This is the partner article to “Earn Cashback on a Bet Because of this Already Guaranteed to Win You Money – The Icing on the Meal!” which discussed using cashback sites to obtain an extra cash boost on your winnings from the sports books. In this follow up article we will 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 money using 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 yet another element that end up being included. This is founded on around betting exchanges.
If you are unfamiliar with betting exchanges tend to be a relatively recent addition to online betting that have been 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 outweigh another.
If there were two bettors, Peter and wheelofroulette.com 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 get compensated from the opposite. Peter would be taking the traditional role in betting for team A to win, much like betting against the bookie. On the additional hand Paul might 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 because laying. This is what will allow us to guarantee that i win on each free bet folks receive from internet bookie – presently there are many to take advantage of. For each event we as well place two bets, a traditional bet with the bookie who is offering the free bet and a lay bet by using a betting exchange. I’m going to give you an example to clarify this method.
Now, imagine that Paul has just found out about matched betting and wants to try it on. First he finds a bookie who is 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 totally free whataburger coupons bet he must first place a bet with his signature money for 25 then he will get a free bet of the same value once the qualifying bet has taken care of.
He finds, for example, a football match where the bookie is offering odds of 3rd.0 for team A to win the match and the betting exchange is offering 3.1 for team A not november 23 (i.e. for team A to lose or draw). Then he places 25 on this subject bet at the bookies and lays 24.59 at the betting exchange. This may sound like a weird amount to lay but if you’re working it out it’s give exactly very same return on whatever outcome occurs in the match. That can be a loss of 1.64 no matter what happens.