This is the partner article to “Earn Cashback on a Bet That’s Already Guaranteed to Win You Money – The Icing on the Treat!” which discussed using cashback sites to go in for an 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 to an 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 previously mentioned procedure would not guarantee you free cash. There an additional element that must be included. This is founded on around betting transactions.
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 an interest in betting on one outcome of an event. An example could be for one 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 cash from the many other. Peter would be taking the traditional role in betting for team A to win, much betting against the bookie. On the additional hand Paul might possibly be 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 earlier example, is in order to as laying. This exactly what will allow us to guarantee that we win on each free bet which people receive from internet bookie – and there are many to take advantage of. Every single event we should take time to place two bets, a traditional bet with the bookie who is supplying the free bet that has a lay bet along with a betting exchange. I’m going to give you an example to clarify technique.
Now, imagine that Paul has just found out about matched betting and wishes to try it available. First he finds a bookie who is offering a free bet. Then he reads the terms and conditions of the free bet offer (very important – always read the T&Cs). He discovers that to get will 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 wrapped up.
He finds, for example, suomiarvat-casino.org a football match where the bookie is offering odds of 3rd.0 for team A to win the match and the betting exchange is offering 3.1 for team A not november 23 (i.e. for team A to lose or draw). Precisely what places 25 on that bet at the bookies and lays 24.59 at the betting exchange. This might sound like a weird amount to lay but if you’re working it out it’s give exactly likely to return on whatever outcome occurs from the match. That is a loss of 0.64 no matter what happens.