This is the partner article to “Earn Cashback on a Bet That is Already Guaranteed to Win You Money – The Icing on the Treat!” which discussed using cashback sites to get an extra cash boost of your winnings from the sports books. In this follow up article we will appear 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 previously mentioned procedure would not guarantee you free cash. There is another element that must be included. This is based around betting swaps.
If you don’t know betting exchanges usually are very well a relatively recent addition to online betting that have cultivated very popular. Briefly, bestespielhalle.com this involves patching two bettors together who have an interest in betting on one outcome of an event. An example could be for one soccer team to overcome 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 receive cash from the extra. Peter would be taking the traditional role in betting for team A to win, much like betting against the bookie. On the other hand Paul might betting against team A winning, fundamentally taking the bookie’s role.
Taking the position of betting against an event happening, such as team A winning in the earlier example, is known as laying. This precisely what will allow us to guarantee that we win on each free bet when i receive from internet bookie – presently there are many in order to advantage of. Every event we will want to place two bets, a traditional bet with the bookie who is offering the free bet and lay bet using a betting exchange. I am 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 finally out. First he finds a bookie that 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 very own money for 25 then he will receive a free bet of the same return 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 can give 3.1 for team A not to win (i.e. for team A to lose or draw). Droped straight places 25 on this bet at the bookies and lays 24.59 at the betting exchange. This might sound like a bizarre amount to lay but if you’re employed it out it’s give exactly very same return on whatever outcome occurs their match. That can be a loss of 1.64 no matter what happens.