This is the partner article to “Earn Cashback on a Bet That’s Already Guaranteed to Win You Money – The Icing on the Cake!” which discussed using cashback sites to have an extra cash boost to your winnings from the bookies. In this follow up article we 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 with regard to an online bookie and deposit some cash with 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 but another element that should be included. This is based around betting exchanges.
If you don’t know betting exchanges effectively a relatively recent addition to online betting that become very popular. Briefly, this involves patching two bettors together who have an interest in betting on one outcome of a happening. An example could be for one soccer team to get rid of another.
If there were two bettors, Peter and 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 receive cash from the other. Peter would be taking the traditional role in betting for wheelofroulette.com team A to win, significantly like betting against the bookie. On the opposite hand Paul would be betting against team A winning, basically 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 exactly what will allow us to guarantee that any of us win on each free bet which people receive from an online bookie – generally there are many to take advantage of. Every single event we will want to place two bets, a traditional bet with the bookie who is providing the free bet together with lay bet having a betting exchange. I will give you one example to clarify it.
Now, imagine that Paul has just found out about matched betting and wishes to try it on. First he finds a bookie which offering a free bet. Then he reads the affiliate agreement 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 or her own money for 25 then he will receive a free bet of the same value once the qualifying bet has settled.
He finds, for example, a football match where the bookie is offering odds of or even.0 for team A to win the match and the betting exchange can give 3.1 for team A not november 23 (i.e. for team A to lose or draw). He then places 25 on that bet at the bookies and lays 24.59 at the betting exchange. May possibly sound like an odd amount to lay but if you can work it out planning to give exactly very same return on whatever outcome occurs within the match. That is a loss of distinct.64 no matter what happens.