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No Risk Matched Betting

Matched Betting in the USA

No risk matched betting is a hot topic on sports betting blogs, tipster sites, and forums. In fact, free matched betting is one of the most talked-about trends in the betting world right now.

With that being said, we see very few people giving you direct information and actionable tips. That's where we come in — keep reading to learn everything you need to know about matched betting USA.

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What you need to know about matched betting USA

No risk matched betting involves using the various free sportsbooks bonus codes. Bettors who utilize this strategy simply bet on all the outcomes of a game where the odds and lines can guarantee a payout. Similar to arbitrage betting, matched bettors place both back and lay bets on a game with mispriced odds and lines. The difference is that matched bettors utilize free bonus offers and other promotions to place their bets. When bettors place both bets successfully during the time window where odds and lines are subject to change, in theory, it's possible to secure a guaranteed win. The downside? Matched betting USA isn't available right now.

No risk matched betting would most certainly be a popular strategy of choice for players in the USA, but for now, there's a major catch. In the US, the legislation stands in the way of bettors hoping to experience the benefits of free matched betting. According to the Federal Wire Act of 1961, it is illegal for bettors in the US to place bets from one state to another. All bettors must be physically present in the state in which they place their bets to remain compliant with the law. With that in mind, profitable betting exchanges are unavailable in the USA. This means that bettors are unable to place lay bets and complete a successfully matched bet from within the USA.

Since the Supreme Court decision in 2018, it's down to individual states to take care of their own rules and regulations surrounding sports betting online. Because sports betting isn't legal on the federal level and players can't bet across states, matched betting in the USA isn't a recommended strategy. Instead, you can shift your attention to EV betting (more on this later). In the meantime, we still want to run you through what no risk matched betting is and how you can learn from the concept to improve your game even though you're unable to utilize this strategy in the USA right now.

What is no risk matched betting?

No risk matched betting is used by bettors around the world who are often known as "sharp" bettors. This is one of the only strategies where if done successfully, it can guarantee a profit. In most cases, players look for free bets or risk a small loss by making a deposit to qualify for a bonus. Matched bettors will then use the bonus funds to both back and lay the same game or event with mispriced betting odds and lines at different sportsbooks. As a result, locking in a profit regardless of the outcome. With the correct calculations to determine the particular lay stake, bettors who successfully follow this strategy will guarantee themselves a win.

In Europe, the popularity of matched betting has skyrocketed. Matched betting is also referred to as ‘bonus grabbing’ and acts as more of a short-term strategy for a few reasons. For example, promotions have time limits and there are restrictions on the number of bonus offers you can use per account. As you can probably imagine: this strategy is favored among the players, but not the bookies. The downside for players is that, unlike value betting, sportsbooks can easily sniff out players who are exploiting the matched betting opportunities. It's not uncommon for players to have their accounts restricted or deleted entirely for taking advantage of these loopholes. Despite the risk of losing accounts and facing future bans, many bettors believe that the rewards outweigh the risks.

The process

Here is the process that people follow for matched betting:

  • Identify an opportunity where odds are mispriced at two sportsbooks.
  • Place a back bet on a result.
  • Place the lay bet at a different sportsbook.
  • To keep losses at a minimum, the closer the odds/lines are to the back bet, the better.

While no risk matched betting is excellent in theory, it can be slightly different in practice. In addition to the fact that it's only a realistic short term strategy, there are some more downsides too:

  • Sportsbooks reserve the right to restrict and limit your accounts.
  • This isn't a viable strategy for players in the USA, even with an arbitrage finder.
  • Profit margins are thin.
  • Errors can be costly.
  • Odds and lines can change before you successfully place the lay.
  • Terms and conditions for bonus offers can change without warning.

The issue of betting exchanges and matched betting USA

Traditional bookmakers apply an over-round on the odds for sports. The purpose for an over-round is for the sportsbooks to secure profits on every bet. On the other hand, betting exchanges operate in a different way, potentially giving you a betting edge. Instead of betting exchanges accepting bets directly, they simply provide you with a platform where you can bet against the odds and lines at different sportsbooks. When you bet through an exchange, all of the bets you place need to be "matched". Basically, this means that when you place a back bet, you can only successfully match the bet when another bettor decides to bet on the lay. All unmatched bets will be canceled when the event begins.

At a regular sportsbook, they instantly accept your bet, so you won't have to wait for a bet to be matched. Betting exchanges are platforms that simplify the process of peer-to-peer betting. While they're immensely successful in Europe and other parts of the world, betting exchanges are unavailable in the USA. Due to the Federal Wire Act, bettors in the USA are only able to bet at sites regulated within their state of residence.

