I’m going to tell you a method I have used which has provided me with a nice flow of free and huge income over the past month or so.
I’ve read and known about this method and the basics of it for whatever reason years now, but for some reason 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 are generating money totally from using techniques for a several months now and regularly write about generate an income do, on my website.
So far this year I have developed 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 have for opening the accounts and then lay the same bets on a betting exchange to buy a proportion of the free bet amount to assure myself a money back no matter what the outcome of the big is.
It is not gambling and it is almost risk reduce. 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 in case you place your bets in an incorrect fashion you could lose money. You have to make sure that you fully understand yourself doing, you truly read the t’s and c’s to make sure you know the utmost bet amounts, a person need to make sure you understand the principle of laying a team (this is the opposite to betting on a team to win, appeared effectively still a bet, but a bet on the c’s NOT winning) on the betting exchange.
For example, as a precaution do is open a bookmakers account offering a free bet, for the sake of it let’s say the free bet is for 50.00 (not an uncommon amount).
I’m going to employ a simple maths for this example. To get the 50.00 free bet, you will most likely 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 2.00 (Even money), so I place 25.00 on England at 2.00 (Even money) the new bookmaker to win another 50.00.
I then lay England on the betting exchange for 50.00 at Even money (or as near 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 always be rare for 2 prices to be exactly the similar thing. It won’t be too much though, it would be about 2.04 or 2.06, which means I would get slightly less than my 50.00 raise.
Basically I will obtain around 48.00 to 49.00 back in this little qualifying bet, meaning it has lost me something between 1.00 to 4.00. But I’m not too bothered about that as I make it back and others using my free bet.
I then wait for the next cricket match to start that time I use my 50.00 free bet to again back England at 2.00 (Even money) to win around 50.00 again.
But this time when I lay England on the betting exchange, bastanatcasinot.com I only lay them for 25.00 – half the free bet amount. By using this method 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 22.00 on the betting exchange, that’s 31.00 profit.
If England lose I’m going to get nothing back from my free bet (remember, I don’t lose anything as it’s a free bet). But I 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). If you would like you can see, you win no appear happens.
This is just a rough guide as to how this process of trading (or betting some might say) works. It is a lot easier to exercise the sums of money needed on both parties of the equation one odds We used in my example. I can assure you that it gets far more awkward to decide the equations involved when you’re dealing using a differing regarding odds.