I’m going to illustrate a method I have owned which has provided me with a nice flow of free and extra money over the past couple weeks.
I’ve read and known about this method as well as the basics of it for some years now, but for whatever reason or another I just never got around to implementing this knowledge and cashing in on it until recently.
The method I’m on about is cashing in bookmakers free bets, it’s also known as Matched Betting. I are generating money totally from using these methods for a couple of months now and regularly write about by domain flipping do, on my website.
So far this year I have crafted a few hundred pounds, it really might be a little goldmine and I’ve no where near finished yet.
Basically all I is open new bookmakers accounts, squeeze free bets I have for opening the accounts and then lay the same bets on a betting exchange to buy proportion of the free bet amount to assure myself a cashback no matter what the outcome of the party is.
It is not gambling and is certainly almost risk completely. Most people would say it is risk free, the only reason why I don’t is because should you do it wrong but relaxed breaths . lose money.
To clarify that, what I am saying is in case you place your bets in an incorrect fashion you could lose money. You’ll want to make sure a person simply fully understand what you are doing, you truly read the t’s and c’s to make sure you know optimum bet amounts, a person need to make sure that you understand the principle of laying a team (this will be the opposite to betting on a team to win, end up being effectively still a bet, but a bet on the group NOT winning) on a betting exchange.
For example, a person really are do is open a bookmakers account offering a free bet, for the sake of this situation let’s say vehicles bet is for 50.00 (not an uncommon amount).
I’m going to employ a simple maths let’s imagine. To get the 50.00 free bet, you will likely need to place a 50.00 qualifying bet. To ensure this doesn’t lose you any money, you lay likely to bet on a betting exchange.
So what I’d personally do first is place my qualifying bet. For this I’m going to back England to overcome Australia at cricket at odds of 2.00 (Even money), so I place fifty %.00 on England at 2.00 (Even money) the new bookmaker to win another 50.00.
I then lay England on the betting exchange for 50.00 at Even money (or as close to Even money as I can get), slotsplezier.net this way I won’t lose my qualifying bet of 50.00.
I will probably have to lay England at info on over 2.00 (Even money) as in order to rare for the two prices to be exactly the duplicate. It won’t be too much though, it will be about 2.04 or 2.06, which would mean I would get slightly less than my 50.00 back muscles.
Basically I are certain to get around 48.00 to 49.00 back in this little qualifying bet, meaning it has lost me something between 1.00 to 2.00. But I’m not too bothered about that as I can build it back and more using my free bet.
I then wait for the next cricket match to start review time I use my 50.00 free bet to again back England at 2.00 (Even money) to win 51.00 again.
But this time when I lay England on the betting exchange, I only lay them for 25.00 – half the free bet amount. By using this method I get 40.00 no matter what happens.
This is guaranteed make some money. If England win I win fifty.00 back from my free bet with regards to lose 22.00 on the betting exchange, that’s twenty five.00 profit.
If England lose I will get nothing back from my free bet (remember, I don’t lose anything as it is a free bet). But I do get 5.00 back from the betting exchange because I played a lay bet on England for 25.00 (remember from earlier, when I wrote a lay is really a bet on the team NOT winning). If you would like you can see, won by you no matter what happens.
This is merely a rough guide as to how utilizing of trading (or betting some might say) helps. It is a lot easier to work out the levels of money needed on all parties of the equation this odds I often went in my example. You can be assured that it gets far more awkward to work out the equations involved for those who are dealing using a differing number of odds.