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 get an added cash boost to your winnings from the bookies. In this follow-up article we will look at the way of guaranteeing that you make risk free cash using Vegus168 free bet offers.
The standard deal is you sign-up to an online bookie and deposit some funds together. After this you place a bet together (usually for odds over 2.), once this really is settled you claim your free bet.
Just after the above procedure would not guarantee you free cash. There is another element that really must be included. This can be based on betting exchanges.
If you are unfamiliar 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 who have a desire for betting using one result of an occasion. An example may be for starters soccer team to beat another.
If there have been two bettors, Peter and Paul, who wished 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 wished to bet on team A beating team B but Paul wished to bet against team A beating team B then whoever bet on the correct outcome would receive money through the other. Peter would be taking the traditional role in betting for team A to win, much like betting up against the bookie. On the other hand Paul will be betting against team A winning, ultimately taking the bookie’s role.
Using the position of betting against a function happening, including team A winning in the earlier example, is called laying. This is what will permit us to guarantee that we win on each free bet that people receive from a web-based bookie – and there are numerous to make the most of. For every event we would want to place two bets, a conventional bet with all the bookie who is supplying the free bet and a lay bet having a betting exchange. I will give you an illustration to clarify this method.
Now, imagine that Paul recently 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 terms and conditions of the free bet offer (essential – always read 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 receive a free of charge bet the exact same value once the qualifying bet has settled.
He finds, for example, a football match in which the bookie is providing odds of 3. for team A to win the match as well as the betting exchange is providing 3.1 for team A to not win (i.e. for team A to shed or draw). Then he places £25 on this bet on the bookies and lays £24.59 at the betting exchange. This might seem like a strange figure to lay however, if you work it out it is going to give precisely the same return on whatever outcome happens in the match. Which is a loss of £1.64 regardless of what happens.
This looks like a poor start. Paul just lost money and I said this was a guaranteed method to win risk-free!
BUT, now we have qualified for the free bet. So Paul’s next bet will have a significantly better outcome.
Now he bets on player B to overcome player A at odds of 5. at the bookie and manages to obtain the same odds with all 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 on the betting exchange so that no matter what the end 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 your free bet our company is left using a risk free profit of £17.55.
Paul was quite happy 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 with other sites. He created a quick look for bookies offering cashback at his usual cashback site. He clicked a link vxziqz for the bookie which was supplying the เว็บแทงบอลออนไลน์ and earned himself an added £10 for two minutes work.
So for placing two risk free bets Paul had were able to earn himself £27.55. A very important thing is the fact no matter what the outcome he knew which he will be certain to win money. Paul felt it was quite nice to win money this easily and repeated this procedure repeatedly.