Risks of Matched Betting
What are the risks of Matched Betting?
The only risk in Matched Betting is that you make a ridiculous mistake.
For example, in a football match, you back the home team and lay the away team. There are three possible outcomes that this scenario will produce:
1. Home Win – your back bet wins and your lay bet wins, giving you double profit.
2. Draw – your back bet loses but your lay bet wins, giving you the same profit as if you had placed the correct bets.
3. Away Win – your back bet loses and your lay bet loses. This is the worst case scenario and the point at which you will be banging your head against a wall.
To prevent this from happening:
a) Always double check your bets before placing them
b) Don’t place bets while tired