This is the partner article to "Earn Cashback on a Bet Because of this Already Guaranteed to Win You Money - The Icing on the White!" which discussed using cashback sites to have an extra cash boost your winnings from the bookies. 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 a good online bookie and deposit some money 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 1 other element that should be included. This centered around betting trades.
If you don't know 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 an interest in betting on one outcome of something. An example could be for starters soccer team to conquer 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 money from the many other. Peter would be taking the traditional role in betting for team A to win, significantly like betting against the bookie. On the additional hand Paul could betting against team A winning, in effect taking the bookie's role.
Taking the position of betting against an event happening, famouscasinosvegas.org such as team A winning in the earlier example, is known as laying. This precisely what will allow us to guarantee that any of us win on each free bet which people receive from internet bookie - generally there are many take a look at advantage of. Every single event we should take time to place two bets, a traditional bet with the bookie who is offering the free bet and a lay bet by using a betting exchange. I will give you an example to clarify this 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 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 personal money for 25 then he will receive a free bet of the same return once the qualifying bet has settled.
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). He then places 25 on that bet at the bookies and lays 24.59 at the betting exchange. May well sound like an unusual amount to lay but if you're employed it out planning to give exactly the same return on whatever outcome occurs typically the match. That is a loss of 1.64 no matter what happens.