I’m going to clearly show a method I have owned which has provided me with a nice flow of free and extra spending cash over the past month or so.
I’ve read and known about this method as well as the basics of it for whatever reason 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, it is usually known as Matched Betting. I have been generating money for no extra charge from using these methods for a quarter or so now and regularly write about buying and selling domains do, on my website.
So far great I have crafted a few hundred pounds, it really is a little goldmine and I’ve no where near finished yet.
Basically all I do is open new bookmakers accounts, squeeze free bets I am for opening the accounts and then lay the same bets on a betting exchange to buy a proportion of will bet amount in order to guarantee myself a purchasing no matter exactly what the outcome of the big is.
It is not gambling and it is almost risk completely. Most people would say it is risk free, the only reason why I do not is because if you do it wrong practical, then focus lose money.
To clarify that, spielothekstrategie.org what I am saying is whenever you place your bets in an incorrect fashion you could lose money. You might want to make sure an individual fully understand what you have been doing, you truly read the terms and conditions to make sure you know highest bet amounts, may need to make sure that you 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 team NOT winning) on the betting exchange.
For example, a person really are do is open a bookmakers account offering a free bet, for the sake of this situation let’s say the free bet is for 50.00 (not a hard-to-find amount).
I’m going unit simple maths for this example. 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 the same bet on a betting exchange.
So what I’d personally do first is place my qualifying bet. For this I’m going to back England to get rid of Australia at cricket at odds of two.00 (Even money), so I place fifty %.00 on England at 2.00 (Even money) although 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 over 2.00 (Even money) as its rare for 2 prices to be exactly the similar thing. It won’t be too much though, it will be about 2.04 or 2.06, which would mean I would get slightly less than my 50.00 back muscles.
Basically I will obtain around 48.00 to 49.00 back in my small qualifying bet, meaning it has lost me something between 1.00 to 4.00. 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 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. By using this method I get 25.00 no matter what happens.
This is guaranteed money. If England win I win 51.00 back from my free bet and i lose twenty six.00 on the betting exchange, that’s twenty-six.00 profit.
If England lose I will get nothing back from my free bet (remember, I don’t lose anything as it’s a free bet). But I do get 23.00 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). If you would like you can see, won by you no matter what happens.
This is merely rough guide as to how this method of trading (or betting some might say) helps. It is a lot easier to run the sums of money needed on both sides of the equation with the odds I made use of in my example. You can be assured that it gets a lot more awkward to run the equations involved if you end up dealing along with a differing number of odds.