Matched betting is a form of gambling where you bet on both the outcome of an event and the outcome of a different event. Unlike traditional gambling, you are not betting against the house but rather on two different results. A favored outcome is referred to as a "fixed event" whereas the second event is referred to as the "mismatch".
For example, if you're betting on a team winning a match and also betting on whether or not it will rain, your fixed event would be if Team A wins. The mismatch would be whether it rains. If Team A wins, you win your match and if it rains you win the money that's put in to the other bet.
In the world of esports, betting on both a team and match outcome is becoming more prevalent.
The benefits of matched betting are as follows:
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