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 obtain an extra cash boost of your winnings from the bookies. In this follow up article we 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 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 is another element that must be included. This centered around betting transactions.
If you are unfamiliar with betting exchanges usually are very well a relatively recent addition to online betting that have become very popular. Briefly, this involves patching two bettors together who have a desire for betting on one outcome of a sight. An example could be 1 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 receives a commission from the opposite. Peter would be taking the traditional role in betting for team A to win, much betting against the bookie. On the opposite 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 earlier example, uusisuomikasino.net is referred to laying. This exactly what will allow us to guarantee that any of us win on each free bet which people receive from an online bookie – right now there are many to take advantage of. For each event we checking on the reviews place two bets, a traditional bet with the bookie who is providing the free bet and lay bet by using a betting exchange. I am going to give you one example to clarify it.
Now, imagine that Paul has just found out about matched betting and wants to try it finally out. First he finds a bookie can be offering a free bet. Then he reads the affiliate agreement of the free bet offer (very important – always read the T&Cs). He discovers that to get will bet he must first place a bet with his signature money for 25 then he will receive a free bet of the same value once the qualifying bet has satisfied.
He finds, for example, a football match where the bookie is offering odds of about three.0 for team A to win the match and the betting exchange is offering 3.1 for team A not to win (i.e. for team A to lose or draw). He then places 25 on this subject bet at the bookies and lays 24.59 at the betting exchange. This may sound like a weird amount to lay but if you can work it out it’s give exactly very same return on whatever outcome occurs their match. That can be a loss of at least one.64 no matter what happens.