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Matched Betting in 2023: A Profitable Side Hustle with Reduced Returns


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Is this the real life? Is this just fantasy?

In 2023, matched betting remains a popular technique for making money from bookmakers' free bet offers on sports events. Contrary to popular misconception, matched betting is legal and not a form of gambling. It allows you to know your winnings upfront, making it a low-risk venture. However, with changes in bookmakers' practices and reduced generosity in free bets, the landscape of matched betting has evolved. In this blog post, we'll explore how matched betting works, its risk-free nature, whether it's still worth


pursuing in 2023, and ways to optimize your earnings.


How Does Matched Betting Wo


rk?

Matched betting involves placing both "back" and "lay" bets on different outcomes of the same event with two different bookmakers. The process starts with placing a qualifying bet to unlock the bookmaker's free bet offer. Once the qualifying bet settles, you use the free bet amount to back an event outcome and cover the risk by laying the same outcome in a betting exchange.


Is Matched Betting Gambling?

Matched betting is not gambling since you're guaranteed a profit irrespective of the event's outcome. Unlike traditional gambling, you use the free bets to cover both possible outcomes, minimizing any potential losses. By using a matched betting calculator, you can accurately calculate your winnings before the event concludes.


Is Matched Betting Worth It in 2023?

Despite changes in the bettin


g landscape and reduced generosity in free bets, matched betting can still be a profitable side hustle in 2023. While the initial returns may not be as significant as in the past, dedicating time and effort to matched betting can still yield a decent profit of over £300. It's an excellent option for those seeking a legitimate work-from-home opportunity with minimal risk.


The Evolving Landscape of Matched Betting

Over the years, bookmakers have become more vigilant about matched betting, leading to account restrictions or cancellations for matched b


ettors. Additionally, bookmakers now offer fewer and less generous free bet offers compared to the past. Despite these challenges, matched betting can still be profitable with proper planning and the use of reliable resources.


How Long Will Matched Betting Last?

Matched betting is likely to continue as long as bookmakers compete for customers by offering free bets. However, the longevity of individual matched betting opportunities may vary based on bookmakers' strategies and the actions of individual bettors. Some experienced matched bettors use "mug" bets occasionally to maintain the appearance of regular gambling and continue receiving free bets for longer.


Is Matched Betting Really Risk-Free?

Matched betting is mathematically risk-free if instructions are followed carefully, and mistakes are avoided. Human error, such as placing the wrong bet or not reading the terms and conditions, can introduce a small risk of losing money. However, using reputable matched betting resources and platforms can help minimize these risks significantly.


Conclusion

Matched betting remains a viable and legal method to earn money from bookmakers' free bet offers in 2023. Although returns may not be as substantial as in the past, matched betting can still provide a decent side income with minimal risk. To ensure success, it's essential to follow instructions diligently, avoid mistakes, and use reliable matched betting platforms like Outplayed. Remember, matched betting should be approached as a legitimate side hustle rather than a get-rich-quick scheme. With the right dedication and approach,


matched betting can be a rewarding and enjoyable way to make money online.


If you don't have the time, resources or know ho


w for matched betting, you can still benefit from your bookmaker accounts in a risk free way, by using the services of a company like ethicalbettors.com





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