I’m going to illustrate a method I have used which has provided me with a nice flow of free and huge income over the past couple weeks.
I’ve read and known about this method and the basics of it to remedy years now, but for reasons unknown or another I 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’s also known as Matched Betting. I tend to be generating money 100 % free from using strategies for a quarter or so now and regularly write about generate income do, on my website.
So far 12 months I have developed a few hundred pounds, underbartkasino.com it really might be a little goldmine and I’ve no where near finished yet.
Basically all I do is open new bookmakers accounts, squeeze free bets I am for opening the accounts and then lay the same bets on a betting exchange for just a proportion of deals are going to bet amount to assure myself a cash return no matter exactly what the outcome of the celebration is.
It is not gambling and it is almost risk cost-free of charge. Most people would say it is risk free, the only reason why Certain is because you are able to it wrong you could lose money.
To clarify that, what I am saying is that if you place your bets in the wrong fashion you could lose money. It is advisable to make sure an individual fully understand what you are actually doing, you truly read the t’s and c’s to make sure you know the maximum bet amounts, and you need to be sure to understand the principle of laying a team (this may be the opposite to betting on a team to win, it is effectively still a bet, but a bet on the group NOT winning) on the betting exchange.
For example, what you do is open a bookmakers account offering a free bet, for the sake of this example let’s say deals are going to bet is for 50.00 (not an exceptional amount).
I’m going unit simple maths let’s imagine. To get the 50.00 free bet, you most likely 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 do first is place my qualifying bet. For this I’m going to back England to overcome Australia at cricket at odds of two.00 (Even money), so I place fifty %.00 on England at 2.00 (Even money) with the 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 bit over 2.00 (Even money) as in order to rare for the two prices to be exactly the selfsame. It won’t be too much though, it will be about 2.04 or 2.06, which would mean I would get slightly less than my 50.00 raise.
Basically I will get around 48.00 to 49.00 back in this little qualifying bet, meaning it has lost me something between 1.00 to 4.00. But I’m not too bothered about that as I probably will make it back and also using my free bet.
I then wait for an 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 25.00 – half the free bet amount. This way I get 40.00 no matter what happens.
This is guaranteed cash. If England win I win 51.00 back from my free bet i lose 22.00 on the betting exchange, that’s twenty-six.00 profit.
If England lose I’m going to get nothing back from my free bet (remember, I don’t lose anything as it is a free bet). But I do get 5.00 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). So as you can see, won by you no appear happens.
This is just a rough guide as to how utilizing of trading (or betting some might say) capabilities. It is a lot easier to lift weights the amounts of money needed on all parties of the equation the new odds I made use of in my example. I can assure you that it gets way too awkward to clear up the equations involved when you’re dealing using a differing variety of odds.