Value betting involves placing bets that are more likely to win than suggested by the bookmaker’s odds.

Value betting is a betting strategy that gives you an edge over the bookmakers by finding odds that are higher than they should be.

It involves accurately working out how likely an outcome is, then using this information to find ‘overpriced’ bookmaker odds and betting on these.

Unlike with <a href="https://outplayed.com/what-is-matched-betting"></a><a href="https://outplayed.com/what-is-matched-betting">Matched Betting</a>, you won’t lock in a profit when placing a value bet.

But, if you can consistently find bets that have value to you – known as positive expected value (+EV) bets – you can make fantastic long-term profits from value betting.

Even better, value betting works with <a href="https://outplayed.com/blog/top-tips-to-avoid-being-gubbed">gubbed accounts</a>.

In this article, you’ll find out about how bookmakers set their odds, different value betting techniques, and a range of value betting tools.

First, we’ll look at some key ideas that help us understand how to find value bets.

Fair odds accurately reflect how likely a bet is to win.

A bookmaker offering fair odds would have no edge and would pay out as much in winnings as they took in losing bets over time.

With a coin toss, the chance of either heads or tails is 50%.

A bookmaker offering fair odds on a coin toss would pay double your stake if you won and take your stake if you lost.

To work out the return on a winning bet, the bookmaker multiplies your stake by the decimal odds. You win double your stake on a winning bet at fair odds for a coin toss, so the return on a £10 stake is:

Return = Stake x Odds = £10 x 2.0 = £20

£10 of this is just you getting your stake back, so the profit is £10.

There’s a 50% chance your bet wins, so you’ll make £10 profit half the time and lose your £10 stake the other half. Over time, you’ll break even, and so will the bookmaker.

The bookmaker would then go out of business quickly, which is why they don’t offer fair odds.

Implied probability shows how likely an outcome is, as implied by the odds.

It’s a really important concept when it comes to value betting. Lower odds bets are more likely to win, and higher odds bets less likely.

To work out the implied probability of a bet, you divide 1 by the decimal odds. For the fair odds coin toss bet, this is:

Implied probability = 1 / 2.0 = 0.5 = 50%

We know the actual chance of either heads or tails is 50%. Since the implied probability of the bet is the same as the actual likelihood of it winning, we can see that the odds of 2.0 are fair.

In betting, <a href="https://outplayed.com/blog/what-is-expected-value">expected value</a> is the average profit you’ll make from placing a bet.

It takes into account the likelihood of the bet winning or losing, the profit you make if it wins, and the loss you take if it loses.

For a £10 bet on a coin toss at odds of 2.0, the expected value (EV) is:

EV = (0.5 x £10) + (0.5 x -£10) = £5 - £5 = £0

This is just a way of saying, with maths, that you win £10 half the time and lose £10 the other half. It also shows there’s no long-term value to this bet for either you or the bookmaker. We’ll look at how to find that value later.

Bookmakers set their odds to ensure they profit in the long run. They work out the fair odds for a bet, then set their odds lower than this to give themselves an edge.

For a coin toss, they might lower the odds from fair odds of 2.0 to 1.9. This bet will return £19 if it wins (a £9 profit), and you’ll lose £10 if it loses.

EV = (0.5 x £9) + (0.5 x -£10) = £4.50 - £5 = -£0.50

In the long-term, you’ll lose 50p on average for each £10 bet you place, meaning this is a negative expected value (-EV) bet.

The bookmaker, on the other hand, makes a 50p profit for every £10 staked. This is their edge, or margin, and is the key to how they make money from the bets they offer.

Bookmakers use betting analysts, sports traders, and quants (quantitative analysts) to assess, as accurately as possible, the likelihood of an outcome.

The odds can then be set accordingly, making sure to reduce the odds a bit to factor in that all-important margin.

Some bookmakers also take into account odds from betting exchanges or other bookmakers when setting their own odds.

When two football teams play each other, betting analysts look at data, including previous results, recent form, expected weather conditions, team selection, and injuries.

They use this to predict the likelihood of the outcomes of a wide range of bets.

A bookmaker setting match odds for Serbia v England might assess the chances of the three possible outcomes as:

These correspond to fair odds of 9.52 for a Serbia win, 4.65 for a draw, and 1.47 for an England win.

To factor in a margin, the bookmaker lowers these odds to set their actual odds. For this game, they might have odds of 8 for Serbia, 4.5 for the draw, and 1.44 for England.

