what does /biz/ think of matched/speculative betting as

What does "Back" and "Lay" mean in this context?

I've only started reading into it recently. You stand a good chance of being gubbed if you make the same bets as the thousands of other bongs doing it

Gambling shouldn't be considered as a source of income. Isn't that how people get into trouble?

>>1460573
>Gambling shouldn't be considered as a source of income
You must have forgotten where we are.

>>1460573
When you matched bet correctly you aren't gambling. UK bookies offer bonuses for new gamblers and reloads for existing.

You bet with the bookie for the bonus and place an opposing bet at betfair. You win either way and keep the bonus. There is a bit more to it but there are services which teach everything. It's legal here aswell but if they catch you, your account will get banned.

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>>1460603
>>1460320
>>1460297
>mfw people call betting an "investment strategy"

>>1460297
>what does /biz/ think of gambling as a source of income

KYS