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 to pay for extra cash boost to winnings from the sports books. In this follow up article we can 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 for online bookie and deposit some cash with them. After this you place a bet with them (usually for odds over 2.0), wheelofroulette.com once this is settled you claim your free bet.
Just following previously mentioned procedure would not guarantee you free cash. There an additional element that should be included. This is based around betting swaps.
If you are unfamiliar with betting exchanges tend to be a relatively recent addition to online betting that at the moment are very popular. Briefly, this involves patching two bettors together who have an interest in betting on one outcome of a sight. An example could be 1 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 money from the other. Peter would be taking the traditional role in betting for team A to win, similar to betting against the bookie. On the opposite hand Paul might possibly be betting against team A winning, really 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 is what will allow us to guarantee that i win on each free bet folks receive from internet bookie – right now there are many to take advantage of. Everyone event we checking on the reviews place two bets, a traditional bet with the bookie who is providing the free bet and a lay bet with 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 apart. 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 totally free whataburger coupons 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 about three.0 for team A to win the match and the betting exchange can give 3.1 for team A not november 23 (i.e. for team A to lose or draw). Then he places 25 this particular bet at the bookies and lays 24.59 at the betting exchange. Could sound like a strange amount to lay but if you can work it out it should give exactly exactly the same return on whatever outcome occurs in the match. That is a loss of 0.64 no matter what happens.