Matched Betting has been one of the best ways to make money for the past decade and it continues to provide for those who have only just discovered it.

Here we are going to show you why you must be Matched Betting if you live in Belgium and exactly how to get started.

What is Matched Betting?

Matched Betting is a risk-free system that takes advantage of the free bets and bonuses online bookmakers offer to new and existing customers.

Using a two bet system we can eliminate all of the risk associated with sports betting and guarantee ourselves a profit from the offers we receive.

Is Matched Betting Legal in Belgium?

Yes. Matched Betting is 100% legal.

There is nothing illegal about placing bets at the bookmakers and the only time Matched Betting is illegal, is if gambling itself is illegal.

Sports Betting is heavily regulated in Belgium since the 2011 Gambling act came into law.

Belgians are now required to only play at bookmakers that are licensed by the Belgian gambling commission. If a player is caught betting at an unregulated company, they could be fined up to €20,000.

Now, it is very unlikely to be fined that much, there are recent reports of players being fined €200 for playing on foreign unregulated companies.

The Belgian gambling commission states that is the bettors responsibility to figure out if the company they want to gamble on is regulated.

The Belgium Gambling Commission Official Website

Do you pay tax on winnings?

No. All of the money you earn from Matched Betting does not require tax payments.

Similar to most countries, the tax responsibility falls onto the bookmaker, as they are required to pay a percentage of the bets placed on their books.

Full time sports betting

Now, there is one circumstance when you are required to pay tax and that is if sports betting is your sole income. If this is the case and you earn more than the minimum tax barrier then you will be required to pay income tax.

Oddshero does not give out legal advice and you have 100% responsibility to understand the tax laws.

The Best Bookmakers for Matched Betting in Belgium?

Because of Belgium's strict law, there is a smaller range of bookmakers to choose from, however, there is still more than enough to profit from.

Let us run you through some of the most popular bookmakers for Belgium Matched Bettors.

Bwin

One of the biggest names in the European market, it is no surprise that Bwin is popular for Belgium bettors.

Bwin were one of the first foreign bookmakers to adhere to the strict Belgian gambling laws and enter the Belgian market.

For Matched Bettors they have a great signup bonus with a 100% Deposit Bonus up to€100.

As you can see, new customers living in Belgium can earn themselves a €100 bonus by signing up to Bwin. Using the techniques of Matched Betting we can guarantee ourselves at least €80 profit from just this one offer.

Unibet

Another giant of European sports betting, Unibet is a must for Belgian players. With their competitive odds, extremely slick design and an option of French or Dutch, Unibet continues to provide for their users.

Unibet offers new customers a €50 signup bonus. Using the techniques of Matched Betting we can guarantee ourselves at least €40 profit.

Ladbrokes

One of the leading names in the British market, Ladbrokes have opened up their services to Belgian players. The company offers great pre-match and in-play odds and continues to provide great offers from which we can profit.

Many More

This is just a few of the many bookmakers available in the Belgian market. Here at Oddshero, we have around 70 different bookmakers for you to choose from.

Summary

Although Belgium has very strict gambling laws compared to the majority of other markets, Belgian players can still profit from Matched Betting.

Earnings from Matched Betting are not subject to tax unless sports betting is your sole income.

If you want to begin your Matched Betting journey, then sign up here for free and earn your first $100 bonus.