How to earn money From Free Bets Using Matched Betting

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 so often.

I’ve read and known about this method and the basics of it for whatever reason years now, but for whatever reason 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, also, it is known as Matched Betting. I have been generating money totally from using these methods for a few days now and regularly write about generate income do, on my website.

So far 12 months I have crafted a few hundred pounds, it really might be a little goldmine and I’ve no where near finished yet.

Basically all I do is open new bookmakers accounts, assemble the free bets I purchase for opening the accounts and then lay the same bets on a betting exchange to buy a proportion of vehicles bet amount in order to guarantee myself a cashback no matter exactly what the outcome of the party is.

It is not gambling and is certainly almost risk free of charge. Most people would say it is risk free, the only reason why Certain is because you may it wrong you could lose money.

To clarify that, what I am saying is whenever you place your bets in an incorrect fashion you could lose money. You need to make sure which fully understand what you are doing, you will need read the fine print to make sure you know highest 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, it is effectively still a bet, but a bet on the group NOT winning) on a betting exchange.

For example, what you do is open a bookmakers account offering a free bet, for the sake of it let’s say will bet is for 50.00 (not an infrequent amount).

I’m going unit simple maths let’s imagine. 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 this is equally 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 get rid of Australia at cricket at odds of two.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 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 somewhat over 2.00 (Even money) as its rare for 2 prices to be exactly the selfsame. It won’t be too much though, it could be about 2.04 or 2.06, which will mean I would get slightly less than my 50.00 back.

Basically I could possibly get around 48.00 to 49.00 back 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 probably will make it back plus using my free bet.

I then wait for next cricket match to start naturally 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, I only lay them for casinosuisse.net 25.00 – half the free bet amount. Shattered I get 28.00 no matter what happens.

This is guaranteed generate revenue. If England win I win 51.00 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 am going to get nothing back from my free bet (remember, I don’t lose anything as it’s a free bet). But I get 25.00 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 often a bet on the team NOT winning). you can see, won by you no matter what happens.

This merely rough guide as to how strategy of trading (or betting some might say) helps. It is a lot easier to exercise the levels of money needed on both parties of the equation one odds I used in my example. I can assure you that it gets way too awkward to work out the equations involved when you are dealing having a differing regarding odds.