FREQUENTLY ASKED QUESTIONS
Our answers to the most frequently asked questions.
What is matched betting?
Matched betting is a technique to make money online through bookmakers promotional offers and bonus bets. Matched betting is not gambling, but instead a risk-free technique that is 100% legal. Bookmakers give away huge cash sums as a way to attract customers in betting with them and not their commpetitors. By exploiting these offers matched bettors are able to create risk-free profit. Instead of relying on luck, matched betting uses mathematics to turn these bonus bets into cash by coving all possible outcomes of an event so a profit is made every time.
Can you really make money matched betting?
Yes! At Lay Back Bets we all make $100’s of dollars every week. However, matched betting isn’t a get rich quick scheme. The more effort you put into it, the more profits you will see come out of it.
Is it risk-free?
Matched betting is generally regarded as risk-free providing it is executed correctly. Sometimes tiny amounts are lost in order to unlock bonus bets, but this loss is quickly absorbed once the bonus bets are placed and the profit is made. It’s risk-free because all possible outcomes are covered when betting on a specific event. By covering all outcomes there is no chance that your bets can lose. The profit comes when you cover one of these outcomes with a bonus bet.
What is a bonus bet?
A bonus bet is money that a bookmaker puts into your account that can be used to place a bet. Bonus bets are basically free money given out by the bookmakers, however you can only withdraw once you have bet them.
Is it legal?
Matched Betting is 100% legal. In fact, a spokesperson from William Hill has even said that the betting industry does not have a problem with people using their bonus bets in this way.
Do I need to be good at maths?
Matched betting has been around for more than a decade, but due to the difficult maths involved in it not many people have been able to take full advantage of the offers. Until now there has been limited inroads into matched betting. However, Lay Back Bets has done all the hard work for you and with just a few clicks and keypad inputs into our calculators everything is worked out for you, allowing everyone to make profit from matched betting rather than just the maths geniuses.
Does it involve luck?
Sometimes matched betting does involve a good old bit of luck, but just because it involves luck doesn’t mean there is risk of losing money. Providing you cover all the possible outcomes of the event then you can never lose.
How much can I make from sign up offers?
There is well over $3000 of sign up bonus bets in some states to be had right from the start. And you can convert about 70-80% of the value of these bonus bets into cash!
How do I make money once I have finished all the sign up offers?
Bookies run a vast array of daily promotions with the chance to unlock bonus bets. Once all of the sign ups are completed you then make your money through the daily promotions, which we upload to the site on a daily basis.
How much can I make from daily promotions?
You can easily make $200-$300 a week matched betting for just an hour or two a day. If you wanted to put more effort into matched betting then you can see $500+ a week and sometimes (when luck is on your side) you can win more than $500 from a single offer! As previously stated, the more effort you put in, the quicker you will see returns.
How much cash will I need to start with?
The more money you can use, the faster you can make money. We recommend a minimum of $200 cash to start with, but it will take considerably longer to make money if you only start with this amount. If you can afford $500 then you can expect to see results a lot faster. If you really wanted to smash all of the bookmaker sign up offers then $1000 would allow you to do this. Remember, your money is never at risk!
I’m not an Australian citizen can I still sign up to the bookies?
Yes you can, providing you have a bank statement or utility bill to show that you are living in Australia.
Why trust Lay Back Bets?
We have years of experience matched betting, making consistent profits both in the UK and Australia. We have the knowledge and we want to share it with you! We are so confident about how much you will love the site, that we offer a money back guarantee after the first 7 days of usage if you aren’t fully satisfied.
How do I get started?
Get started by signing up to be a FREE member and we will help you earn up to $80 with your first matched bet. Alternatively, sign up to the Pro membership to be on your way to continually earn up to $500+ per week matched betting with Lay Back Bets.