This is the partner article to “Earn Cashback on a Bet That is Already Guaranteed to Win You Money – The Icing on the Cake!” which discussed using cashback sites to go in for an extra cash boost your winnings from the sports books. 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 to an online bookie and deposit some cash 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 previously mentioned procedure would not guarantee you free cash. There but another element that should be included. This primarily based around betting transactions.
If you don’t know betting exchanges they are a relatively recent addition to online betting that have become very popular. Briefly, this involves patching two bettors together who have an interest in betting on one outcome of something. An example could be 1 soccer team to beat 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 get compensated from the many other. Peter would be taking the traditional role in betting for team A to win, much betting against the bookie. On the other hand Paul could betting against team A winning, really taking the bookie’s role.
Taking the position of betting against an event happening, such as team A winning in the previous example, is referred to laying. This exactly what will allow us to guarantee that i win on each free bet that we receive from an online bookie – generally there are many in order to advantage of. For each event we may want to place two bets, a traditional bet with the bookie who is supplying the free bet together with lay bet having a betting exchange. I’m going to give you one 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 that offering a free bet. Then he reads the terms and underbartkasino.com conditions of the free bet offer (very important – always read the T&Cs). He discovers that to get vehicles bet he must first place a bet with his signature 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 3rd.0 for team A to win the match and the betting exchange can give 3.1 for team A not november 23 (i.e. for team A to lose or draw). Precisely what places 25 on this subject bet at the bookies and lays 24.59 at the betting exchange. This might sound like a bizarre amount to lay but if you’re employed it out it’s give exactly likely to return on whatever outcome occurs in the match. That is a loss of at least one.64 no matter what happens.