It’s not exactly a well-kept secret that the house always has the edge when it comes to betting. This is true for betting in all forms, whether it’s sports betting, poker, casino gaming, or anything else. The one exception to this rule is if you play at online casinos for free. Click here if you would like to learn about what platforms offer such services.
Free online casino gaming doesn’t directly give you a chance to win real money, and that brings us back to the age-old question: how can we reduce the house edge at casinos and shift the odds in our favor at sportsbooks? Believe it or not, there are proven techniques for doing so, as outlined below.
Matched Betting
Have you heard the term “matched betting” before? It is legendary in places like Europe, but it’s not quite in the public view in places like North America. The reason for this is perfectly understandable—betting is more widely adopted in Europe than it is in North America. But since the USA is exploding with fresh betting sites these days, one of the key parts of matched betting is more available than ever before—bonuses.
More specifically, the country is enjoying a flurry of sports betting promotions that include free bets. This opens the doors for successful matched betting to take place. As for how it’s done, matched betting involves the process of covering both sides of a bet, meaning you are guaranteed to win regardless of what happens.
You aren’t covering both sides with your own cash, though. Instead, you are taking advantage of things like free bets to gain a profit no matter the outcome, which is why matched betting has become a phenomenon in recent years.
Grabbing Arbitrage Opportunities
To clarify, arbitrage betting is completely different from matched betting. While the latter uses sports betting bonuses to shift the odds in your favor, the former takes advantage of pricing discrepancies at online sportsbooks. Let us explain.
If one sportsbook has odds of -110 for Novak Djokovic to win a tennis match, while another offers odds of +150 for his opponent, you will come out ahead regardless of the result. That’s because the implied probability, when calculated, is less than 100%, so the sportsbook’s margin has been taken away.
Securing Low Risk Casino Bonuses
Lastly, let’s turn the focus to online casinos rather than sports betting sites. As you probably know, online casinos hand out huge welcome bonuses to convince you to sign up and try their site. If you then proceed to redeem no-deposit bonuses or low-risk casino bonuses, you will gain the edge. How so?
Well, with no-deposit bonuses, you are risking nothing at all. So, there is only an upside to these offers, although their terms can sometimes be difficult to meet. As for low-risk offers, these include things like free spins that relate to high RTP games with very low wagering requirements.
