This is the partner article to “Earn Cashback on a Bet That’s Already Guaranteed to Win You Money – The Icing on the Cake!” which discussed using cashback sites to go in for an extra cash boost 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 a good online bookie and deposit some money using 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 yet another element that must be included. This is founded on around betting transactions.
If you are unfamiliar with betting exchanges yet a relatively recent addition to online betting that become very popular. Briefly, this involves patching two bettors together who have a desire for betting on one outcome of something. 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 a 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, similar to betting against the bookie. On the additional hand Paul prospective betting against team A winning, in effect taking the bookie’s role.
Taking the position of betting against an event happening, such as team A winning in the last example, is in order to laying. This precisely what will allow us to guarantee we win on each free bet that we receive from an internet based bookie – presently there are many think about advantage of. For every event we should take time to place two bets, a traditional bet with the bookie who is offering the free bet that has a lay bet by using a betting exchange. Let me give you a model to clarify this method.
Now, imagine that Paul has just found out about matched betting and wishes to try it finally out. First he finds a bookie who is offering a free bet. Then he reads the terms 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 own money for 25 then he will get a free bet of the same return once the qualifying bet has resolved.
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 is providing 3.1 for team A not to win (i.e. for xn--deluxcasinopnett-oob.com team A to lose or draw). Precisely what places 25 on this subject bet at the bookies and lays 24.59 at the betting exchange. This may sound like a bizarre amount to lay but if knowledge it out it will give exactly exactly the same return on whatever outcome occurs typically the match. That is often a loss of 1.64 no matter what happens.