The whole concept of nrbet revolves around what is known as "matched betting". All of our bookmaker deals show you how to make guaranteed profit from bookmaker promotions, using matched betting techniques. So it is important for you to understand what exactly matched betting is, and therefore how nrbet can help guarantee you profit. Imagine you walk into your local bookmakers and place a bet. Lets just say for example, that you place £10 (this is known as the stake, or in more complex terms, the backer's stake) on your favourite football team to win this coming Saturday. The bookmakers has given odds of 5/1 (or 6.00 in decimals odds, which some bookmakers use) on your team winning. This means that if your team wins the bookmaker will give you £60 (£50 winnings plus your £10 stake). If your team does not win (if it is a draw, or the other team wins), then your £10 goes into the bookmaker's till and you receive nothing.

Before the match starts, the bookmaker is risking £50, which could also be known as £50 liability on this bet. Another term for what the bookmaker is doing, is "laying the bet". At a betting exchange, you too can lay bets. So in the simplest definition, you can act as the bookmaker. You can choose to pay £50 to another punter who has staked £10 on your team winning, meaning if the team does not win, you receive the £10 from the other punter, and if the team does win, your £50 gets transferred to the other punter's account. Don't worry, its not as complicated as this, the betting exchange will do all the transferring of monies for you, you simply have to place the bets.

Most online bookmakers offer a free bet, as an incentive for you to sign up. This free bet will be credited to your account once you have placed a "qualifying bet". A qualifying bet, is a bet that you must place to qualify for the free bet..

Let's imagine you go to an online bookmaker, and they are offering a £10 free bet, if you place a £10 bet. Using the example from before again, you could then sign up to this bookmaker, place £10 on your favourite team at 5/1, then over at the betting exchange you could lay off the bet with £50. Therefore, if your team wins you will receive £60 into the new bookmaker account you have just opened. If your team does not win, then over at the betting exchange you will have received £10 from another punter who had backed the team to win. Win, lose or draw, you will have £60 in either your new bookmaker account or your betting exchange account. So having made no profit and no loss, you have now qualified for a free bet! (please bear in mind this is a simplistic example, in most cases you will need to incur a small loss to qualify for the free bet)

Now, here's where the money is made. Your £10 free bet is now credited to your account, because you have placed the qualifying bet. You can simply do the same bets as before. Place £10 (backing) on your favourite team at 5/1, and over at the betting exchange, lay your team with £50. Whatever the score, you will have either £60 in the bookmaker account, or £60 in the betting exchange account. Due to the free bet not costing you anything to place, you have received £60 from an outlay of just &pou&pound&pound&pound&pound&pound&pound&pound&pound&pound&pound&pound&pound&pound&pound&pound&pound&pound&pound&pound&pound&pound&pound&pound&pound&pound&pound&pound&pound&pound&pound&pound&pound&pound&pound&pound&pound&pound&pound&pound&pound&pound&pound&pound&pound&pound&pound&pound&pound&pound&pound&pound&pound&pound&pound&pound&pound&pound&pound&pound&pound&pound&pound&pound&pound&pound&pound&pound&pound&pound&pound&pound&pound&pound&pound&pound&pound&pound&pound&pound&pound&pound&pound&pound&pound&pound&pound&pound&pound&pound&pound&pound&pound&pound&pound&pound&pound&pound&pound&pound&pound&pound&pound&pound&pound&pound&pound&pound&pound&pound&pound&pound&pound&pound&pound&pound&pound&pound&pound&pound&pound&pound&pound&pound&pound&pound&pound&pound&pound&pound&pound&pound&pound&pound&pound&pound&pound&pound&pound&pound&pound&pound&pound&pound&pound&pound&pound&pound&pound&pound&pound&pound&pound&pound&pound&pound&pound&pound&pound&pound&pound&pound&pound&pound&pound&pound&pound&pound&pound&pound&pound&pound&pound&pound&pound&pound&pound&pound&pound&pound&pound&pound&pound&pound&pound&pound&pound&pound&pound&pound&pound&pound&pound&pound&pound&pound&pound&pound&pound&pound&pound&pound&pound&pound&pound&pound&pound&pound&pound&pound&pound&pound&pound&pound&pound&pound&pound&pound&pound&pound&pound&pound&pound&pound&pound&pound&pound&pound&pound&pound&pound&pound&pound&pound&pound&pound&pound&pound&pound&pound&pound&pound&pound&pound&pound&pound&pound&pound&pound&pound&pound&pound&pound£d;50, all in all a £10 profit.

Please note that this example is just to show you how it works, generally the profits will be a lot more than £10!

Once you get the hang of matched betting, the betting world is your oyster, there are hundreds of bookmaker's offers that you can take advantage of. We are working hard to add more of these offers to the site every week.

The best betting exchange around is by far Betfair. They have the best odds, best customer service, and the best site functionality! We suggest before you doing any matched betting, to sign up to Betfair, as you will need a Betfair account to lay all of your bets, to guarantee profit. We also have a deal that guarantees over £24 profit when signing up to Betfair, click here for more details.

Throughout nrbet, you will see the terms BACK and LAY. Think of these simple as meaning Betting For (back) and Betting Against (Lay). You will always be backing and laying the same outcome to guarantee profit.

Betfair can be quite complicated to use if you are not used to the system. When you are faced with odds for a match you will see something similar to this.

Unless you are a very experienced Betfair trader, we would always suggest staying well clear of the odds in white. Always stick to the odds that have a coloured background. The £'s figure underneath the odds shows how much money is matched on that outcome. So in this example you could only bet £9 on backing Fulham, if you bet over this amount, it would not be matched. It is vitally important that you make sure all your bets are matched when do no risk matched betting techniques. The easiest way to see if it is going to be matched, is if the £'s figure under the outcome you are about to select is larger than the amount you are going to be wagering, then it will be matched. To back an outcome, simply select the odds next to your outcome, in this example we will choose Liverpool, so we will press the 4.8 button.