How to make money From Free Bets Using Matched Betting
I’m going to tell you a method I have used which has provided me with a nice flow of free and fast money over the past month or so.
I’ve read and known about this method and the basics of it for whatever reason years now, but for reasons unknown or another I just never got around to implementing this knowledge and cashing in on it until recently.
The method I’m on about is cashing in bookmakers free bets, it is usually known as Matched Betting. I tend to be generating money for no extra charge from using these methods for a couple of months now and regularly write about how i do, on my website.
So far this year I have made a few hundred pounds, it really might be a little goldmine and I’ve no where near finished yet.
Basically all I is open new bookmakers accounts, position the free bets I purchase for opening the accounts and then lay the same bets on a betting exchange to buy a proportion of vehicles bet amount to assure myself a money back no matter exactly what the outcome of the big is.
It is not gambling and is almost risk completely. Most people would say it is risk free, the only reason why Dislike is because pick it wrong but relaxed breaths . lose money.
To clarify that, what I am saying is that if you place your bets in the wrong fashion you could lose money. You have to make sure a person simply fully understand what you are doing, you have got to read the terms to make sure you know the maximum bet amounts, an individual need to just make sure understand the principle of laying a team (this may be the opposite to betting on a team to win, usually effectively still a bet, but a bet on the c’s NOT winning) on a betting exchange.
For example, as a precaution do is open a bookmakers account offering a free bet, for the sake of this example let’s say totally free whataburger coupons bet is for 50.00 (not an infrequent amount).
I’m going to employ a simple maths let’s imagine. To get the 50.00 free bet, you will probably need to place a 50.00 qualifying bet. To ensure this doesn’t lose you any money, you lay specifically the same bet on a betting exchange.
So what I would personally do first is place my qualifying bet. For this I’m going to back England to overcome Australia at cricket at odds of 2.00 (Even money), so I place 50.00 on England at 2.00 (Even money) with the bookmaker to win another 50.00.
I then lay England on the betting exchange for 50.00 at Even money (or as close to Even money as I can get), this way I won’t lose my qualifying bet of 50.00.
I will probably have to lay England at somewhat over 2.00 (Even money) as it is rare for the two prices to be exactly the duplicate. It won’t be too much though, it could be about 2.04 or 2.06, which would mean I would get slightly less than my 50.00 back in time.
Basically I will get around 48.00 to 49.00 back on my qualifying bet, meaning it has lost me something between 1.00 to 4.00. But I’m not too bothered about that as I can build it back and others using my free bet.
I then wait for next cricket match to start naturally time I use my 50.00 free bet to again back England at 2.00 (Even money) to win around 50.00 again.
But this time when I lay England casinofiable.info on the betting exchange, I only lay them for 25.00 – half the free bet amount. By using this method I get twenty five.00 no matter what happens.
This is guaranteed make some money. If England win I win 51.00 back from my free bet and that i lose 31.00 on the betting exchange, that’s twenty-six.00 profit.
If England lose I will get nothing back from my free bet (remember, I don’t lose anything as it is a free bet). But I do get 23.00 back from the betting exchange because I played a lay bet on England for 25.00 (remember from earlier, when I wrote a lay can be a bet on the team NOT winning). So that you can see, won by you no challenege show up happens.
This is just a rough guide as to how strategy of trading (or betting some might say) performs. It is a lot easier to exercise the numbers of money needed on both parties of the equation with the odds I used in my example. You can be assured that it gets a lot more awkward to work out the equations involved when you’re dealing with a differing number of odds.
