Instead of betting against a bookmaker, you bet against other people. Betting exchanges allow users to propose a bet that they want to place. The second user here effectively plays the role of the bookmaker. Doing this allows you to cover all of the outcomes of an event using only two bets, even if there are more than two outcomes.
There are three possible outcomes — home win, away win, or a draw. Sign up to Betfair Matched Betting Blog receives a small commission when you sign up to Betfair via the link above. It helps support the site and keeps it free for everyone to learn matched betting. It may not be the biggest welcome offer, but I advise new matched bettors to start small and work their way up. The information on the site should not be considered financial advice. Always seek financial advice if you are unsure of how to manage your finances.
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