This is the partner article to “Earn Cashback on a Bet That is Already Guaranteed to Win You Money – The Icing on the Meal!” which discussed using cashback sites to go in for an extra cash boost on your winnings from the sports books. 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 to an online bookie and suvihyvarinen.com 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 is another element that must be included. This centered around betting exchanges.
If you don’t know betting exchanges tend to be 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 happening. An example could be for just one soccer team to outweigh 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, in order to betting against the bookie. On the opposite hand Paul prospective 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 is what will allow us to guarantee we win on each free bet people today receive from an internet based bookie – right now there are many to take advantage of. For every event we may want to place two bets, a traditional bet with the bookie who is supplying the free bet that has a lay bet with a betting exchange. I’m going to give you an excellent to clarify this technique.
Now, imagine that Paul has just found out about matched betting and wants to try it available. First he finds a bookie is actually 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 the free bet he must first place a bet with his or her own money for 25 then he get a free bet of the same value once the qualifying bet has taken care of.
He finds, for example, a football match where the bookie is offering odds of 3rd.0 for team A to win the match and the betting exchange is providing 3.1 for team A not to win (i.e. for team A to lose or draw). Create places 25 in that bet at the bookies and lays 24.59 at the betting exchange. This might sound like a bizarre amount to lay but if you can work it out it must give exactly very same return on whatever outcome occurs in the match. That is often a loss of at least one.64 no matter what happens.