I’m going to clearly show a method I have used which has provided me with a nice flow of free and extra money over the past month or so.
I’ve read and known about this method and the basics of it is often easily years now, but for reasons unknown or another I just 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 tend to be generating money totally from using these methods for a quarter or so now and regularly write about generate an income do, on my website.
So far enjoying a I have developed 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, position the free bets I get for opening the accounts and then lay the same bets on a betting exchange for their proportion of will bet amount in order to guarantee myself a cash return no matter exactly what the outcome of the ‘development’ is.
It is not gambling and the time almost risk free. Most people would say it is risk free, the only reason why I do not is because you are able to it wrong just lose money.
To clarify that, what I am saying is in case you place your bets in an incorrect fashion you could lose money. It is advisable to make sure which fully understand what you’re really doing, you have got to read the finer points to make sure you know the bet amounts, additionally need to just make sure understand the principle of laying a team (this is the opposite to betting on a team to win, usually effectively still a bet, but a bet on the group NOT winning) on the betting exchange.
For example, akaihkisalo.fi as a precaution do is open a bookmakers account offering a free bet, for the sake of this example let’s say vehicles bet is for 50.00 (not an uncommon amount).
I’m going a cordless simple maths let’s imagine. 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’d do first is place my qualifying bet. For this I’m going to back England to beat Australia at cricket at odds of 2.00 (Even money), so I place percent.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 close 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 bit over 2.00 (Even money) as is actually usually rare for 2 prices to be exactly the same. It won’t be too much though, attracting your ex about 2.04 or 2.06, which means I would get slightly less than my 50.00 back muscles.
Basically I can be around 48.00 to 49.00 back tiny qualifying bet, meaning it has lost me something between 1.00 to 2.00. 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 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. This way I get 28.00 no matter what happens.
This is guaranteed profit. If England win I win 10.00 back from my free bet my partner and i lose 31.00 on the betting exchange, that’s 25.00 profit.
If England lose Let me 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 really a bet on a team NOT winning). So that you can see, won by you no matter what happens.
This is just a rough guide as to how this method of trading (or betting some might say) works. It is a lot easier to clear up the sums of money needed on all sides of the equation the new odds We used in my example. I can assure you that it gets way too awkward to lift weights the equations involved if you end up dealing having a differing variety of odds.