This is the partner article to “Earn Cashback on a Bet That is Already Guaranteed to Win Serious Cash – The Icing on the Cake!” which discussed using cashback sites to have an extra cash boost to your winnings from the bookies. In this follow up article we will consider the technique for guaranteeing that you make risk free cash using ทางเข้า Vegus168 free bet offers.
The conventional deal is that you sign-up for an online bookie and deposit some cash together. Following this you set a bet together (usually for odds over 2.), once this can be settled you claim your free bet.
Just after the above procedure would not guarantee you free cash. There is certainly another element that really must be included. This is based around betting exchanges.
If you are not familiar with betting exchanges these are a fairly recent accessory for online betting that have become quite popular. Briefly, this involves patching two bettors together who may have a desire for betting on a single outcome of an occasion. An example might be for one soccer team to overcome another.
If there have been two bettors, Peter and Paul, who desired to place a bet on a certain soccer team A beating another soccer team B then this betting exchange could patch them together. If Peter wished to bet on team A beating team B but Paul desired to bet against team A beating team B then whoever bet on the correct outcome would receive money through the other. Peter would be utilizing the traditional role in betting for team A to win, much like betting against the bookie. On the contrary Paul could be betting against team A winning, essentially using the bookie’s role.
Taking the position of betting against an event happening, like team A winning in the previous example, is referred to as laying. This is what will permit us to guarantee we win on each free bet that we receive from an internet bookie – and there are numerous to take advantage of. For each and every event we will want to place two bets, a traditional bet using the bookie that is offering the free bet as well as a lay bet having a betting exchange. I will provide you with a good example to clarify this procedure.
Now, suppose that Paul just found out about matched betting and wants to try it out. First he finds a bookie who may be offering a totally free bet. He then reads the terms and conditions of the free bet offer (extremely important – always browse the T&Cs). He discovers that to obtain the free bet he must first place a bet with his own money for £25 then he will get a free of charge bet of the same value when the qualifying bet has settled.
He finds, as an example, a football match where the bookie offers odds of 3. for team A to win the match and also the betting exchange offers 3.1 for team A not to win (i.e. for team A to lose or draw). He then places £25 with this bet in the bookies and lays £24.59 in the betting exchange. This may sound like a strange add up to lay but if you work it it can give precisely the same return on whatever outcome occurs in the match. Which is a loss of £1.64 whatever happens.
This sounds like a poor start. Paul just lost money and i also said this was a guaranteed approach to win risk-free!
BUT, now we now have qualified for the free bet. So Paul’s next bet could have a far better outcome.
Now he bets on player B to overcome player A at odds of 5. on the bookie and manages to get the same odds using the betting exchange. He uses his free £25 bet to put the bet in the bookies. Then he works out which he has to lay £20.20 in the betting exchange so that regardless of what the result he will win the same amount.
This time around the match finishes and that he has won £19.19. If we take away the £1.64 that Paul lost in qualifying for that free bet we have been left having a risk free profit of £17.55.
Paul was quite satisfied with the £17.55 he had just won – especially as he had already earned £10 before he even placed the bet!
He is a frequent cashback site user and knew that they offered free money for simply clicking their links to many other sites. He produced a quick look for bookies offering cashback at his usual cashback site. He clicked a hyperlink vxziqz towards the bookie which was supplying the Vegus1168 and earned himself an added £10 for two minutes work.
So for placing two risk free bets Paul had was able to earn himself £27.55. A very important thing is that no matter what the outcome he knew he would be guaranteed to win money. Paul felt that it was quite nice to win money this easily and repeated this method over and over again.