This is the partner article to “Earn Cashback on a Bet Much more Already Guaranteed to Win You Money – The Icing on the White!” which discussed using cashback sites to obtain an extra cash boost to 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 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 an additional element that should be included. This is based around betting trades.
If you don’t know betting exchanges they are a relatively recent addition to online betting that have cultivated very popular. Briefly, this involves patching two bettors together who have a desire for betting on one outcome of a happening. An example could be for just one soccer team to overcome 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 opposite. Peter would be taking the traditional role in betting for underbartkasino.com team A to win, in order to betting against the bookie. On the other hand Paul could 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 earlier example, is because laying. This just what will allow us to guarantee that we win on each free bet that we receive from an isolated bookie – generally there are many in order to advantage of. For every event we will want to place two bets, a traditional bet with the bookie who is supplying the free bet that has a lay bet by using a betting exchange. I’m going to give you a case in point to clarify this technique.
Now, imagine that Paul has just found out about matched betting and wants 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 vehicles bet he must first place a bet with his own money for 25 then he will receive a free bet of the same return once the qualifying bet has resolved.
He finds, for example, a football match where the bookie is offering odds of three or more.0 for team A to win the match and the betting exchange is providing 3.1 for team A not to win (i.e. for team A to lose or draw). Precisely what places 25 on that bet at the bookies and lays 24.59 at the betting exchange. This might sound like a strange amount to lay but if you can work it out planning to give exactly exactly the same return on whatever outcome occurs in the match. That can be a loss of at least one.64 no matter what happens.