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 obtain an extra cash boost to winnings from the sports books. 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 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 previously mentioned procedure would not guarantee you free cash. There but another element that should be 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 a happening. An example could be for just one soccer team to get rid of 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 get compensated from the opposite. Peter would be taking the traditional role in betting for team A to win, significantly like betting against the bookie. On the additional hand Paul would be 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 just what will allow us to guarantee we win on each free bet which people receive from a price bookie – and there are many to take advantage of. Every event we should take time to place two bets, a traditional bet with the bookie who is offering the free bet and a lay bet by using a betting exchange. Let me give you an example to clarify this method.
Now, imagine that Paul has just found out about matched betting and wants to try it available. 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 personal money for 25 then he 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 3.0 for team A to win the match and the betting exchange can give 3.1 for listejeuxcasino.com team A not november 23 (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. May possibly sound like an odd amount to lay but if you can work it out it’s give exactly likely to return on whatever outcome occurs in the match. That is a loss of at least one.64 no matter what happens.