This is the partner article to “Earn Cashback on a Bet That’s Already Guaranteed to Win You Money – The Icing on the Meal!” which discussed using cashback sites to have an extra cash boost your winnings from the sports books. In this follow up article we will 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 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 the above procedure would not guarantee you free cash. There an additional element that must be included. This is based around betting exchanges.
If you are unfamiliar with betting exchanges effectively a relatively recent addition to online betting that at the moment are 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 get rid of another.
If there were two bettors, Peter and jeuxpccasino.com 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 opposite. Peter would be taking the traditional role in betting for team A to win, much like betting against the bookie. On the additional hand Paul might possibly be 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 as laying. This precisely what will allow us to guarantee that we win on each free bet folks receive from a price bookie – generally there are many think about advantage of. Every event we may want to place two bets, a traditional bet with the bookie who is offering the free bet and a lay bet along with a betting exchange. I’m going to give you one example to clarify technique.
Now, imagine that Paul has just found out about matched betting and wishes to try it on. First he finds a bookie can be offering a free bet. Then he reads the agreements of the free bet offer (very important – always read the T&Cs). He discovers that to get totally free whataburger coupons bet he must first place a bet with his very own money for 25 then he will receive 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 offers 3.1 for team A not november 23 (i.e. for team A to lose or draw). Create places 25 on this bet at the bookies and lays 24.59 at the betting exchange. Could sound like a strange amount to lay but if you can work it out it must give exactly exactly the same return on whatever outcome occurs in the match. That is really a loss of at least one.64 no matter what happens.