These are Betfred’s actual odds for the game. The imagined fair odds are an estimate of what these might be.

An educated guess was made that Betfred reduced Serbia’s odds by a much bigger factor than England’s, to take account of the <a href="https://daily.jstor.org/betting-on-the-longshot/">favourite-long shot bias</a>.

It’s been observed many times that bettors tend to bet on ‘long shots’ or ‘underdogs’ more than they should, based on the odds, so bookmakers can reduce the odds of long shots by more than they do with favourites.

Bookmakers can be roughly divided into two types – sharp bookmakers and soft bookmakers.

Sharp bookmakers are aimed at professional bettors. They tend to have lower margins and adjust their odds very quickly, using sophisticated systems.

Sharp bookmakers set their own odds, using advanced systems and models.

Most of the process is automated, allowing them to react to events like player injuries quickly, often adjusting odds in a few seconds. They are also often the first bookmakers to create a particular betting market.

The initial odds offered by a bookmaker are called opening odds. They are often released late at night or early in the morning, so are also known as overnight lines.

Although they don’t operate in the UK, Pinnacle are often referred to as the sharpest bookmaker. They don’t offer <a href="https://outplayed.com/blog/qualifying-bet-guide">sign-up or reload bonuses</a>, so can afford to have smaller margins on their betting markets.

Pinnacle post opening odds with low betting limits of perhaps a few hundred pounds. ‘Sharp’ bettors – experienced, well-informed, and often professional bettors – are often the ones placing the first bets on these opening odds. Pinnacle then adjust their odds based on the betting activity of these sharp bettors, whose opinion they value.

Once Pinnacle have refined their odds from their opening odds, they can confidently increase their betting limits to as high as £50,000 or more for some markets.

Due to their sophisticated methods, sharp bookmakers have very efficient odds. This means that, once the margin has been removed from their odds, they tend to be an accurate indicator of fair odds.

Many Asian bookmakers, for example, Dafabet and 188Bet, are generally considered to be sharp bookmakers.

Soft bookmakers are aimed at casual bettors. They tend to have higher margins and adjust their odds relatively slowly, often in response to odds changes at sharp bookmakers or exchanges.

Most well-known bookmakers, like Bet365, Paddy Power, Ladbrokes, and William Hill are soft bookmakers. They offer <a href="https://outplayed.com/blog/qualifying-bet-guide">sign-up and reload bonuses</a> and have bigger margins than sharp bookmakers.

Soft bookmakers don’t price their markets as efficiently as sharp bookmakers, so their odds tend to be a worse indicator of fair odds.

Despite their bigger margin, it can be easier to find overpriced odds with soft bookmakers, since their odds are more likely to be mispriced.

This can be exploited by value bettors, who can often bet on overpriced odds at soft bookmakers, extracting long-term value.

Exchange odds are set by bettors, and change as a result of supply and demand.

Betting exchanges use peer-to-peer betting, where bettors bet against each other, rather than taking bets offered by a bookmaker. Exchanges make money by charging a commission on winning bets, although you can get <a href="https://outplayed.com/matchbook">0% commission with Matchbook</a> with <a href="https://outplayed.com/user/register">Outplayed membership</a>.

Exchange odds arise differently to bookmaker odds. To form the market initially, individual bettors set their own odds. These odds then change as bets are placed. If more bets are placed on one outcome, these odds tend to drop, and the odds for the other outcomes in the same market increase.

As more bets are placed and more money enters the market, it becomes more ‘well formed’. The amount of money available to place bets (the liquidity) increases, and the gap between the back and lay odds (the spread) decreases.

New Yorker columnist James Surowiecki suggested a compelling idea in his book The Wisdom of Crowds.

He argued that “the many are smarter than the few”. In terms of betting exchanges, the suggestion is that a large number of people betting on a market, and causing the odds to change, often leads to odds that more accurately reflect the likelihood of the bet happening than bookmaker odds, set by experts.

Studies have shown a very close correlation between the implied probabilities of an outcome at betting exchanges and the likelihood of that outcome occurring.

A 3-year study by Franck, Verbeek and Nüesch, of all 5478 games played across the ‘Big Five’ football leagues (England, Spain, Germany, Italy, and France), showed that exchange odds tend to be a better predictor of actual results than bookmaker odds.

