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 of your winnings from the bookies. In this follow up article we will 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 a good 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 previously mentioned procedure would not guarantee you free cash. There an additional element that should be included. This is based around betting markets.
If you are unfamiliar with betting exchanges effectively a relatively recent addition to online betting that have been very popular. Briefly, this involves patching two bettors together who have a desire for betting on one outcome of a sight. An example could be 1 soccer team to beat 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 extra. Peter would be taking the traditional role in betting for team A to win, much betting against the bookie. On the other hand Paul prospective betting against team A winning, basically 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 folks receive from an internet based bookie – generally there are many to be able to advantage of. For each event we checking on the reviews place two bets, a traditional bet with the bookie who is providing the free bet that has a lay bet with 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 wishes to try it out. First he finds a bookie that offering a free bet. Then he reads the agreements 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 personal money for 25 then he will get a free bet of the same return once the qualifying bet has wrapped up.
He finds, for underbartkasino.com example, a football match where the bookie is offering odds of 3.0 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. May well sound like a strange amount to lay but if you’re working it out it will give exactly exactly the same return on whatever outcome occurs from the match. That is really a loss of 7.64 no matter what happens.