This is a partner article to “Get Cashback on Bets That Are Guaranteed to Win You – The Icing on the Cake!” which discusses using cashback sites to get extra cash for your winnings from the bookies. In this follow-up article we will look at techniques to guarantee that you are making risk free cash using online bookies free bet offers.
The standard deal is that you register with an online bookmaker and deposit some money with them. After this you place a bet with them (usually for odds above 2.0), once this is resolved you claim your free bet. 바카라사이트
Just following the procedure above will not guarantee you free cash. There are other elements that must be included. It i sed on betting exchange.
If you are not familiar with betting exchanges, they are a relatively new addition to online betting which has become very popular. Briefly, this involves patching two bettors together who have an interest in betting on a single outcome of an event. An example could be for one soccer team to beat another.
If there are two bettors, Peter and Paul, who want to place a bet on a certain football team A beating another football team B, then a betting exchange can bring them together. If Peter wants to bet on team A beating team B but Paul wants to bet on team A beating team B then whoever bets on the correct outcome will receive money from the other. Peter will take the traditional role of betting for team A to win, similar to betting against the bookie. On the other hand, Paul would bet against the winning team A, essentially taking on the role of the bookie.
Taking a betting position against an event taking place, such as team A’s victory in the previous example, is known as laying. This is what will allow us to guarantee that we win on every free bet we receive from an online bookmaker – and there is plenty to take advantage of. For each event we like to place two bets, a traditional bet with the bookmaker offering free bets and a lay bet with a betting exchange. I will give an example to clarify this technique.
Now, imagine that Paul just found out about matched betting and wants to give it a try. First he finds a bookie that offers free bets. Then he reads the terms and conditions of the free bet offer (very important – always read the T&C). He discovers that to get the free bet he must first place a bet with his own money of £25 then he will receive a free bet of the same value once the qualifying bet is settled.
He finds, for example, a football match where the bookmaker 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). He then placed £25 on this bet at the bookies and put £24.59 on the betting exchange. This may sound like an odd amount to lay down but if you manage to do it it will give exactly the same return on whatever outcome occurs in the game. That is a loss of £1.64 no matter what.
This sounds like a bad start. Paul just lost money and I told you this is a guaranteed way to win no risk!
BUT, now we have qualified for our free bet. So Paul’s next bet will have a much better result.
This time he bets on player B to beat player A at 5.0 odds at the bookie and manages to get the same odds on the betting exchange. He used his free £25 bet to place bets at the bookies. He then worked out that he needed to put £20.20 on the betting exchange so that whatever the outcome he would win the same amount.
This time the match was over and he had won £19.19. If we take the £1.64 that Paul lost in qualifying for the free bet, we will have a risk-free profit of £17.55.
Paul was quite happy with the £17.55 he had just won – especially since he had earned £10 before he even placed the bet!
He is a frequent user of cashback sites and knows that they offer free money for clicking their links to other sites. He did a quick search for bookies that offered cashback on his usual cashback site. He clicks on a link to a bookie offering a free bet and gets an extra £10 for two minutes of work.
So for placing two risk free bets Paul has managed to earn himself £27.55. The best thing was that whatever the outcome, he knew that he would be guaranteed to win money. Paul found it quite fun to win easy money and repeated this technique over and over.