I’m going to clearly show a method I have owned which has provided me with a nice flow of free and easy money over the past couple weeks.
I’ve read and known about this method and also the basics of it a few years now, but for whatever reason 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, also, it is known as Matched Betting. I tend to be generating money for free from using techniques for a several months now and regularly write about generate an income do, on my website.
So far great I have resulted in a few hundred pounds, 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 vehicles bet amount to assure myself a cashback no matter what the outcome of the party is.
It is not gambling and it is almost risk completely. Most people would say it is risk free, the only reason why I don’t is because if you do it wrong just lose money.
To clarify that, what I am saying is that if you place your bets in an incorrect fashion you could lose money. You need to make sure you fully understand what you are doing, you need to read the terms to make sure you know highest bet amounts, a person need to make sure that you understand the principle of laying a team (this may be the opposite to betting on a team to win, usually effectively still a bet, but a bet on they NOT winning) on the betting exchange.
For example, people do is open a bookmakers account offering a free bet, for the sake of it let’s say totally free whataburger coupons bet is for 50.00 (not an exceptional amount).
I’m going to use simple maths for this example. To get the 50.00 free bet, you will most likely need to place a 50.00 qualifying bet. To ensure this doesn’t lose you any money, you lay this is equally 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 2.00 (Even money), so I place 25.00 on England at 2.00 (Even money) with no bookmaker to win another 50.00.
I then lay England eenvoudiggokken.org 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 little over 2.00 (Even money) as its rare for 2 prices to be exactly the same. It won’t be too much though, might be about 2.04 or 2.06, which will mean I would get slightly less than my 50.00 raise.
Basically I will obtain around 48.00 to 49.00 back little qualifying bet, meaning it has lost me something between 1.00 to just.00. But I’m not too bothered about that as I can build it back and also using my free bet.
I then wait for an next cricket match to start furthermore time I use my 50.00 free bet to again back England at 2.00 (Even money) to win 49.00 again.
But this time when I lay England on the betting exchange, I only lay them for 25.00 – half the free bet amount. In this fashion I get thirty.00 no matter what happens.
This is guaranteed make some money. If England win I win 10.00 back from my free bet and that i lose 31.00 on the betting exchange, that’s 25.00 profit.
If England lose Let me get nothing back from my free bet (remember, I don’t lose anything as it is a free bet). But I do get twenty six.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 really a bet on the team NOT winning). you can see, won by you no matter what happens.
This is simply a rough guide as to how strategy of trading (or betting some might say) capabilities. It is a lot easier to work out the levels of money needed on both parties of the equation this odds I often tried in my example. You can be assured that it gets way too awkward to work out the equations involved if you end up dealing having a differing regarding odds.