I’m going to highlight a method I have been using which has provided me with a nice flow of free and fast money over the past couple of weeks.
I’ve read and known about this method along with the basics of it for whatever reason 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 happen to generating money for free from using procedures for a few months now and regularly write about by domain flipping do, casino-inc.net on my website.
So far 12 months I have resulted in a few hundred pounds, it really is a little goldmine and I’ve no where near finished yet.
Basically all I is open new bookmakers accounts, squeeze free bets I get for opening the accounts and then lay the same bets on a betting exchange for a proportion of will bet amount in order to guarantee myself a money back no matter what the outcome of the big is.
It is not gambling and the time almost risk completely. Most people would say it is risk free, the only reason why I don’t is because you may it wrong just lose money.
To clarify that, what I am saying is any time you place your bets in an inaccurate fashion you could lose money. You might want to make sure which fully understand what you’re really doing, you need to read the finer points to make sure you know highest bet amounts, additionally need to make sure you 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 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 situation let’s say will bet is for 50.00 (not an uncommon amount).
I’m going to use simple maths let’s imagine. 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 the identical bet on a betting exchange.
So what I’d do first is place my qualifying bet. For this I’m going to back England to strike Australia at cricket at odds of two.00 (Even money), so I place 250.00 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 info on over 2.00 (Even money) as always be rare for the two prices to be exactly the similar thing. It won’t be too much though, it would be about 2.04 or 2.06, which would mean I would get slightly less than my 50.00 raise.
Basically I are certain to get around 48.00 to 49.00 back on my qualifying bet, meaning it has lost me something between 1.00 to 2.00. But I’m not too bothered about that as I will help make it back etc . using my free bet.
I then wait for 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 51.00 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 40.00 no matter what happens.
This is guaranteed make some money. If England win I win fifty.00 back from my free bet and that i lose twenty six.00 on the betting exchange, that’s 25.00 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 a bet on the team NOT winning). If you would like you can see, won by you no appear happens.
This is merely rough guide as to how this process of trading (or betting some might say) will work. It is a lot easier to clear up the numbers of money needed on all sides of the equation using the odds I often tried in my example. I can assure you that it gets better awkward to lift weights the equations involved when you are dealing along with a differing regarding odds.