I’m going to clearly show a method I have been using which has provided me with a nice flow of free and extra money over the past few weeks.
I’ve read and known about this method and also the basics of it a few years now, but for reasons unknown 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 is also known as Matched Betting. I are generating money for free from using procedures for a several months now and regularly write about by domain flipping do, on my website.
So far this year I have designed a few hundred pounds, it really is a goldmine and I’ve no where near finished yet.
Basically all I do is open new bookmakers accounts, set the free bets I purchase for opening the accounts and then lay the same bets on a betting exchange to buy proportion of the free bet amount in order to guarantee myself a money back no matter what the outcome of the party is.
It is not gambling and is almost risk free. Most people would say it is risk free, the only reason why I do not is because should you do it wrong just lose money.
To clarify that, what I am saying is in case you place your bets in the wrong fashion you could lose money. You need to make sure that you fully understand what you’re really doing, you need to read the finer points to make sure you know optimum bet amounts, and you need to just make sure understand the principle of laying a team (this will be the opposite to betting on a team to win, appeared effectively still a bet, but a bet on the team 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 example let’s say will bet is for 50.00 (not an exceptional amount).
I’m going to be able to simple maths let’s imagine. To get the 50.00 free bet, you will probably need to place a 50.00 qualifying bet. To ensure this doesn’t lose you any money, you lay specifically the same bet on a betting exchange.
So what I would personally do first is place my qualifying bet. For this I’m going to back England to defeat Australia at cricket at odds of two.00 (Even money), so I place fifty %.00 on England at 2.00 (Even money) with no bookmaker to win another 50.00.
I then lay England on the betting exchange for 50.00 at Even money (or as near to Even money as I can get), this way I won’t lose my qualifying bet of 50.00.
I will probably have to lay England at a little bit over 2.00 (Even money) as always be rare for the two prices to be exactly the same. It won’t be too much though, it will be about 2.04 or 2.06, which means I would get slightly less than my 50.00 back muscles.
Basically I can be around 48.00 to 49.00 back in my small 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 etc . using my free bet.
I then wait for the next cricket match to start that time I use my 50.00 free bet to again back England at 2.00 (Even money) to win around 50.00 again.
But this time when I lay England on the betting exchange, I only lay them for natcasinosvenskaspel.com 25.00 – half the free bet amount. This way I get twenty five.00 no matter what happens.
This is guaranteed money. If England win I win ought to.00 back from my free bet i lose 25.00 on the betting exchange, that’s 27.00 profit.
If England lose I will get nothing back from my free bet (remember, I don’t lose anything as it’s a free bet). But I get 25.00 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 often a bet on the team NOT winning). If you would like you can see, you win no appear happens.
This is merely rough guide as to how this method of trading (or betting some might say) works. It is a lot easier to exercise the amounts of money needed on both sides of the equation the new odds I often went in my example. I can assure you that it gets better awkward to lift weights the equations involved if you end up dealing with a differing number of odds.