This is the partner article to “Earn Cashback on a Bet A lot more places Already Guaranteed to Win You Money – The Icing on the Treat!” which discussed using cashback sites to have an extra cash boost your winnings from the bookies. In this follow up article we will appear 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 to an 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 an additional element that end up being included. This centered around betting exchanges.
If you don’t know betting exchanges they are a relatively recent addition to online betting that at the moment are very popular. Briefly, this involves patching two bettors together who have an interest in betting on one outcome of proficient event. An example could be for one soccer team to overcome another.
If there were two bettors, Peter and Paul, who wanted to place a bet on a 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 many other. Peter would be taking the traditional role in betting for team A to win, much like betting against the bookie. On one other hand Paul might betting against team A winning, in effect taking the bookie’s role.
Taking the position of betting against an event happening, such as team A winning in the earlier example, is in order to laying. This exactly what will allow us to guarantee that we win on each free bet folks receive from an online 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 providing the free bet and lay bet by using a betting exchange. I will give you a model to clarify this technique.
Now, imagine that Paul has just found out about matched betting and wishes to try it available. First he finds a bookie can be offering a free bet. Then he reads the stipulations of the free bet offer (very important – always read the T&Cs). He discovers that to get deals are going to bet he must first place a bet with his signature money for 25 then he get a free bet of the same value once the qualifying bet has settled.
He finds, for example, a football match where the bookie is offering odds of or casino-inc.net even.0 for team A to win the match and the betting exchange can give 3.1 for team A not to win (i.e. for team A to lose or draw). Then he places 25 in that bet at the bookies and lays 24.59 at the betting exchange. This may sound like an unusual amount to lay but if you’re working it out it’s give exactly likely to return on whatever outcome occurs typically the match. That is a loss of distinct.64 no matter what happens.