I’m going to illustrate 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 the basics of it to remedy years now, but for whatever reason or another I just 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 is also known as Matched Betting. I tend to be generating money 100 % free from using strategies for a few months now and regularly write about generate income do, on my website.
So far 12 months I have made a few hundred pounds, it really might be a goldmine and I’ve no where near finished yet.
Basically all I do is open new bookmakers accounts, assemble the free bets I get for opening the accounts and then lay the same bets on a betting exchange for a proportion of the free bet amount to assure myself a cash return no matter what the outcome of the party is.
It is not gambling and is almost risk reduce. Most people would say it is risk free, the only reason why Certain is because you may it wrong just lose money.
To clarify that, what I am saying is if you place your bets in the wrong fashion you could lose money. You have to make sure which fully understand what you are doing, you need to read the fine print to make sure you know optimum bet amounts, additionally need to make sure that you understand the principle of laying a team (this could be the opposite to betting on a team to win, it is effectively still a bet, but a bet on the c’s NOT winning) on the betting exchange.
For example, as a precaution do is open a bookmakers account offering a free bet, for the sake of this example let’s say totally free whataburger coupons bet is for 50.00 (not an uncommon amount).
I’m going to employ a simple maths for this example. 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 this is equally bet on a betting exchange.
So what I would personally do first is place my qualifying bet. For this I’m going to back England to defeat Australia at cricket at odds of two.00 (Even money), so I place fifty %.00 on England at 2.00 (Even money) with no 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 somewhat over 2.00 (Even money) as is actually usually rare for thehamletenigma.com the two prices to be exactly the same. It won’t be too much though, it will be about 2.04 or 2.06, which means I would get slightly less than my 50.00 raise.
Basically I could possibly get 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 etc . using my free bet.
I then wait for a 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 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 25.00 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 22.00 on the betting exchange, that’s 31.00 profit.
If England lose I am going to get nothing back from my free bet (remember, I don’t lose anything as it’s 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 a team NOT winning). If you would like you can see, won by you no matter happens.
This merely rough guide as to how actually of trading (or betting some might say) helps. It is a lot easier to work out the levels of money needed on both sides of the equation this odds I often went in my example. I can assure you that it gets better awkward to lift weights the equations involved by being dealing having a differing regarding odds.