This is the partner article to “Earn Cashback on a Bet Which is Already Guaranteed to Win You Money – The Icing on the Cake!” which discussed using cashback sites to obtain an added cash boost to your winnings from the bookies. In this followup article we are going to look at the technique for guaranteeing that you make risk-free cash using Vegus168.Com free bet offers.
The standard deal is you sign-up with an online bookie and deposit some cash together. After that you set a bet along with them (usually for odds over 2.), once this is settled you claim your free bet.
Just after the above procedure would not guarantee you free cash. There is another element that must definitely be included. This can be based on betting exchanges.
In case you are not familiar with betting exchanges they may be a fairly recent addition to online betting that have become extremely popular. Briefly, this requires patching two bettors together that have an interest in betting using one results of an occasion. An example may be for one soccer team to conquer another.
If there have been two bettors, Peter and Paul, who wanted to place a bet on the certain soccer team A beating another soccer team B then the betting exchange could patch them together. If Peter desired to bet on team A beating team B but Paul wanted to bet against team A beating team B then whoever bet on the correct outcome would receive money through the other. Peter will be taking the traditional role in betting for team A to win, much like betting up against the bookie. On the contrary Paul will be betting against team A winning, in effect taking the bookie’s role.
Taking the position of betting against a function happening, including team A winning in the previous example, is called laying. This is exactly what will allow us to guarantee we win on each free bet we receive from an online bookie – and there are numerous to take advantage of. For every event we may wish to place two bets, a conventional bet with all the bookie that is supplying the free bet and a lay bet using a betting exchange. I provides you with a good example to explain this technique.
Now, suppose that Paul has just learned about matched betting and wants to give it a try. First he finds a bookie who may be offering a totally free bet. Then he reads the conditions and terms from the free bet offer (extremely important – always look at the T&Cs). He discovers that to have the free bet he must first place a bet together with his own money for £25 he then will receive a free of charge bet the exact same value when the qualifying bet has settled.
He finds, for example, a football match in which the bookie is offering likelihood of 3. for team A to win the match and the betting exchange offers 3.1 for team A not to win (i.e. for team A to shed or draw). Then he places £25 about this bet at the bookies and lays £24.59 in the betting exchange. This may seem like a strange add up to lay however, if you work it it will give precisely the same return on whatever outcome happens in the match. Which is a loss of £1.64 whatever happens.
This looks like a bad start. Paul recently lost money and that i said it was a guaranteed way to win risk-free!
BUT, now we have qualified for the free bet. So Paul’s next bet will have a far better outcome.
This time around he bets on player B to beat player A at odds of 5. in the bookie and manages to get the same odds with all the betting exchange. He uses his free £25 bet to place the bet at the bookies. He then works out that he has to lay £20.20 on the betting exchange in order that no matter what the result he will win exactly the same amount.
Now the match finishes and that he has won £19.19. Whenever we get rid of the £1.64 that Paul lost in qualifying for your free bet our company is left with a risk free profit of £17.55.
Paul was quite satisfied with the £17.55 he had just won – especially while he had already earned £10 before he even placed the bet!
He is a frequent cashback site user and knew they offered free money for simply clicking their links with other sites. He created a quick search for bookies offering cashback at his usual cashback site. He clicked a hyperlink vxziqz to the bookie which had been supplying the สมัคร Vegus168 and earned himself an added £10 for just two minutes work.
So for placing two risk free bets Paul had managed to earn himself £27.55. The best thing is the fact whatever the result he knew that he could be certain to win money. Paul felt which it was quite nice to win money this easily and repeated this method over and over again.