This Is the partner article to “Earn Cashback on the Bet Which is Already Sure to Win You Money – The Icing on the Cake!” which discussed using cashback sites to have an additional cash boost to your winnings through the bookies. In this particular follow-up article we are going to glance at the way of guaranteeing that you make risk free cash using online bookies free bet offers.
The standard deal is you sign up with an online bookie and deposit some cash along with them. After this you place a bet together (usually for odds over 2.), once this can be settled you claim your free bet.
Just pursuing the above procedure would not guarantee you free cash. There is certainly another element that must definitely be included. This really is based around betting exchanges. In case you are unfamiliar with betting exchanges they may be a relatively recent accessory for BK8 that have become extremely popular. Briefly, this involves patching two bettors together that have an interest in betting on one result of an occasion. An illustration may be for starters soccer team to beat another.
If there have been two bettors, Peter and Paul, who wanted to place a bet over a certain soccer team A beating another soccer team B then the betting exchange could patch them together. If Peter wished 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 receive money from your other. Peter will be taking the traditional role in betting for team A to win, comparable to betting up against the bookie. On the contrary Paul will be betting against team A winning, essentially taking the bookie’s role.
Using the position of betting against an occasion happening, like team A winning in the previous example, is called laying. This is what will permit us to guarantee we win on each free bet we receive from a web-based bookie – and there are lots of to take advantage of. For every event we would want to place two bets, a traditional bet using the bookie who may be offering the free bet along with a lay bet using a betting exchange. I provides you with a good example to clarify this technique.
Now, suppose that Paul recently discovered about matched betting and wants to give it a try. First he finds a bookie who is offering a totally free bet. Then he reads the stipulations of the free bet offer (extremely important – 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 of charge bet the exact same value when the qualifying bet has settled.
He finds, for example, a football match where the bookie offers likelihood of 3. for team A to win the match and the betting exchange offers 3.1 for team A not to win (i.e. for team A to lose or draw). Then he places £25 with this bet in the bookies and lays £24.59 on the betting exchange. This may seem to be a strange amount to lay however, if you work it all out it will akrhrn precisely the same return on whatever outcome takes place in the match. That is a loss of £1.64 regardless of what happens.
This sounds like a bad start. Paul recently lost money and i also said it was a guaranteed way to win risk free! BUT, now we have qualified for the free bet. So Paul’s next bet will have a significantly better outcome. This time around he bets on player B to conquer player A at likelihood of 5. in the bookie and manages to obtain the same odds using the betting exchange. He uses his free £25 bet to place the bet on the bookies. He then works out he has to lay £20.20 in the betting exchange in order that regardless of what the result he will win the identical amount.
This time around the match finishes and he has won £19.19. Whenever we get rid of the £1.64 that Paul lost in qualifying for the free bet we are left having 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 or she is a frequent cashback site user and knew which they offered free money for clicking on their links to other sites. He created a quick look for bookies offering cashback at his usual cashback site. He clicked a web link to the bookie that was supplying the free bet and earned himself an additional £10 for 2 minutes work.
So for placing two risk-free bets Paul had was able to earn himself £27.55. A very important thing is the fact no matter what the result he knew that he would be certain to win money. Paul felt which it was quite nice to win money this easily and repeated this technique repeatedly.