the best ways to make money online. It’s a simple technique that allows individuals to earn a guaranteed profit from bookmaker free bets and promotions.
How does matched betting work? It involves betting on all outcomes of an event, removing the element of chance, whilst at the same time receiving free bets and other amazing promotions from the bookmakers. These free bets can then be converted to cash profit. The reason it is called ‘matched’ betting is because you are matching your bookmaker bet with an opposite bet on a betting exchange.
Matched betting has been around since the first betting exchange in 1999. Previously this technique was reserved for betting traders only, but thanks to Profit Squirrel and our simple to follow, step-by-step guides, we have made it easy for absolutely anyone to make money. Over 70 per cent of our members had never placed a bet in their lives before starting matched betting. We guide you through and support you every step of the way, starting with as little as £10 and making up to £1,000 from the bookmakers sign-up / welcome offers alone!
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Do I need betting experience or sports knowledge?
Nope! You don't need any knowledge of sports or betting to make money from matched betting. We have step-by-step, written and video instructions on all of the offers – you’re guaranteed to make money. The outcome of the event is irrelevant, so any prior knowledge or experience with sports is not needed.
As previously mentioned, over 70 percent of our members had never placed a bet before starting with Profit Squirrel.
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Is Matched Betting Legal?
Sounds too good to be true, right? Matched betting is 100% legal. Profit Squirrel has been enjoyed by over 100,000 people in the UK and has national coverage in The Guardian & The Telegraph. We're simply taking advantage of bookmaker's generous free bet promotions.
So long as bookmakers offer sign-up bonuses and ongoing free bets you will always make guaranteed profits with matched betting.
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Does It Involve Gambling?
Matched betting is not gambling. Despite having the word 'betting' in the name, as well as using betting platforms in our execution of the technique, there’s no gambling involved.
Profit Squirrel teaches you exactly how to cover all outcomes so that no matter the result, you can profit from the free bets.
Start Profiting From Matched Betting Today
A Brief History..
Frequently Asked Questions
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Is Matched Betting available outside of the UK?
Profit Squirrel is the best matched betting site focused on both United Kingdom and Republic of Ireland residents. It could well be that bookmaker's offer profitable free bet promotions in your country of residence, but they will likely vary from those listed on Profit Squirrel. The same principles still apply wherever you are in the world, but you will need to find the offers yourself.
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Will it affect my credit rating and/or mortgage application?
Using bookmakers will not affect your credit rating. Bookmakers only carry out a 'soft search' in order to verify that your registration details are correct. This will never impact your credit rating. Which makes sense as you are not applying for any kind of credit.
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What if I already have some bookmaker accounts?
Even if you have a handful of bookmaker accounts already, we have over 70 welcome offers alone, so there will still be plenty of profit on the table.
We also show you how to make money from your existing accounts too. Sign up and start making money, today!
What is Profit Squirrel?
Profit Squirrel is the home of matched betting. We specialise in helping newbies learn & earn with matched betting, so that they can start profiting from Day 1.
We provide free video guides, software, and calculators. Making money online has never been easier. Profit Squirrel provide many support options, including, live chat (on the website), WhatsApp messenger, email support and a private Facebook community with over 30,000 fellow members.
Your Next Steps...
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Follow our Matched Betting Guides
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Make a start with your first welcome offer
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We have lots of support options!
If you don’t receive an email from us, check your spam filter. The email will be from no-reply@profitsquirrel.co.uk