I’m going to tell you a method I have been using which has provided me with a nice flow of free and fast money over the past month or so.
I’ve read and known about this method and wheelofroulette.com also the basics of it for some years now, but i enjoy 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, it is additionally known as Matched Betting. I have been generating money for free from using methods for a several months now and regularly write about by domain flipping do, on my website.
So far enjoying a I have made a few hundred pounds, it really is a goldmine and I’ve no where near finished yet.
Basically all I do is open new bookmakers accounts, squeeze free bets I receive for opening the accounts and then lay the same bets on a betting exchange to buy proportion of the free bet amount to assure myself a cashback no matter exactly what the outcome of the event is.
It is not gambling and will be almost risk cost-free of charge. Most people would say it is risk free, the only reason why I don’t is because if you do it wrong just lose money.
To clarify that, what I am saying is any time you place your bets in an incorrect fashion you could lose money. You might want to make sure a person simply fully understand yourself doing, you will need read the terms to make sure you know highest bet amounts, and you need to make sure that you understand the principle of laying a team (this may be 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, people 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 an exceptional amount).
I’m going a cordless simple maths let’s imagine. 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 specifically the same bet on a betting exchange.
So what I’d do first is place my qualifying bet. For this I’m going to back England to overcome Australia at cricket at odds of two.00 (Even money), so I place fifty %.00 on England at 2.00 (Even money) with the 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 bit over 2.00 (Even money) as its rare for 2 prices to be exactly the same. It won’t be too much though, it will be about 2.04 or 2.06, which means I would get slightly less than my 50.00 raise.
Basically I could possibly get around 48.00 to 49.00 back tiny qualifying bet, meaning it has lost me something between 1.00 to 2.00. But I’m not too bothered about that as I will help make it back and also using my free bet.
I then wait for the next cricket match to start furthermore time I use my 50.00 free bet to again back England at 2.00 (Even money) to win 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. In this fashion I get 40.00 no matter what happens.
This is guaranteed profit. If England win I win 10.00 back from my free bet and i lose 22.00 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’s a free bet). But I do 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 really a bet on the team NOT winning). If you would like you can see, shipped to you no appear happens.
This is simply a rough guide as to how strategy of trading (or betting some might say) capabilities. It is a lot easier to clear up the amounts of money needed on both parties of the equation one odds I used in my example. I can assure you that it gets more awkward to clear up the equations involved by being dealing using a differing regarding odds.