When it comes to matched betting, there are plenty of different aspects that need to be considered if you want to make the most of these techniques. One of the questions we aim to answer here at OddsMonkey is what users should be placing their bets on. Whilst matched betting allows users to bet on a lot of different selections, from rugby to cricket, users can cover all outcomes by placing a back and a lay bet. Here at OddsMonkey, we will look at some of the things that bettors can look at to make the most of their matched bets by finding the best odds.
How To Find The Best Odds For Matched Betting
When placing matched bets, it is important to note that the closer your back and lay odds are, the more money that can be made is possible through matched betting, meaning finding these closer odds can be essential to making the most of your matched bets. The lower the lay odds, the more money you’ll get from your free bet. If you are looking for more advice on free bets, check out our ‘Risk-Free’ offer guide, which talks about all of them.
Whilst there are plenty of different elements for bettors to consider, there are also tools available at OddsMonkey which are available to be used, such as the Best Odds Guaranteed Matcher (BOG). This tool ensures that users are finding the best odds for their bets whilst we also offer an in depth guide on site which is extremely useful! Check out our What is Best Odds Guaranteed guide here.
Alongside using these handy tools, there are some major aspects to consider when it comes to bettors deciding what they want to place matched bets on.
What To Consider When Finding The Best Odds For Matched Betting
One aspect to consider is the profile and reputation of the competition that you are betting on. For example, betting on high-profile events with matched betting is your best bet, as it will make sure you are not sticking out like a sore thumb. Betting on sports like football and betting on the Premier League is a huge market for users, so betting on this competition is a great idea. We offer some great football betting tips in our football-matched betting guide. Users can bet on other sports, such as rugby and cricket, but betting on high-profile competitions is the best idea.
Another consideration is to use your bet type effectively. What we mean by this is if you are using a trigger bet, then it is important to find low odds which keep your liability low, it will also leave you with more funds to go after different betting selections. If bettors are wanting to learn more about liability, look through our ‘Understanding liability‘ guide!
On the flip side, if bettors are using a free bet then they want to be going after higher odds as this will make more money when accompanied with matched betting techniques.
Finally, it is important to consider how close the back and lay odds are; the closer they are, the larger the amount of money that can be made from matched betting. This is an important consideration as it makes sure that the matched bet is worth performing. We advise users to use our matched betting calculator before they place any bets to ensure they are using the right odds and stake amounts.
Finding The Best Odds At OddsMonkey
As previously mentioned, the BOG is incredibly useful for users who are looking to use the best odds on the market. This means if you place a bet with fixed odds and the odds become better later on, then the bettor will be awarded the return amount of the best odds available.
This is an incredibly useful tool that can help bettors earn even more when it comes to matched betting.
OddsMonkey is the place to be when it comes to the wide range of different matched betting tools; the site also contains plenty of betting calculators, which are useful to all types of bettors. Make sure to use our calculators, such as our Dutching calculator and our Each Way bet calculator.