Source: <a href="https://papers.ssrn.com/sol3/papers.cfm?abstract_id=1503350">SSRN</a>

Another reason exchange odds are a better indicator of fair odds is that the odds aren’t reduced to create a margin, unlike at a bookmaker.

The idea of the wisdom of crowds isn’t perfect.

For example, if a bookmaker’s odds for Liverpool start to drop, just because lots of people decide to back Liverpool, this could lead to more people betting on them.

This would then cause the odds to drop further. Herd mentality could then ensue, with ‘fear of missing out’ leading to ever more bets placed on Liverpool.

Since there was no sound reason for the odds dropping, bets placed on Liverpool would have increasingly poor value the further the odds dropped.

Value betting is the placing of bets on betting markets that have been overvalued by bookmakers.

It’s clear that the odds are literally stacked against us when we bet at a bookmaker.

What Is Value Betting? Everything You Need To Know

Golden Chips are a freebie dished out by online casinos as part of their promotions; they're basically the casino equivalent of a sports free bet.

Where a <a href="https://outplayed.com/blog/ultimate-guide-to-casinos">casino</a> might give out <a href="https://outplayed.com/free-spins">free spins</a> for slot games, they'll instead give you free Golden Chips for table games and live games (e.g. Blackjack, Roulette or Gameshow games).

Golden Chips are completely risk-free;&nbsp;if your chip loses, then you haven't lost any of your own money. On the flip side, if the chip is placed on a winner, then you'll get to keep all the profit!

In this article, you'll learn how Golden Chips work, how to use them, and what strategy to use to maximise your profits.

They're incredibly simple to use, however, they come with one small catch:&nbsp;the value of the chip itself isn't paid out, only the profit. This is exactly the same concept as most sports free bets. Let's look at what that actually means to you:

If you place a £1 bet on Red on Roulette with real money and it wins, you receive £2 back. This is your £1 stake + £1 winnings. You've doubled your money.

Now here's where Golden Chips are slightly different. If you place a £1 golden chip on Red on Roulette and it's a winner, you'll receive £1 cash. This is because you don’t get the stake value of the golden chip as part of the payout, only the £1 winnings.

This subtle difference impacts what betting options are best for placing your chips. It's only a slight change to playing the game with your own cash, but it makes a big difference in strategy to get the best possible value out of your Golden Chips.

We'll go into more detail on strategy and <a href="https://outplayed.com/blog/what-is-expected-value">value</a> later!

After you've had Golden Chips credited to your account, start by simply opening up an eligible game. The Outplayed offer guide/casino terms and conditions will tell you which games will allow you to play with the chips.

The Golden Chips will appear in the section where you can select which value chip to use. This will look like a gold-coloured casino chip with the monetary value written on it. If you have multiple Golden Chips then this will also be indicated next to the chip.

Select the golden chip here, and you can then click on what you want to bet on, whether that be a hand of Blackjack or a single number on Roulette for example.

For those of you who are familiar with <a href="https://outplayed.com/what-is-matched-betting" title="">Matched Betting</a>, you'll know that you can make more profit and gain much more value by placing a free bet at higher odds. Golden Chips are no exception!&nbsp;

The lower the chance of an event happening, the higher the return from the golden chip will be. For example, betting on Red in Roulette will happen roughly 50% of the time (a relatively high chance), but only give a £1 profit from a winning £1 golden chip (a low return).

This means that you have a decision to make when using Golden Chips:

Do you take a low risk option where you're more likely to have a winning golden chip, but accept that you'll have a smaller payout and a lower EV (Expected Value - the long term average value of each chip)?

Or do you go for a higher-risk option? You'll win less often, but when you do, the payouts are much larger, and it'll have a higher EV.

Win more frequently or bank more value? That's the question. And one that we'll help you figure out!

The image below shows six different potential placements of a chip on a game of Roulette (a pink £0.10 chip in this example):

Each placement has a different chance of winning, payout, and EV, which you can see in the table below:

The payout and EV are based on the Golden Chip having a £1 value.   

Golden Chips aren't always worth £1; they can come in different values. This will always be nice and clear in Outplayed's offer writeups and also on the chip itself.

As you can now see from the table above, the value of a Golden Chip can vary significantly.

A £1 chip has just £0.49 EV when used on a Roulette Even Money Bet (for example, betting on Red). While this is the lowest-risk option, the EV is really low.

In comparison, a £1 Golden Chip is worth £0.95 in value if used on a single number. This is, however, a super high variance option. After all, we expect to win with a single number bet 1 in 37 times!

