I’m going to highlight a method I have used which has provided me with a nice flow of free and fast money over the past couple weeks.
I’ve read and known about this method as well as the basics of it a few 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 is usually known as Matched Betting. I to be able to generating money for no extra charge from using techniques for a quarter or so now and regularly write about buying and selling domains do, on my website.
So far great I have developed 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 am for opening the accounts and then lay the same bets on a betting exchange to buy proportion of the free bet amount to assure myself a purchasing no matter what the outcome of the celebration is.
It is not gambling and the time almost risk completely. Most people would say it is risk free, the only reason why I do not is because you may 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 might want to make sure you fully understand what you are doing, you need to read the terms and conditions to make sure you know the maximum bet amounts, additionally need to make sure you understand the principle of laying a team (this is the opposite to betting on a team to win, it is effectively still a bet, but a bet on they NOT winning) on a betting exchange.
For example, as a precaution do is open a bookmakers account offering a free bet, for the sake of this situation let’s say vehicles bet is for 50.00 (not an unusual amount).
I’m going to use simple maths for this example. To get the 50.00 free bet, you will probably 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 50.00 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 a little over 2.00 (Even money) as always be rare for the two prices to be exactly the the precise same. It won’t be too much though, it would be about 2.04 or 2.06, which means I would get slightly less than my 50.00 back.
Basically I will get around 48.00 to 49.00 back tiny qualifying bet, meaning it has lost me something between 1.00 to just.00. But I’m not too bothered about that as I make it back etc . using my free bet.
I then wait for an next cricket match to start and this 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, veikkaus-ruletti.org I only lay them for 25.00 – half the free bet amount. Before getting I get twenty five.00 no matter what happens.
This is guaranteed profit. If England win I win ought to.00 back from my free bet and that i lose 25.00 on the betting exchange, that’s twenty five.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 23.00 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 a bet on the team NOT winning). you can see, won by you no appear happens.
This is just a rough guide as to how strategy of trading (or betting some might say) capabilities. It is a lot easier to work out the volumes of money needed on all sides of the equation one odds I used in my example. You can be assured that it gets a lot more awkward to lift weights the equations involved by being dealing by using a differing number of odds.