A matched bet is when all your lay is taken by the exchange and you are all done with that bet. An unmatched bet means that the price you wanted to bet at has gone and your lay wasn’t taken.
What does it mean if a bet is matched?
When a bet is matched, it simply means two people have agreed on a stake and amount of liability. You will know this has occurred because matched and unmatched bets appear in separate sections of the bet slip. In this example, we have placed two Back bets.
What is an unmatched bet smarkets?
The Smarkets ‘keep bets in-play‘ feature allows users to leave their unmatched bets live once the market goes in-play – giving them more opportunity to be matched at the price they’ve requested. Normally unmatched bets are automatically cancelled when the market is halted just before going in-play.
Are matched bets legal?
Matched betting is legal and a spokesperson for William Hill has indicated that the betting industry does not have a problem with this use of free bets.
How do I fix an unmatched bet?
How to fix an Unmatched Bet
- Click ‘cancel unmatched bets above’ – the grey box in the bottom left corner of the betslip (on Smarkets, this is the red cross).
- Go back to the calculator and re-enter the lay odds to display what they’re now showing on the exchange.
- Place your lay bet as normal with the new stake amount.
Can you cancel a matched bet?
Once a bet has been matched, it cannot be cancelled. The status of a bet will be displayed in both the account page and the ‘Your bets’ section. When you place a bet on a market, it will appear as ‘bet placed’ on your account page.
Can you make money from free bets?
Following your first or ‘qualifying’ real money bet, you will then be awarded the free bet by the bookmaker. This is where the profit is made. Quite simply, you repeat the process: bet using the free bet and then lay the bet. Whatever the result you will be in profit (which I’ll be demonstrating below).
Can you match bet without free bets?
In matched betting without free bets, you will mostly do offers that are potentially profitable. This means, over the long term, you will make as much as the EV of an offer is. However, over the short term, you may experience substantial variation.
How does bet matching work?
Basically, matched betting involves placing multiple bets to trigger these offers. One back bet is placed (e.g. for Team A to win) and then one lay bet is placed at a betting exchange, but for the opposite result (e.g. Team A not to win). Regardless of the outcome of the event, the value of the free bet is unlocked.
What does fully matched mean?
“Fully matched applicants WILL NOT receive ANY information on unfilled programs/ positions by email or be able to access it on the NRMP web site.” If your email said “Congratulations, you have matched,” that means you fully matched into a prelim AND categorical. You have absolutely nothing to worry about!!
Why did smarkets cancel my bet?
Smarkets will void any bets where the outcome cannot be reasonably determined. Common reasons for the voiding of bets include: Postponement/cancellation of an event. A horse being declared a non-runner in non ante-post horse market.