It's usually a good idea to prioritise long-term value over a higher chance of making small profits in the short term. We would avoid using Golden Chips on Blackjack (where possible) or Even Money Roulette bets. However, it's also often quite a risky approach to just bet on a single Roulette number.&nbsp;Let's find a nice balance!

A great compromise between EV and risk is to use your Golden Chips on a Line Bet (which covers six numbers) or a Four Bet (which covers four numbers). These have a higher chance of winning than a Straight Up bet on a single number and have a very good EV of over £0.80 per £1 Golden Chip.

If you were to place a Line Bet with 5 Golden Chips, you'd expect to hit at least one winner around 60% of the time. While you won't win every time, you'll still win fairly often and bank a nice amount of value.

Can You Place More Than One Golden Chip At A Time?

Sometimes.&nbsp;Some casinos will only allow you to place one Golden Chip per game round (for example, each time the Roulette wheel is spun). This is absolutely fine; it just means you'll place your chips one at a time and wait for the next spin to place another.

If you're allowed to place multiple Golden Chips on the same spin, then even better!&nbsp;This allows you to lower your risk while still taking great value, with each chip being on a higher-risk selection. For example, by placing 5 different Golden Chips, each on different Line Bets on the same spin, you'll cover 30 out of 38 numbers.&nbsp;

Your chance of winning is really high, and since each individual Golden Chip was placed on a Line Bet, they're each great value.

Outplayed will always tell you the details of the value of each offer you're doing, but if you find yourself with a casino offer that you've been exclusively invited to, you can use Outplayed's&nbsp;<a href="https://outplayed.com/calculators/ev-calculator" target="_blank">EV Calculator</a>&nbsp;tool to show you the value of your Golden Chips.

This is a great way to find out if an offer is worth doing.

You should now be very well equipped to know exactly what to do with Golden Chip casino offers.

The placement is simple: click your chip and then click to bet!

The strategy is just as easy: place them on a Four Bet or a Line Bet.

If you want to know the value of your Golden Chips or the overall value of an offer involving Golden Chips then you can make use of our <a href="https://outplayed.com/calculators/ev-calculator">EV Calculator.</a>

Interested In Getting Started Matched Betting?

You can <a href="https://www.outplayed.com/" target="_blank">start learning for free with our free trial and make your first profits today!</a>

Ollie

What Are Casino Golden Chips?

Once considered just a pub game, Darts is now recognised as a highly skilled sport that is watched and played on a global scale.

As a spectator sport it has everything you could want – strong personalities, quick and intense playing format, and lots of potential for spectacular scoring.

The packed crowds that darts attracts is certainly a testament to just how popular it is, and the atmosphere is electric.

For <a href="https://outplayed.com/blog/sports-betting-guide">sports bettors</a>, darts is just as appealing. The Professional Darts Corporation (PDC) runs a series of leagues and tournaments all year round, most of which are televised, meaning you can not only watch all of the action, but you can keep an eye on player form and results too.

Darts betting markets, therefore, are almost constantly available, and they are vast too.

Here we’ll take you through all the most popular betting markets for darts and which tournaments to look out for. Firstly, though, let’s give a brief explanation of darts rules and scoring so you can better understand darts betting.

Darts is played on a circular dartboard which measures 451 mm (17.8 in) in diameter and is divided into 20 equal numbered sections. Numbers range from 1 to 20 and each section is separated by a metal wire.

Each section has both a main area, plus two smaller areas for scoring double and triple points. These are often referred to as ‘beds’. In the centre of the board are two rings, the bullseye (worth 50 points) is in the middle with the outer bullseye (worth 25 points) around the outside of it.&nbsp;

Players throw small metal pointed objects, known as darts, with wings, known as flights, at the dartboard to score points by landing in the different numbered sections.

All darts players must stand behind a designated line to throw the darts, this line is called the oche and it should be 2.37 m (7 ft 9 in) from the face of the board.

Players take it in turns to throw three darts at a time in each visit to the oche. Although the general aim is to try to score as many points as possible, as the game progresses, players must land on the exact number needed to win the game, so it becomes highly strategic.

A game of darts is called a ‘Leg’ and matches can be played in ‘Legs’ or in ‘Sets’, depending on the format.

Matchplay mode is the simplest as it has a ‘Best of’ format for Legs, for example, ‘Best of 11 Legs’ means the first player to win six Legs is the match winner.