It's thought that betting exchanges would struggle to survive on an individual state level due to low levels of liquidity. Without lots of liquidity, exchanges struggle to function properly. Liquidity at betting exchanges comes from the users. The more users, the higher the liquidity, and thus the betting exchange can operate successfully. For now, there simply isn't the user base to facilitate betting exchanges on a single state level. And most importantly, exchanges that don't accept lay bets, simply can't provide players with no risk matched betting.

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The best alternative to matched betting: EV betting

Instead of matched betting, especially for players in the USA, we recommend that you shift your attention to other strategies. You’re surely looking for the sure bets of the day. Namely, EV betting. This is at the core of all the most reliable tips and predictions. Value betting involves hopping on betting opportunities where sportsbooks have mispriced or made a mistake with their odds. Essentially, you compare the different odds and lines for a particular game and identify opportunities where there is a positive expected value. When you do this consistently over long periods of time, both the laws of probability and large numbers are on your side. This is the best alternative to matched betting that's available to players in the USA.

Whenever the odds and lines at sportsbooks deviate from the accurate odds and lines created by sharp sportsbooks and exchanges, this creates a profitable betting opportunity. When it comes to top tips and predictions, you should only focus on the ones based on the expected value and how you can capitalize on odds and lines that are too high. While no risk matched betting can guarantee profits for players in the short term, things become dicey in the long run and there are plenty of risks too.

On the other hand, EV betting gives you the chance to gain an edge in the long run. Even though you will win some bets and lose others, consistently betting on overpriced odds/lines is one of the most profitable strategies in the long run. I you wan to know more about EV betting and how to get the best picks, take a look at our other EV betting products, like PromoGuy Pick'em and PromoGuy Plus.

Reasons to choose EV betting instead of matched betting

  • EV betting is a more sustainable long-term strategy.
  • Gain a mathematical edge over the sportsbooks.
  • Matched betting requires lots of research and timing.
  • Easier to identify EV betting opportunities, even on the best live betting sites.
  • Matched betting is unavailable in the USA.
  • You can utilize EV betting strategies with one sportsbook account.
  • You are less likely to have your account restricted.
  • Bigger profit margins by focusing on value bets.

How to start EV betting in the USA

Get started with EV betting at betting companies in the USA by making predictions based on data and expected values. EV betting strategies have proven to be successful for those who can remain disciplined and patient. Note that short-term fluctuations are unavoidable, so make sure that your bankroll can accommodate the EV betting strategy in the long run. When you consistently place bets using profitable odds and lines, this is how you can get the ball rolling by shifting the probability in your favor.

Our final verdict

Matched betting is undeniably a great strategy that players can use to guarantee a winning bet. In Europe, this type of betting strategy is immensely popular. In the USA however, the federal laws impact people's chances of getting involved. Due to the fact that betting exchanges are unavailable in the USA, it's not possible for players to create a matched bet. While this strategy is not currently feasible for players in the USA, there's an excellent alternative: EV betting. Do you like the concept behind matched betting and how it can be used to secure profits? If so, we're sure that you'll love what's possible with the use of the EV betting strategy too.

And the good news is: players in the USA are fully capable of utilizing this strategy. Value betting gives you the chance to exploit opportunities that arise when sportsbooks deliver odds that are inaccurately too high. And with the right knowledge, you can identify an abundance of EV betting opportunities available at various sportsbooks in the US. Even though profits are more volatile in EV betting than matched betting, it is a much more realistic and sustainable long-term strategy. Be sure to consider using these strategies to take your betting game to a new level!

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No risk matched betting FAQ

✅ Can you make a living from sports betting?

If you're looking to make consistent gains from sports betting math, we’re here to help. Learn how you can utilize strategies based on mispriced odds and lines to exploit profitable betting opportunities. Be in with the chance of gaining a mathematical edge over the sportsbooks and secure profits in the long run. What we share here, the sportsbooks don't want you to hear! Learn the secrets to success.

❓ Is no risk matched betting legit?

Matched betting can give you the chance to secure profits without any financial risk. By betting on both the back and lay of an outcome with mispriced odds, matched bettors can win regardless of the outcome. While this works in theory, there are lots of things you need to know about this betting strategy and whether or not it's a legit approach for players in the USA. Find out everything you need to know right here.

🙋‍♂️ Can I guarantee a win with matched betting?

What exactly is matched betting? How can players guarantee a winning bet? Is this strategy available to players in the USA? Is matched betting available on a betting app for sports? These are all common questions that we answer right here.

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