This is the partner article to “Earn Cashback on a Bet That is Already Guaranteed to Win You Cash – The Icing on the Cake!” which discussed using cashback sites to obtain an extra cash boost to your winnings from the bookies. In this follow up article we are going to consider the technique for guaranteeing that you make risk-free cash using Vegus168.Com free bet offers.
The conventional deal is that you sign up to an online bookie and deposit some money together. After that you set a bet together (usually for odds over 2.), once this can be settled you claim your free bet.
Just following the above procedure would not guarantee you free cash. There exists another element that really must be included. This is based on betting exchanges.
Should you be new to betting exchanges they may be a fairly recent addition to online betting that have become extremely popular. Briefly, this involves patching two bettors together who may have a desire for betting on a single outcome of an event. A good example could be for one soccer team to beat another.
If there have been two bettors, Peter and Paul, who wished to place a bet on a certain soccer team A beating another soccer team B then this betting exchange could patch them together. If Peter wished to bet on team A beating team B but Paul wanted to bet against team A beating team B then whoever bet on the correct outcome would receive money from your other. Peter would be utilizing the traditional role in betting for team A to win, comparable to betting up against the bookie. On the contrary Paul could be betting against team A winning, in effect using the bookie’s role.
Utilizing the position of betting against a function happening, such as team A winning in the last example, is called laying. This is exactly what will allow us to guarantee that people win on each free bet that we receive from a web-based bookie – and there are numerous to make the most of. For each event we will want to place two bets, a regular bet with the bookie that is providing the free bet along with a lay bet with a betting exchange. I provides you with a good example to explain this procedure.
Now, imagine that Paul just discovered about matched betting and wishes to give it a try. First he finds a bookie that is offering a free bet. He then reads the stipulations from the free bet offer (extremely important – always browse the T&Cs). He discovers that to get the free bet he must first place a bet together with his own money for £25 he then will receive a free bet of the identical value after the qualifying bet has settled.
He finds, for example, a football match where bookie offers chances of 3. for team A to win the match and the betting exchange is offering 3.1 for team A never to win (i.e. for team A to get rid of or draw). Then he places £25 about this bet in the bookies and lays £24.59 on the betting exchange. This could seem like a strange amount to lay but when you work it out it is going to give precisely the same return on whatever outcome takes place in the match. Which is a loss in £1.64 no matter what happens.
This seems like a poor start. Paul just lost money and that i said this is a guaranteed approach to win risk free!
BUT, now we have now qualified for our free bet. So Paul’s next bet will have a much better outcome.
Now he bets on player B to conquer player A at likelihood of 5. in the bookie and manages to have the same odds with all the betting exchange. He uses his free £25 bet to place the bet in the bookies. Then he works out which he has to lay £20.20 on the betting exchange to ensure that no matter what the end result he will win exactly the same amount.
Now the match finishes and he has won £19.19. If we take away the £1.64 that Paul lost in qualifying for your free bet we have been left using a risk free profit of £17.55.
Paul was quite satisfied with the £17.55 he had just won – especially because he had already earned £10 before he even placed the bet!
He or she is a frequent cashback site user and knew that they offered free money for simply clicking their links to many other sites. He created a quick look for bookies offering cashback at his usual cashback site. He clicked a link vxziqz towards the bookie that was offering the Vegus168.Com and earned himself an additional £10 for 2 minutes work.
So for placing two risk-free bets Paul had was able to earn himself £27.55. The best thing is the fact that whatever the result he knew which he will be certain to win money. Paul felt which it was quite nice to win money this easily and repeated this method repeatedly.