Understanding how back and lay bets work together is essential for mastering matched betting, a profitable and low-risk betting strategy. In matched betting, these two types of bets complement each other to guarantee a profit, regardless of the outcome of a sporting event or wager.

Back Bets

In matched betting, you start by placing a "back" bet on a specific outcome with a traditional bookmaker. This bet is similar to a regular bet, and you are betting on an event to happen.

Lay Bets

Following the back bet, you place a "lay" bet on the same outcome, but this time on a betting exchange. A lay bet effectively bets against that outcome, stating that it will not happen.

Working Together

The beauty of matched betting lies in the balance between back and lay bets:

• Regardless of the outcome, one of your bets will win, ensuring a profit.
• The profit comes from the difference in odds between the back and lay bets.
• Bookmaker promotions and free bets enhance your earnings.

Below is an example of a qualifier bet which ensures you're covering BOTH sides of a given outcome.

Ok, you've placed a qualifying bet, now what??

When the qualifier settles, you'll get a free bet, we do the same again but this time we lock in profit (make sure you check 'Stake not returned' on the betting calculator)!

By placing a qualifying and free bet and laying them both off (covering both sides of an outcome each time) we guarantee an overall profit!

Maximizing Profits with BetHustle

BetHustle's platform simplifies the process of matched betting by providing real-time odds comparisons, alert notifications, and tutorials. Our tools and resources empower you to make profitable bets and consistently generate income through matched betting.