I’m going to highlight a method I have been using which has provided me with a nice flow of free and easy money over the past couple weeks.
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 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 happen to generating money free gratis from using strategies for a few days now and regularly write about generate income do, on my website.
So far calendar year I have developed a few hundred pounds, it really is a goldmine and I’ve no where near finished yet.
Basically all I is open new bookmakers accounts, set the free bets I receive for opening the accounts and then lay the same bets on a betting exchange for their proportion of the free bet amount to assure myself a cash return no matter what the outcome of the ‘development’ is.
It is not gambling and will be almost risk free of charge. Most people would say it is risk free, the only reason why Dislike is because should you do it wrong just lose money.
To clarify that, what I am saying is whenever you place your bets in an incorrect fashion you could lose money. You’ll want to make sure that you fully understand what you have been doing, you need to read the terms and conditions to make sure you know the utmost bet amounts, and you need to make sure that you understand the principle of laying a team (this will be the opposite to betting on a team to win, every person effectively still a bet, but a bet on the group NOT winning) on a betting exchange.
For example, use 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 infrequent amount).
I’m going to use simple maths for this example. To get the 50.00 free bet, you will 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 would personally do first is place my qualifying bet. For this I’m going to back England to beat Australia at cricket at odds of two.00 (Even money), so I place 25.00 on England at 2.00 (Even money) along with 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 info on over 2.00 (Even money) as it is rare for the two prices to be exactly the duplicate. It won’t be too much though, attracting your ex about 2.04 or 2.06, which would mean I would get slightly less than my 50.00 back in time.
Basically I could possibly get 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 will make it back and also using my free bet.
I then wait for eenvoudiggokken.org a 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 40.00 again.
But this time when I lay England on the betting exchange, I only lay them for 25.00 – half the free bet amount. Before getting I get 28.00 no matter what happens.
This is guaranteed 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 27.00 profit.
If England lose Let me get nothing back from my free bet (remember, I don’t lose anything as it is a free bet). But I do get twenty five.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 a team NOT winning). you can see, won by you no matter happens.
This is simply a rough guide as to how this process of trading (or betting some might say) performs. It is a lot easier to exercise the levels of money needed on both parties of the equation with the odds I used in my example. You can be assured that it gets way too awkward to run the equations involved if you end up dealing with a differing variety of odds.