This is the partner article to “Earn Cashback on a Bet Much more Already Guaranteed to Win You Money – The Icing on the Treat!” which discussed using cashback sites to get an extra cash boost to your winnings from the bookies. In this follow up article we can look at the technique for guaranteeing that you make risk free cash using online bookies free bet offers.
The standard deal is that you sign up a good online bookie and deposit some cash with them. After this you place a bet with them (usually for odds over 2.0), once this is settled you claim your free bet.
Just following the above procedure would not guarantee you free cash. There 1 other element that must be included. This centered around betting markets.
If you are unfamiliar with betting exchanges they are a relatively recent addition to online betting that have become very popular. Briefly, this involves patching two bettors together who have a desire for betting on one outcome of a happening. An example could be for just one soccer team to overcome another.
If there were two bettors, Peter and Paul, who wanted to place a bet on the certain soccer team A beating another soccer team B then the betting exchange could patch them together. If Peter wanted to bet on team A beating team B but Paul wanted to bet against team A beating team B then whoever bet on the correct outcome would receives a commission from the opposite. Peter would be taking the traditional role in betting for team A to win, similar to betting against the bookie. On another hand Paul would be betting against team A winning, in essence taking the bookie’s role.
Taking the position of betting against an event happening, such as team A winning in the last example, is referred to laying. This precisely what will allow us to guarantee that i win on each free bet which people receive from a price bookie – and there are many take a look at advantage of. For each event we may want to place two bets, a traditional bet with the bookie who is supplying the free bet that has a lay bet using a betting exchange. I will give you an excellent to clarify technique.
Now, imagine that Paul has just found out about matched betting and wishes to try it apart. First he finds a bookie who is offering a free bet. Then he reads the affiliate agreement of the free bet offer (very important – always read the T&Cs). He discovers that to get the free bet he must first place a bet with his own money for 25 then he get a free bet of the same return once the qualifying bet has resolved.
He finds, for example, a football match where the bookie is offering odds of three or more.0 for team A to win the match and the betting exchange is offering 3.1 for team A not to win (i.e. for famouscasinosvegas.org team A to lose or draw). Then he places 25 on that bet at the bookies and lays 24.59 at the betting exchange. May well sound like a bizarre amount to lay but if knowledge it out it’s give exactly you shouldn’t return on whatever outcome occurs in the match. That can be a loss of at least one.64 no matter what happens.