I’m going to highlight 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 is often easily years now, suvihyvarinen.com but i enjoy 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 have been generating money for free from using techniques for a few days now and regularly write about by domain flipping do, on my website.
So far calendar year I have designed 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 purchase for opening the accounts and then lay the same bets on a betting exchange for just a proportion of deals are going to bet amount to assure myself a money back no matter what the outcome of the event is.
It is not gambling and is almost risk free of charge. Most people would say it is risk free, the only reason why I don’t is because you are able to it wrong others lose money.
To clarify that, what I am saying is whenever you place your bets in the wrong fashion you could lose money. It is advisable to make sure you fully understand what you are actually doing, you have to read the terms to make sure you know the bet amounts, a person need to do remember to understand the principle of laying a team (this will be the opposite to betting on a team to win, appeared effectively still a bet, but a bet on the group NOT winning) on a betting exchange.
For example, people do is open a bookmakers account offering a free bet, for the sake of this situation let’s say vehicles bet is for 50.00 (not a hard-to-find amount).
I’m going to be able to 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 this is equally bet on a betting exchange.
So what I would 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 percent.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 is actually usually rare for 2 prices to be exactly the selfsame. It won’t be too much though, it will be about 2.04 or 2.06, which will mean I would get slightly less than my 50.00 back in time.
Basically I will get around 48.00 to 49.00 back in my small qualifying bet, meaning it has lost me something between 1.00 to 5.00. But I’m not too bothered about that as I can build it back and more using my free bet.
I then wait for an 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 25.00 – half the free bet amount. Shattered I get 28.00 no matter what happens.
This is guaranteed money. If England win I win 10.00 back from my free bet my partner and i lose 25.00 on the betting exchange, that’s 31.00 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 get 5.00 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, shipped to you no challenege show up happens.
This is just a rough guide as to how this method of trading (or betting some might say) will work. It is a lot easier to exercise the volumes of money needed on both sides of the equation with the odds I used in my example. I can assure you that it gets way too awkward to decide the equations involved for those who are dealing along with a differing regarding odds.