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 go in for an extra cash boost to winnings from the sports books. In this follow up article we 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 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 yet another element that must be included. This primarily based around betting swaps.
If you don’t know betting exchanges they are 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 happening. An example could be for starters soccer team to beat 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 cash from the alternative. Peter would be taking the traditional role in betting for team A to win, much betting against the bookie. On another hand Paul could betting against team A winning, in essence taking the bookie’s role.
Taking the position of betting against an event happening, such as team A winning in the last example, is because laying. This exactly what will allow us to guarantee that any of us win on each free bet when i receive from an online bookie – and there are many think about advantage of. For each event we as well place two bets, a traditional bet with the bookie who is providing the free bet and lay bet using a betting exchange. I am going to give you a case in point to clarify it.
Now, imagine that Paul has just found out about matched betting and wishes to try it available. 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 very own money for 25 then he will receive a free bet of the same return once the qualifying bet has wrapped up.
He finds, for example, a football match where the bookie is offering odds of or even.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 onlinegokkentips.nl draw). Then he places 25 on this bet at the bookies and lays 24.59 at the betting exchange. May well sound like a strange amount to lay but if you work it out it should give exactly the same return on whatever outcome occurs within the match. That is a loss of 7.64 no matter what happens.