This is the partner article to “Earn Cashback on a Bet Much more Already Guaranteed to Win You Money – The Icing on the Cake!” which discussed using cashback sites to go in for an extra cash boost to your winnings from the sports books. In this follow up article we 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 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 is another element that must be included. This primarily based around betting exchanges.
If you don’t know betting exchanges effectively 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 happening. An example could be for one soccer team to conquer 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 receives a commission from the alternative. Peter would be taking the traditional role in betting for team A to win, significantly like betting against the bookie. On the other hand Paul might possibly be 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 previous example, is known as laying. This precisely what will allow us to guarantee we win on each free bet that we receive from an online bookie – right now there are many in order to advantage of. For each event we will want to place two bets, a traditional bet with the bookie who is offering the free bet and lay bet having a betting exchange. I will 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 of the free bet offer (very important – always read the T&Cs). He discovers that to get the free bet he must first place a bet with his own money for 25 then he will get 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 three or casino-inc.net more.0 for team A to win the match and the betting exchange is offering 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 work it out it should give exactly the same return on whatever outcome occurs from the match. That is really a loss of distinct.64 no matter what happens.