I’m going to point out a method I have owned which has provided me with a nice flow of free and extra spending cash over the past couple of weeks.
I’ve read and known about this method and also the basics of it a few 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, it is also known as Matched Betting. I to be able to generating money for no extra charge from using strategies for a quarter or so now and regularly write about generate income do, on my website.
So far great I have resulted in a few hundred pounds, it really might be a little goldmine and I’ve no where near finished yet.
Basically all I is open new bookmakers accounts, place the free bets I get for opening the accounts and then lay the same bets on a betting exchange to buy proportion of will bet amount in order to guarantee myself a cash return no matter exactly what the outcome of the big is.
It is not gambling and it is almost risk free. Most people would say it is risk free, the only reason why Dislike is because you may it wrong you could lose money.
To clarify that, what I am saying is in case you place your bets in an inaccurate fashion you could lose money. You might want to make sure that you fully understand what you have been doing, you will need read the fine print to make sure you know the bet amounts, may need to do remember to understand the principle of laying a team (this will 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, use 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 exceptional 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 likely to 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 strike Australia at cricket at odds of two.00 (Even money), so I place percent.00 on England at 2.00 (Even money) with no 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 over 2.00 (Even money) as its rare for the two prices to be exactly the similar thing. It won’t be too much though, attracting your ex about 2.04 or 2.06, which means I would get slightly less than my 50.00 lower back.
Basically I will get around 48.00 to 49.00 back in this little qualifying bet, meaning it has lost me something between 1.00 to just.00. But I’m not too bothered about that as I will make it back and more using my free bet.
I then wait for next cricket match to start and bastaslotscasino.com this time I use my 50.00 free bet to again back England at 2.00 (Even money) to win 51.00 again.
But this time when I lay England on the betting exchange, I only lay them for 25.00 – half the free bet amount. This way I get twenty five.00 no matter what happens.
This is guaranteed cash. If England win I win ought to.00 back from my free bet with regards to lose 31.00 on the betting exchange, that’s twenty-six.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 do get twenty six.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 can be a bet on a team NOT winning). If you wish you can see, won by you no appear happens.
This merely rough guide as to how actually of trading (or betting some might say) helps. It is a lot easier to work out the numbers of money needed on all parties of the equation using the odds I often tried in my example. I can assure you that it gets better awkward to run the equations involved if you end up dealing using a differing associated with odds.