This is the partner article to “Earn Cashback on a Bet That’s Already Guaranteed to Win You Money – The Icing on the White!” which discussed using cashback sites to to pay for extra cash boost of your 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), once this is settled you claim your free bet.
Just following the above procedure would not guarantee you free cash. There 1 other element that end up being included. This centered around betting exchanges.
If you are unfamiliar with betting exchanges yet 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 conquer 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 alternative. 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 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 previous example, is in order to as laying. This exactly what will allow us to guarantee that any of us win on each free bet which people receive from a price bookie – generally there are many in order to advantage of. For each event we will want to place two bets, a traditional bet with the bookie who is providing the free bet and lay bet along with 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 wishes to try it available. First he finds a bookie can be 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 vehicles 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 value 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 kasinotaulaopas.net 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 in that bet at the bookies and lays 24.59 at the betting exchange. Could sound like an odd amount to lay but if you work it out it will give exactly you shouldn’t return on whatever outcome occurs typically the match. That is really a loss of 1.64 no matter what happens.