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 get an extra cash boost 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 money 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 end up being included. This centered around betting exchanges.
If you don’t know betting exchanges usually are very well a relatively recent addition to online betting that become very popular. Briefly, this involves patching two bettors together who have a desire for betting on one outcome of proficient event. An example could be 1 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 money from the many other. 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, in essence 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 is what will allow us to guarantee that i win on each free bet when i receive from an online bookie – and there are many in order to advantage of. Everyone event we will want to place two bets, a traditional bet with the bookie who is providing the free bet and lay bet using a betting exchange. I’m going to give you an example to clarify it.
Now, imagine that Paul has just found out about matched betting and wants to try it out. First he finds a bookie that 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 deals are going to bet he must first place a bet with his or her own money for 25 then he will get a free bet of the same return once the qualifying bet has settled.
He finds, for example, a football match where the bookie is offering odds of about three.0 for team A to win the match and the betting exchange can give 3.1 for bestespielhalle.com team A not november 23 (i.e. for team A to lose or draw). Create places 25 on this subject bet at the bookies and lays 24.59 at the betting exchange. This may sound like an unusual amount to lay but if you’re employed it out it must give exactly exactly the same return on whatever outcome occurs their match. That can be a loss of 0.64 no matter what happens.