This is actually the partner article to “Earn Cashback on a Bet That is Already Sure to Win Serious Cash – The Icing on the Cake!” which discussed using cashback sites to get an extra cash boost to your winnings from the bookies. Within this follow up article we will glance at the way of guaranteeing that you make risk-free cash using online bookies free bet offers.
The typical deal is that you sign up with an online bookie and deposit some cash with them. Following this you place a bet together (usually for odds over 2.), once this is settled you claim your free bet.
Just pursuing the above procedure would not guarantee you free cash. There is another element that must be included. This really is based on betting exchanges. In case you are unfamiliar with betting exchanges these are a relatively recent addition to เว็บพนันออนไลน์ that are presently quite popular. Briefly, this involves patching two bettors together that have a desire for betting on a single result of an event. A good example might be for one soccer team to beat another.
If there was two bettors, Peter and Paul, who wished to place a bet over a certain soccer team A beating another soccer team B then your betting exchange could patch them together. If Peter desired to bet on team A beating team B but Paul wished to bet against team A beating team B then whoever bet on the correct outcome would receive money through the other. Peter will be using the traditional role in betting for team A to win, similar to betting from the bookie. On the contrary Paul could be betting against team A winning, essentially taking the bookie’s role.
Taking the position of betting against an event happening, such as team A winning in the earlier example, is known as laying. This is what will permit us to guarantee we win on each free bet that we receive from an online bookie – and there are lots of to make the most of. For every event we may wish to place two bets, a conventional bet with all the bookie who may be supplying the free bet along with a lay bet with a betting exchange. I will provide you with an illustration to explain this technique.
Now, suppose that Paul has just found out about matched betting and wants to try it out. First he finds a bookie that is offering a free of charge bet. Then he reads the stipulations of the free bet offer (essential – always browse 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 will receive a free bet the exact same value after the qualifying bet has settled.
He finds, as an example, a football match where bookie is offering likelihood of 3. for team A to win the match as well as the betting exchange is offering 3.1 for team A not to win (i.e. for team A to get rid of or draw). Then he places £25 on this bet in the bookies and lays £24.59 at the betting exchange. This could seem like a strange amount to lay but if you work it all out it is going to give precisely the same return on whatever outcome takes place in the match. Which is a lack of £1.64 regardless of what happens.
This seems like a bad start. Paul just lost money and that i said it was a guaranteed way to win risk-free! BUT, now we have qualified for our free bet. So Paul’s next bet may have a much better outcome. Now he bets on player B to overcome player A at chances of 5. at the bookie and manages to obtain the same odds using the betting exchange. He uses his free £25 bet to place pyiyki bet on the bookies. Then he works out which he must lay £20.20 on the betting exchange so that no matter what the result he will win the same amount.
This time the match finishes and he has won £19.19. Whenever we get rid of the £1.64 that Paul lost in qualifying for that free bet we are left using a risk-free profit of £17.55. Paul was quite satisfied with the £17.55 he had just won – especially because he had already earned £10 before he even placed the bet! He is a frequent cashback site user and knew which they offered free money for clicking on their links to many other sites. He made a quick hunt for bookies offering cashback at his usual cashback site. He clicked a hyperlink right through to the bookie which had been providing the free bet and earned himself an extra £10 for two minutes work.
So for placing two risk free bets Paul had was able to earn himself £27.55. The best thing is that whatever the outcome he knew that he will be guaranteed to win money. Paul felt it was quite nice to win money this easily and repeated this procedure over and over again.