Set mode involves both Legs and Sets, so a format could be ‘Best of 5 Sets, Best of 5 Legs’. This means that a player must win three Legs in order to win the Set, and the player who first wins three Sets is the winner of the match.

Unlike most other sports, darts scoring doesn’t start at zero and then increase as you score points. Darts scoring works in reverse.

Legs usually start with a ‘score’ of 501 or 301 for each player and the objective of the game is to get this to zero in as few darts as possible.

On each visit to the oche, whatever the player scores will be deducted from their total, reducing it down until it hits zero. A ‘darts caller’ stands beside the dartboard to shout out the scores after each visit.

However, a Leg can only be finished when the player hits a double score or a bullseye. If they have 40 points left on the board, they need to throw a double 20. If they have 16 left on the board, they need a double 8.

If they don’t hit a double, then they keep playing until they do or until their opponent beats them to it.

There is another format of the game that requires players to hit a double at the start of a Leg. In Grand Prix Darts, players cannot scratch up any scores until they have hit a double.

The biggest score you can get in darts is 180 which is achieved by throwing three treble 20’s in one oche visit.

Many people will know the familiar elongated ‘one hundred and eighty’ shout that darts callers make when the score is thrown. This is usually accompanied with a rapturous reception from the lively crowd.

Professional Darts games usually include a few 180 scores, so this is a common betting market, as are scores in general.

The highest achievement a player can make in a single leg of 501 darts is the nine dart finish. This is where the player wins the leg in just three visits using only nine darts.

There are actually nearly 4000 ways you can achieve a nine-darter, but the most common way is to score two 180’s with the first six darts, then throw a treble 20, treble 19 and double 12. Nine dart finishes are extremely difficult and rare, but they do happen so bettors can bet on this too.

A darts checkout is the total number of points scored by a player in their final visit to the oche where they win the Leg.

The highest checkout a player can have is 170. This is the biggest score that can mathematically be accomplished in three darts which concludes with a double. This is two 180’s followed by a bullseye and is known as the Big Fish.

Other named checkouts include the Little Fish checkout which is a treble 20, single 20 and bullseye (130 checkout) or a Shanghai Finish which is a checkout using each segment of one specific number for example, a single 20, treble 20 and double 20.

Checkouts are a very popular betting market and bookies usually have several options available for both the match and per player.

The lowest checkout in darts is obviously 2, as this is the lowest number on the board that can be made with a double.

When a player is the first to throw in a Leg is it said that he ‘has the darts’. Players take turns to throw first so they both get an equal opportunity. Throwing first gives an advantage because if they play well, then they should reach checkout stage before their opponent.

However, if a player who ‘has the darts’ doesn’t play well, then their opponent can overtake them and get to checkout first. If a player wins a Leg without throwing the first three darts, it is said to be a ‘Break of Throw’.

In this sense, darts is very comparable to tennis, in which the player who is serving is seen to have a significant advantage, and breaking the serve (or the throw in darts) is a major step in winning a match.

From leagues to tournaments, the Darts season runs all year-round and what makes it unique is that events are mixed for both male and female players.

Although different formats can have slightly different rules, many of the betting markets are the same. We’ll take a look at a few of the most common darts betting markets below.

This is a bet on who you think will win a tournament or event outright. You can place these bets before the tournament has started and during it as well. The best odds are usually found beforehand, especially on the non-favourites.

In the bigger tournaments, you will also find betting markets for the finalists.

This is a bet on which player you think will win a specific match. The player with the highest odds is the outsider.

This is a bet predicting the exact score in a darts match. For example, in a Best of 11 Legs match between Luke Humphries and Luke Littler, you could bet on either player to win 6-0, 6-1, 6-2, 6-3, 6-4 or 6-5.

If the darts match includes Sets, then you can place a bet on what you think the exact Set score will be. For example, if a match is a Best of 7 Sets, then you could bet on either player to win 4-0, 4-1, 4-2 or 4-3.

You can place bets on which player will have the most 180’s in any given match. You can also place bets on how many 180’s there will be in a match or even in a tournament.

This is where one or both of the players is given a virtual lead or deficit in scoring to make betting odds more equal. For example, if a favourite is up against a lower ranked player, then the odds on the favourite are going to be so low that it isn’t worth betting on.

Therefore, a handicap is given to the favourite, say of -2.5, this would mean that they have to win by 3 clear Legs in order for the bet to win.

