Introduction: Perhaps you have heard about Matched Betting? It has become a popular way to make money online, and in this article, we shall explain what it's and how it works. Matched Betting is a technique of leveraging free bets offered by bookmakers to guarantee a profit regardless of the outcome. This type of betting requires some knowledge and understanding of odds, but can be quite lucrative. Let's have a closer look at Matched betting and how it works so you can determine if it's right for you. What is Matched Betting? Matched Betting uses the free bet offers from bookmakers like William Hill, Ladbrokes and Paddy Power to create a guaranteed profit. It involves placing an original bet with your personal money on one outcome in a sporting event and other event, then placing an opposing bet utilizing the free bet offer from the bookmaker on the contrary outcome. Which means that regardless of which team wins or loses, you are guaranteed to produce money. Like, let's say there's an upcoming football match between Manchester United and Liverpool. You can place £20 on Manchester United to win with your own money at 11/10 (2.2) odds. Then you could use the free bet offer from the bookmaker to place £20 on Liverpool at 11/10 (2.2) odds as well. Aside from who wins or loses, you've placed two equal bets so that your total stake is likely to be returned minus any commission taken by the bookmaker – meaning you have made a guaranteed profit!  How Does Matched Betting Work? Matched Betting is relatively straightforward once you realize the basics. First, you need to discover which bookmakers are offering free bets or bonuses for new clients – these may often be found on comparison sites such as for example Oddschecker or BonusCodeBets.Then whatever you have to do is create accounts with those bookmakers and deposit some funds into them so that you can place your first bet with your own money – usually only around £20-£50 depending on the offer being used. Once that has been done, it's simply a case of trying to find events where both outcomes have similar odds – this ensures that irrespective of who wins or loses, both bets will return nearly identical amounts (minus any commission taken by the bookmaker). Then all that's left is to place both bets making use of your own funds and then utilize the free bet offer from the bookmaker to place an opposing bet on the opposite result - remember that many times with Matched Betting you'll need to wager through any winnings before withdrawing them! Conclusion: Matched Betting could be a good way to produce some more money online without having any prior knowledge or experience in gambling or sports betting - all it takes is some time and effort! However, if done incorrectly it may also cause losses rather than profits – so always do your research before getting started! With this guide in addition to practice and patience anyone should have the ability to start making money through Mathed Betting very quickly!