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 White!” which discussed using cashback sites to to pay for extra cash boost of your winnings from the bookies. 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 is another element that should be included. This draws on around betting swaps.
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 an interest in betting on one outcome of a sight. An example could be for starters soccer team to outweigh 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 get compensated from the other. Peter would be taking the traditional role in betting for team A to win, much like betting against the bookie. On the opposite hand Paul could betting against team A winning, really taking the bookie’s role.
Taking the position of betting against an event happening, such as team A winning in the earlier example, is because laying. This is what will allow us to guarantee that any of us win on each free bet folks receive from an online bookie – presently there are many to be able to advantage of. Everyone event we will want to place two bets, a traditional bet with the bookie who is providing the free bet using a lay bet along with a betting exchange. I’m going to give you a case in point to clarify technique.
Now, imagine that Paul has just found out about matched betting and wants to try it out. First he finds a bookie who is offering a free bet. Then he reads the terms and conditions of the free bet offer (very important – always read the T&Cs). He discovers that to get will bet he must first place a bet with his signature money for 25 then he will receive a free bet of the same value once the qualifying bet has satisfied.
He finds, for example, a football match where the bookie is offering odds of 3rd.0 for casino-inc.net team A to win the match and the betting exchange is providing 3.1 for team A not to win (i.e. for team A to lose or draw). Create places 25 on that bet at the bookies and lays 24.59 at the betting exchange. May well sound like an odd amount to lay but if you’re working it out it’s give exactly very same return on whatever outcome occurs their match. That is really a loss of 0.64 no matter what happens.