Matched Betting works like this…
You place a bet with a Bookie. Say Team A to win (the first back bet)
You place a bet on another website (the exchange) for Team A to not win (this is the first lay bet)
You will lose a few pence, because of the difference in the odds, but you now have a free bet given to you by the bookie. (this is the incentive they offer to open an account with them and there are about 100 such offers)
You then place that free bet for Team B to win. (the second back bet)
You place a bet on another website (the exchange) for Team B to not win (this is the second lay bet)
If Team B wins you have money in your bookie account and you lose at the exchange.
If Team B does not win you have money in your exchange account and you lose the free bet.
And because your second back bet was free you will have made a guaranteed profit.
Place 4 Bets and you MAKE MONEY TAX FREE!
Keep repeating that process and then you can either start on BFScalper or go straight to Forex with no further out-of-pocket costs!