{"id":8654,"date":"2024-07-16T14:51:10","date_gmt":"2024-07-16T13:51:10","guid":{"rendered":"https:\/\/www.oddsmonkey.com\/blog\/?p=8654"},"modified":"2024-07-16T14:51:10","modified_gmt":"2024-07-16T13:51:10","slug":"underlaying-matched-bets","status":"publish","type":"post","link":"https:\/\/www.oddsmonkey.com\/blog\/matched-betting\/underlaying-matched-bets\/","title":{"rendered":"Underlaying Matched Bets"},"content":{"rendered":"

When it comes to matched betting techniques, underlaying and overlaying are useful and advanced techniques that every matched bettor should have in their arsenal. This technique is used when you don’t want to lose any money if your back bet wins. If the whole process is new to you however, we here at<\/span> OddsMonkey<\/span><\/a> will look at what underlaying is, how it can be used in matched betting, and how to utilise it strategically.\u00a0<\/span><\/p>\n

What Is Underlaying?<\/span><\/h2>\n

Underlaying is used when you don’t want to lose any money if your back bet selection wins. This is usually done after receiving a special promo or offer. For example, an offer such as “deposit \u00a3100 and get \u00a350 free” is a signup offer that leaves the player with a balance of \u00a3150 after the player has deposited the first funds. However, you cannot withdraw the money until a certain set of criteria is met. Usually, the player must place a combined amount of funds on bets on the bookmaker’s site to ensure the player does not just use the funds somewhere else. Underlaying is essentially when the player is laying less than the standard lay amount. A lay bet is when the player bets on something not to happen, the opposite of a back bet. To make sure you are using your back and lay bets to full effect, you can check out our very own<\/span> matched betting calculator<\/span><\/a>!<\/span><\/p>\n

Anyway, back to the example previously mentioned, the money cannot be withdrawn until the player wages the deposit and a bonus x8, meaning the player will need to wager a total of \u00a31200 before the funds can be taken out of the account. If the 1st back bet wins, then the player is caught in the rollover cycle, with the need to get through \u00a31200 worth of bets before you can withdraw any potential returns. This can only hurt you in your profit pocket every time you roll over. To learn more about this type of bookmaker mechanic, check out our piece on<\/span> rollover bonuses<\/span><\/a>.\u00a0<\/span><\/p>\n

With these types of offers, two things can happen if we underlay:<\/span><\/p>\n