The 6 keywords of Matched Betting

We understand, that the words “Matched Betting” can confuse you if your not familiar with the concept, not even mentioning the rest of the terms used! That’s why, we would like to explain to you the 6 keywords of Matched Betting!

What’s a bookmaker?

These are the websites that take our bets! When there’s a soccer game and we want to bet on the victory of a team, we will use a bookmaker like foxbet or pokerstars to place it.

When you do Matched Betting, we take advantage of the bonuses offers by bookmakers and thanks to our tools, you can turn them to real money without risks.

What’s a Back bet?

Simply put, is the classic bet you already might know. You make a back bet when: “You bet 10$ for LA Galaxy winner against Colorado Rapids”.

This way, we’re betting on LA Galaxy’s victory. By doing this bet, we trust on this outcome to happen. (that Galaxy wins).

When doing Matched Betting, you’ll make all your back bets on bookmakers.

What’s a bonus?

These are incentives, bookmakers offer in order to attract and keep clients. These are offered as amounts you can bet.

By doig Matched Betting, your goal is to get these bonuses, and turn them to real money.

What’s a “Qualifying bet”?

This is the bet you will have to make, in order to unlock a bonus. Terms and conditions to do so, will vary hanging on the offer*; but, generally, to get a bonus, you have to make a bet with your own money before. For Example, Pokerstars offers a 500$ bonus, after you register, deposit and bet 500$. This would be the qualifying bet, that unlocks the Bonus. In reality, is thanks to this bonuses, that you are able to make money.

*Remember that with NinjaBet’s guides, you’ll have steps by steps instructions on how to complete every kind of offer. Besides, you’ll have at hand all our tools, needed to maximize your earnings.

Do you need help with another term?

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