Note: If you are located in Ontario, we are not able to display any available promotions.
Matched Betting
What is the "Matched Betting Value" listed above? This is the amount of profit that you can make from the sign-up offer through a technique called matched betting. In short, it is a mathematical approach to sports betting that guarantees profit by hedging your bets. This allows you to cover all possible outcomes and secure a profit no matter what happens in the game. This is different from gambling because there is no risk of losing. Learn more in our What Is Matched Betting guide.
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What To Know
Betly is regulated by your local gaming commission. Regulated sportsbooks provide customer protections that you will not have when using an unregulated sportsbooks or sweepstakes sportsbooks.
Betly is unregulated. Unregulated sportsbooks do not provide the same customer proctections that regulated sportsbooks have.
Betly follows a sweepstakes model. Sweepstakes platforms are regulated by the Federal Trade Commission and state sweepstakes laws instead of your jurisdiction's gaming commisison. These protections are less than those provided by a regulated sportsbook, and are designed for traditional sweepstakes, not a sportsbook.
Betly is a sportsbook. Sportsbooks, unlike exchanges, act as "The House" and often have more vig than a betting exchange.
Betly is an exchange. Exchanges often offer better odds than a traditional sportsbook, do not limit players, and are matched betting friendly.
In some states Betly operates as a betting exchange, and others they operate as a sportsbook. In both situations Betly will not limit bettors.
Betly is "Player Friendly". Player friendly sportsbooks/exchanges do not enact limits on players making them perfect for matched betting.
Betly is "Slower-to-Limit". Slower-to-Limit sportsbooks take longer than average to enact limits on winning bettors.
Betly is "Quick-to-Limit". Quick-to-Limit sportsbooks enact limits signifcantly faster than your average sportsbook. If you show signs of being a winning bettor, limits will quickly follow.
Betly has high limits. Sportsbooks with higher limits are useful for generating VIP status and hedging large promotions.
Betly has low limits. Sportsbooks with lower limits are can make hedging larger promootions, such as those assocaited with VIP status, difficult.
Betly seems to be more likely than other sportsbooks to limit bettors after a withdraw. Avoid withdraws from Betly as much as possible.
Betly has an average MLB vig of 5.1%. Betly MLB odds are slightly worse than popular sportsbooks (4.25%). This is considerably worse than sharp sportsbooks which are closer to 2.19%.
Betly averages -155.1 for MLB favorites which is about the same as popular sportsbooks (-155.0). Betly is worse than sharp sportsbooks which have an average of -147.6.
The average Betly MLB odds on underdogs is 125.7 which is considerably worse than popular sportsbooks (130.1). Betly is worse than sharp sportsbooks which have an average of 134.9.
Notes: You must select the 200% Deposit Match when making your first deposit. A $100 deposit maximizes the promotion for a 200% match, which is a $200 Bonus Bet.
Notes: Bet must be placed within first 14 days of account verification.
Available in: Ohio
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MLB House Rules
Each sportsbook has its own House Rules which determine how a bet is graded. These rules cover unlikely events, such as what happens to your bet when a game is canceled.
Usually, the different house rules across sportsbooks do not have an impact on matched betting. However, in Major League Baseball (MLB), there are notable exceptions. A simple example is when a game is postponed due to weather. Read our House Rules Comparison guide to learn more.
For MLB it is also important to understand what defines Action.
Note: If you are located in Ontario, we are not able to display any available promotions.
Matched Betting
What is the "Matched Betting Value" listed above? This is the amount of profit that you can make from the sign-up offer through a technique called matched betting. In short, it is a mathematical approach to sports betting that guarantees profit by hedging your bets. This allows you to cover all possible outcomes and secure a profit no matter what happens in the game. This is different from gambling because there is no risk of losing. Learn more in our What Is Matched Betting guide.
Betly has an average MLB vig of 5.1%. Betly MLB odds are slightly worse than popular sportsbooks (4.25%). This is considerably worse than sharp sportsbooks which are closer to 2.19%.
Betly averages -155.1 for MLB favorites which is about the same as popular sportsbooks (-155.0). Betly is worse than sharp sportsbooks which have an average of -147.6.
The average Betly MLB odds on underdogs is 125.7 which is considerably worse than popular sportsbooks (130.1). Betly is worse than sharp sportsbooks which have an average of 134.9.
MLB House Rules
Each sportsbook has its own House Rules which determine how a bet is graded. These rules cover unlikely events, such as what happens to your bet when a game is canceled.
Usually, the different house rules across sportsbooks do not have an impact on matched betting. However, in Major League Baseball (MLB), there are notable exceptions. A simple example is when a game is postponed due to weather. Read our House Rules Comparison guide to learn more.
For MLB it is also important to understand what defines Action.
