What is No Risk Matched Betting?

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Welcome to our guide to a no risk matched betting strategy. This kind of betting strategy has become very popular with plenty of online sports betting fans and for very good reason, but unfortunately, it is not a strategy available in the United States.

PromoGuy’s expert guide will explain how no risk betting works, and also tell you about a fantastic betting strategy that US players CAN use. So sit back and find out how PromoGuy can enhance your betting experience and deliver you some incredible returns when you subscribe for free!

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No risk matched betting

If you are looking to add some more depth to your betting endeavors, it may be a good idea to start with a no risk matched betting strategy. As the name suggests, this is a betting strategy that largely gives players control over the outcome. Is this a strategy that players can use all the time? Well, that depends on the sportsbooks you sign up for.

The basics

Have you asked yourself, what is matched betting? Well, the premise of no risk matched betting is actually quite straightforward. The idea is that you cover both outcomes of a match. Meaning, you would bet on a team to win and then place a bet on that same team to lose

But if standard sportsbooks don’t allow you to bet on a loser, how can you make this strategy work? You make it work by placing one back bet (betting on a team to win) with a standard online sportsbook while placing another lay bet (betting on the same team to lose) with a betting exchange sportsbook.

Before you can do this though, you need to find an online sportsbook that is either running a free bet offer for existing players or at the very least, one that is offering a new player offer that gives you a free bet bonus. You will then need to place a qualifying bet that will lose in order to get your hands on the free bet bonus. Once your qualifying bet settles and your account is credited with your free bet offer, you then wager your free bet bonus on odds of your choosing (as a back bet).

On the betting exchange you have found, you will place a bet of the same size but on the same team to lose. This way, you have covered both outcomes and will therefore walk away with some kind of profit. It’s fair to say that most online sportsbooks are not overly fond of this no risk matched betting but it is legal. A matched betting strategy can be a great way to make the most of any free bet promotions you come across.


The pros and cons of no risk matched betting

A matched betting strategy can be super useful and can give you an edge over the sportsbooks you use. However, like any betting strategy, it comes with its own pros and cons. Here are a few things to consider before using a no risk matched betting:


Making the most of your promotions: most sports bettors would use their free bet offer on a wild bet that would more than likely fail. With a matched betting strategy, there is more attention to detail and a much higher chance for profit.

Time vs reward: as far as the actual effort vs regards goes, a matched betting football strategy is one of the best. You can put in fairly minimal effort with a strategy for a rise in your betting profits.

Essentially risk free: a no risk matched betting strategy comes with little to no risk. You are covering both outcomes. One is with your own capital while the other is with a free bet offer you received.


You may have your account restricted: as we mentioned earlier, online sportsbooks have not been known to receive this kind of betting strategy very well. It is legal, but they are within their rights to restrict your account if they suspect you of using this betting strategy.

Requires attention to detail: a no risk matched betting strategy will require focus. You need to take a closer look at the odds, make sure you have placed your bets correctly, and make sure that the odds are worthwhile.

Alternative betting strategies

Unfortunately, you won’t actually be able to use a strategy for matched betting in the US right now. That is due to the fact that there simply are no betting exchanges to place your lay bets with. So, until that (hopefully) changes in the future, you will need another betting strategy to use in the meantime and we think we have just the one. Ever wondered “is value betting profitable?” Well, here is the answer.

An expected value betting strategy is a great way to go if you are someone who is frequently placing bets on sporting events. Expected value is essentially the difference in probability expectation between the bettor and sportsbook. A sportsbook will set up their initial odds on a fixture. The trick is to make sure you are analyzing these odds as early as possible. We cover an expected value betting strategy in detail on our site, where you can also find out how to use our EV betting calculator in more detail as well.

Conclusion to our guide

A no risk matched betting strategy can be a fantastic strategy to use, and you can always use it should you find yourself outside of the US. For now, though, you will need to look elsewhere for a reliable betting strategy which is why we recommend checking out our guide on EV betting.


What is no risk matched betting FAQ

❓What is no risk matched betting?

There are certain avenues that bettors can take when they wager on their favorite sports. One of these is a no risk matched betting strategy. This type of strategy can be very effective when used correctly but that is just it, it needs to be used effectively. Our guide to using a no risk matched betting strategy will shed some light on everything you need to know about this kind of approach to online sports betting so that you know exactly how you can use it to your own advantage.

🔐How safe is a no risk matched strategy?

While some online betting strategies are certainly enticing at face value, they can be very risky to use at some point. The name no risk matched betting might suggest that there is no risk involved in using this kind of strategy but we leave nothing to chance. Our guide to using a no risk matched betting strategy lets you know exactly how safe this kind of strategy is to use and if there are any pitfalls that we think you should avoid when using this kind of strategy.

📱Can I execute a no risk matched betting strategy with a mobile app?

The best online betting sites will allow you to place your bets using a mobile app of their own design. At the very least, you want to be able to use a mobile version of the site with your mobile. With that said, these apps may at times not give you the full extent of tools that the desktop version of a site might. As such, our guide to using a no risk matched betting strategy will give you some insight into how easy the strategy is to use via a mobile app, if at all.  

💵Do I need a lot of money to do a no risk matched betting strategy?

There are certain strategies that will require you to invest a decent amount of your own money to make them work well. This is not the case for all betting strategies but it is fairly common. As such, our guide to using a no risk matched betting strategy makes sure to check up on the specifics of the bankroll that you might need. We want to make sure that our readers aren’t having to spend exorbitant amounts of money to use this strategy.

📍Are there any alternatives to a no risk matched betting strategy?

There is indeed! If you find that a no risk matched betting strategy isn’t for you after reading our guide, we can point you in the direction of several other viable betting strategies for sports. Check out our guide to learn more about these strategies and where you can find detailed guides about all of them.

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