This is the partner article to “Earn Cashback on a Bet That’s Already Guaranteed to Win You Money – The Icing on the Treat!” which discussed using cashback sites to get an extra cash boost on your winnings from the bookies. 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 with regard 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 previously mentioned procedure would not guarantee you free cash. There an additional element that must be included. This is based around betting markets.
If you don’t know betting exchanges tend to be 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 a sight. An example could be for one soccer team to get rid of another.
If there were two bettors, Peter and Paul, who wanted to place a bet on the 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 opposite. Peter would be taking the traditional role in betting for team A to win, significantly like betting against the bookie. On another hand Paul might possibly be betting against team A winning, fundamentally taking the bookie’s role.
Taking the position of betting against an event happening, such as team A winning in the previous example, is in order to as laying. This just what will allow us to guarantee we win on each free bet that we receive from an isolated bookie – presently there are many to be able to advantage of. Every single event we may want to place two bets, a traditional bet with the bookie who is offering the free bet using a lay bet using a betting exchange. I will give you one example to clarify technique.
Now, imagine that Paul has just found out about matched betting and vinnapacasino.com wishes to try it on. First he finds a bookie is actually 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 or her own money for 25 then he will get a free bet of the same return once the qualifying bet has taken care of.
He finds, for example, a football match where the bookie is offering odds of three or more.0 for team A to win the match and the betting exchange can give 3.1 for team A not to win (i.e. for team A to lose or draw). Create places 25 this particular bet at the bookies and lays 24.59 at the betting exchange. This might sound like an odd amount to lay but if knowledge it out it must give exactly you shouldn’t return on whatever outcome occurs typically the match. That is a loss of at least one.64 no matter what happens.