You can place bets on which player will score the highest checkout in a match. You can also place checkout bets per player, for example, how many 100+ checkouts Michael Van Gerwin will make in a match.

This is a bet on whether there will be any nine-dart finishes in a match and/or how many there will be.

This is a market that is usually only available in big matches at big tournaments. It basically revolves around the average score a player will get over a match for every three darts they throw.

Most top players will hope to have a three-dart average of over 95, but this can vary according to their performance. It is something you can choose to bet on though and is usually an under/over bet.

Darts is suitable for In-Play betting as odds can change drastically depending on how the match is going. Players also take a break after every Set, so this usually allows time for in-play betting to occur.

An important factor when betting on any sport is to secure the best possible odds you can.

The better the odds, the more <a href="https://outplayed.com/blog/what-is-expected-value">betting value</a> you're getting.

You can use a betting odds comparison site such as <a href="https://www.oddschecker.com/darts">Oddschecker</a> to find the best available darts odds at any bookmaker.

Oddschecker shows the odds you can use at a range of online bookmakers so you can quickly see which bookmaker is offering the best darts odds on any given bet.

The best odds are shown in bold allowing you to easily identify the best value bets.

You can search and compare a whole range of darts betting markets too.

The Professional Darts Corporation (PDC) organises a series of tournaments and events across the year, with some more high-profile than others.

The most high-profile tournaments receive not only the largest betting markets, but also the best odds too. Here we'll take a look at the top darts tournaments to bet on.

The PDC World Darts Championship is the pinnacle of the darts calendar taking place during the Christmas/New Year season and attracting a large TV audience.

The event is held at Alexandra Palace, or the Ally Pally as it is affectionately known, in front of huge raucous crowds. 96 players start in this knockout tournament, and it includes all the top players in the world.

This is where you’ll find the biggest range of betting markets, best odds and bookie promotions as they compete against each other to get bettors’ attention.

This involves the world’s top 8 players going head-to-head in a series of matches over 16 nights.

Played once a week on a Thursday at different venues across Europe, each Premier League match is a mini-tournament with all 8 players competing in a knock-out style tournament to find a winner of the night.

Points are awarded for finishing in the top positions, which then determine the league positions of the players. The top four players in the league then compete in Play-offs to find an overall winner.

Taking place between February and May, Premier League Darts has become a highly popular series to bet on. Bettors and bookies can focus their attention on just 8 players and the dynamics change regularly with weekly matches.

You’ll find outright markets for the overall winner as well as in-depth markets for each Premier League night and each match within it.

Taking place in July at Blackpool Winter Gardens, this involves 32 of the world’s best darts players in a knockout tournament.

This also attracts wide betting markets in both the outright and match categories so is a good option for darts betting.

The Ultimate Darts Betting Guide

When signing up to bookmakers, Identity or KYC verification is something that you'll encounter often. It's completely normal and not something to be concerned about at all!

Sure, it can be a little bit of a pain to provide documents if you're asked to, but it's a minor inconvenience in your journey of beating the bookies after you <a href="https://outplayed.com/what-is-matched-betting">learn about Matched Betting</a>.

Plus, bookmakers will often verify you automatically, with no need for any further information.

In this article, you'll find out why bookies ask for ID and learn some top tips to help you speed up the process.

 What Is ID verification And Why Might You Be Asked For It?

KYC verification, which stands for "Know Your Customer", is the act of the bookmaker verifying that:

It really is as simple as that - they need to know that you are you!

But why are they asking for this information?

Well, it's actually part of a legal requirement that all bookies in the UK need to meet in order for that bookie to possess a UK gambling license.

Well, the good news here is that it's, a lot of the time, automatic, and you don't need to actually do anything.

Bookies can search against things like the electoral roll and gather the information they need to confirm your age.

You should then be able to deposit and bet, although you may be asked for further evidence of ID when you come to withdraw any funds or if you are looking to withdraw a large cash amount.

We'll now take a look at what you'll be asked for if you're required to manually verify your account at any stage.

Does Matched Betting Affect Your Credit Score?

Bookmakers don’t tend to perform credit checks.

Whilst some bookmakers may occasionally carry out something known as a soft credit check on you (this is very rare), this isn’t recorded and does not affect your credit score in any way.

While the actual documents you are asked to provide will vary from bookmaker to bookmaker, there are some staple things that they ask for. Note that you won't have to send off any original copies, a photo will do!

Outplayed Blog

Matched Betting

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