Identifying similar keywords, known as broad matches, is an im- portant task in online advertising that has become a standard fea- ture on all major keyword advertising platforms. Effective broad matching leads to improvements in both relevance and monetiza- tion, while increasing advertisers’ reach and making campaign man- agement easier. In this paper, we present a learning-based approach to broad matching that is based on exploiting implicit feedback in the form of advertisement clickthrough logs. Our method can uti- lize arbitrary similarity functions by incorporating them as features. We present an online learning algorithm, Amnesiac Averaged Per- ceptron, that is highly efficient yet able to quickly adjust to the rapidly-changing distributions of bidded keywords, advertisements and user behavior. Experimental results obtained from (1) histor- ical logs and (2) live trials on a large-scale advertising platform demonstrate the effectiveness of the proposed algorithm and the overall success of our approach in identifying high-quality broad match mappings.