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 Spain and exactly how to get started.
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.
Yes. Matched Betting is 100% completely legal in Spain.
There is nothing illegal about using the bookmakers offers to our advantage as we are only placing bets.
It is important to know that Matched Betting is illegal as long as gambling is illegal in your country of residence. Thankfully, gambling is legal in Spain, so we do not have to worry about it.
All forms of gambling have been legal in Spain for the past 30 years. However, not until 2011 was the online industry regulated with the introduction of the 2011 Spanish Gambling Act.
The introduction of these regulations meant that Spanish bettors were now able to place bets with confidence, as all bookmakers were required to bide by the new laws.
Unfortunately yes. As Lionel Messi and Cristiano Ronaldo recently found out, Spain has some of the toughest tax laws in the world and so it is no surprise that bettors would also have to pay tax on gambling winnings.
Winnings over €1000 per year will be subject to tax.
There is no set percentage that you will be taxed as you will have to combine your earnings from Matched Betting with all of your other incomes and pay the required tax rate.
Oddshero does not offer legal advice and you have full responsibility to understand the tax laws.
As the average Spanish citizen betstwice as muchas a typical British person, it is no surprise that there are a tonne of the companies available for you to use.
The largest bookmaker in the Spanish market, BWIN is undeniably the juggernaut of Spanish betting.
Since their sponsorship of Real Madrid almost 15 years ago, BWIN has continued to dominate the market and are a must for Spanish bettors.
One of the most famous names in the world of sports betting, William Hill is now one of the biggest names in the Spanish industry.
William Hill offers a great signup bonus for new customers with the chance to receive a €200 bonus. In order to qualify for the full amount, we have to follow the terms & conditions carefully.
Let us walk you through it.
The first stage of the signup bonus is to place a €5 bet on a selection that has odds 2.4 or above.
Once we have placed the €5 bet we will receive a bonus worth €25,which we can use to profit from.
The remaining €175 can be earnt over the next 22 weeks. In order to qualify we have to place 3 or more bets, totalling at least €75 per week.
When we have placed the 3 bets, we will receive a €25 bonus the next day. We can then repeat this process 7 times in order to receive the full €200 bonus.
Remember Oddshero has an integrated oddsmatcher that will tell youexactlywhich bets to place.
Betfair is perhaps the most famous name in sports betting, thanks to their market leading betting exchange, however, they are also one of the best sportsbooks currently in operation.
For Spanish punters, they’re offering a €100 signup bonus for new customers.
In order to receive the bonus, we have to place a €10 bet to receive a €20 free bet.We can then repeat this process five times to receive the full €100.
These three are just the tip of the iceberg of bookmakers currently available for Spanish punters.
Here at Oddshero, we have 70 different bookmakers that you can profit with.
Online bookmakers offering bonuses and free bets has been on a huge rise since the Spanish Gambling act came into law in 2011.
As all of the online bookmakers fight for your money, there has never been a better time to start Matched Betting in Spain.
More and more signup bonuses are being offered to Spanish bettors and there is a great opportunity to make a consistent online income.
Trademate users have earned over 5.000.000 EUR in profit, and you can join them. Start earning real money beating the bookmakers with the proven methods of value betting now!Get started Now - For Free
Our partners at Oddshero applies the proven method of Matched Betting to help you profit from bookmaker bonus offers. You can earn your first 1.000 EUR in less than a month!Find out more
We recommend Sportmarket as your Broker/Account to the Asian Bookmakers and Exchanges.Visit Sportmarket
Get The Best Articles and News To Your Inbox
Subscribe to our newsletter and stay updated.