Online Matched Betting Ireland Tools Make It Easy for Beginners
There have always been players in the sports wagering industry who are looking for a decent profit with no risk. This culture has been developing for years, and now, the players can place beneficial wagers from the comfort of their homes. Multiple matched betting Ireland platforms in combination with some smart tools make the process rather intuitive even for aspiring punters.
What is matched betting?
It is important to understand the concept of matched betting Ireland strategies before getting deeper into the topic. Thankfully, it is rather easy to explain. The main strategy involves placing two bets on the opposite outcomes to extract the maximum possible benefit from the promotions on sports wagering platforms. Essentially, a punter needs to match their free bet by an opposite wager to guarantee themselves a profit.
How is it done?
Expectedly, the process involves creating accounts on different sports wagering platforms. The first one would be the matched betting Ireland website that provides the bonus, while the second sportsbook will be used to eliminate the risk of losing the bonus funds. Thus, the first step is all about preparation: the player has to set up both profiles, grab the bonus on one of the accounts and add up the same amount of funds to the second account’s balance.
The second step involves finding a match with worthy odds. For example, in a soccer game, it is beneficial to find a match with odds higher than 2.00 for victories of both teams. In such equal matchups, it is possible to make a larger profit of a matched wager. Once such a match is found, it is important to check the odds on the second platform. The odds on the opposite result should also be around 2.00.
Once the preparations have been made, the player should place the bonus wager or the free bet on the first account, predicting one of the teams to win. Then, it is necessary to match the original bet. To do so, the player should place an opposite bet on the second account, implying that the selected team will not win.
An example
Such an approach allows the punter to benefit in any case. For example, the user could place a 100 EUR free bet on the victory of a team in a soccer match with odds of 2.00. The player has also matched the wager with an opposite prediction: they have placed a 100 EUR bet on the market that implies the selected team losing or the match ending as a draw. The odds for the prediction were 1.80.
Thus, when the match ends, the user benefits in any outcome. If the selected team wins, they get 200 EUR, doubling the sum they have invested and cashing out the entire free bet. If the team does not manage to win, the punter still receives 180 EUR, which compensates for the original wager and grants 80% of the free bet on top of that.
Modern Tools
The modern matched betting Ireland tools make the process significantly easier for beginners. Essentially, there are online tools that can help the user on almost every stage of the process. First of all, there are many websites that aggregate the odds for upcoming matches on all platforms. It will help with finding the sportsbook to place an efficient matched bet by finding the best odds on the opposite outcome.
Secondly, there are multiple online calculators that help the player to get the maximum value from matched betting. The user has to enter the data regarding the odds for the upcoming event and the sum of their free bet, and the service will automatically calculate the most efficient sum to match the initial wager. Adjusting the sum of the second wager is helpful to decrease the potential losses, optimizing the process even further.
