With matched betting being a popular strategy for locking in profits from sportsbook promotions, there are constantly new ways in which the approach is evolving. One of the most nuanced opportunities in this field is the 2Up offer. 2Up matched betting is a creative way which combines bookmaker promotions with calculated lay bets, with we here at OddsMonkey highlighting all the intricacies of this specific strategy, highlighting why it is so popular amongst matched bettors.
What Does 2Up Mean?
If this is the first time you have encountered the term, however, you might wonder what 2Up means. Essentially, 2Up is a promotion offered by some sportsbooks that could pay out your bets early if the team backed takes a two-goal lead during the football match. Early payouts could occur as soon as a chosen team manages to go ahead by two goals, with your initial wager being settled as a winner regardless of what may happen in the remainder of the game.
Let’s say you place a back bet on Arsenal to win a match between Arsenal and Tottenham. At halftime, Arsenal is leading 2-0, but they lose 2-3. The bookmaker will still pay the bet as the winner, as the selected team went two goals ahead at a point during the match.
How To Do 2Up Matched Betting
Now we understand the offer, it’s time to explain how to do 2Up matched betting. To start off with, we need to find close odds matches between the bookmakers and the exchanges on eligible games. Following this, you can then place a back bet at the bookmaker and then the corresponding lay bet at the exchange before the chosen event begins. If the chosen team goes 2 goals ahead, we wait for the bookmaker to pay out. Following this, we can then look to lock in a profit by exiting our lay position at the exchange.
2Up Matched Betting Example
Although 2Up matched betting is fairly straightforward in nature, we have still provided a 2Up matched betting example that delves into the specifics a bit more:
After finding a close match between the bookmakers’ back odds and exchange lay odds, place both counteracting bets on the respective platforms. This can be seen with the 2UP matcher displayed below.
Using the stakes input above, if our team does not go 2 goals ahead during the match, you will lose £3.02. However, if they go 2 goals ahead, wait for the bookmaker to pay out. You’ll then need to exit your position at the exchange to lock in a profit. This can be done by using the Early Payout calculator.
