This is the partner article to “Earn Cashback on a Bet That is Already Guaranteed to Win You Money – The Icing on the White!” which discussed using cashback sites to to pay for extra cash boost on your winnings from the bookies. In this follow up article we 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 to an 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 the above procedure would not guarantee you free cash. There an additional element that must be included. This centered around betting trades.
If you don’t know betting exchanges effectively a relatively recent addition to online betting that have become very popular. Briefly, this involves patching two bettors together who have a desire for betting on one outcome of an event. An example could be for one soccer team to get rid of 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 receives a commission from the opposite. Peter would be taking the traditional role in betting for team A to win, onlinegokkentips.nl in order to betting against the bookie. On the other 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 known as laying. This just what will allow us to guarantee that i win on each free bet that we receive from an isolated bookie – generally there are many in order to advantage of. Every event we will want to place two bets, a traditional bet with the bookie who is providing the free bet and a lay bet by using a betting exchange. I am going to give you an excellent 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 who is 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 the free bet he must first place a bet with his signature money for 25 then he get a free bet of the same value once the qualifying bet has settled.
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). Droped straight places 25 this particular bet at the bookies and lays 24.59 at the betting exchange. May well sound like a bizarre amount to lay but if you’re working it out it’s give exactly exactly the same return on whatever outcome occurs within the match. That is really a loss of distinct.64 no matter what happens.