Alternative Strategies for Matched Betting | Exploring Other Betting Techniques

Spicing Up Your Sports Betting

Hey there, folks! Let's talk about alternatives to the traditional matched betting strategy. While matched betting can be quite profitable, it has its drawbacks. Here are some other options to try out at top US sportsbooks that can help you diversify your betting game.

Remember, none of these strategies are entirely risk-free, but they can help you reduce the chances of loss and try to turn a profit.

Worth Trying Betting Methods

The basic idea of matched betting is covering all the game's possible outcomes to ensure a profit. We've come up with some alternatives that offer similar potential, each with its unique strengths and weaknesses. Let's compare them directly to matched betting and analyze the risks involved.

#1. Dutching Futures or Alternative Markets

Dutching is a more sustainable option than matched betting, though it doesn't mitigate losses as much. It can be utilized across various betting markets, but for sports enthusiasts, it's best applied to futures bets (think league winners). The strategy works when there are three or more teams with a good shot at winning. For instance, in futures bets where four teams may win the league. The odds should be long on all four teams, allowing you to place bets on each team to win and make a profit, no matter who finally takes the title.

#2. Arbing at Betting Exchanges

Arbitrage betting, aka "arbing," is a little like matched betting in that it locks in profits and covers all possible outcomes. However, you won't need bonus bets for arbing, but you'll need a significant difference in the match odds to make it work. The potential ROI is around 3%, but you can hit much better returns if you turn to betting exchanges like Novig, ProphetX, and others.

#3. Live Bet Hedging and Cashout

Timing is everything when it comes to live bets. During a game, odds can change drastically, offering up great opportunities for hedging bets. Mastering the art of live betting and knowing how to spot hedging possibilities early is crucial. Then, use the cashout function to secure your winnings quickly. Most major US sportsbooks, such as DraftKings and BetMGM, offer cashout options.

#4. Hunting Sports Bonuses

Bonuses can significantly increase your bankroll if you know how to spot them. Some are handed out freely, while others require you to opt into specific promotions or make qualifying bets to unlock your rewards. Always be on the lookout for promotions and try to make the most of your chosen sportsbook.

#5. Bets with More Coverage

Utilizing round robins and teasers can help you maximize your bankroll while covering your bases. Round robins offer the coverage you need to keep swinging for the fences, while reducing risks. Teasers allow you to adjust the lines on your spread bets, which is particularly useful for NFL and NBA bettors.

Social sportsbooks are platforms that don't require real money to play at, but players can win cash prizes if their tips are on point. They are becoming increasingly popular in the US and offer a range of betting products. While they might not provide the same thrill as real money sportsbooks, they can be a fun way to test your betting skills without risking any money.

Betting Sites for Strategy Play

Matched betting and its alternatives are only worthwhile if you're signed up to a sportsbook that offers a wide variety of sports betting markets and bonuses. Here are some top US sportsbooks that fit the bill:

BetMGM: Known for competitive odds and a broad range of markets.
FanDuel: Offers numerous promotions and odds boosts.
Caesars Sportsbook: Provides extensive bonuses, especially for new users.
DraftKings: Delivers a competitive environment with multiple promotions and events.
bet365: Renowned for its comprehensive markets and competitive odds.

Dutching futures or alternatives markets, like league winners, offers a more sustainable approach than traditional matched betting, though it doesn't mitigate losses as much. This strategy can be applied across various betting markets and is particularly effective when there are multiple teams with a good shot at winning.
Arbitrage betting, also known as "arbing," involves a difference in the match odds to lock in profits and cover all possible outcomes. While you won't need bonus bets for arbing, it's best to use betting exchanges like Novig, ProphetX, and others for the highest potential ROI.
Live bet hedging and cashout strategies are valuable when timing is critical during a game. Spotting hedging possibilities early and using the cashout function can help secure winnings quickly. Major US sportsbooks like DraftKings and BetMGM offer cashout options.
Hunting sports bonuses can significantly increase your bankroll by taking advantage of promotions and other rewards. Keep an eye out for both freely handed-out bonuses and those requiring specific actions, like opting into promotions or making qualifying bets.
Utilizing round robins and teasers can help maximize your bankroll while covering your bases, as round robins reduce risks, and teasers allow you to adjust line bets for NFL and NBA games.
Consider utilizing social sportsbooks as an alternative to traditional sportsbooks. They provide a range of betting products, don't require real money, and offer cash prizes for accurate tips. They're growing in popularity in the US and offer a fun way to test your betting skills without risking money.

In order to make the most of these strategies, be sure to sign up for US sportsbooks that offer a wide variety of sports betting markets and bonuses, such as BetMGM, FanDuel, Caesars Sportsbook, DraftKings, and bet365.