I’m going to illustrate a method I have been using which has provided me with a nice flow of free and easy money over the past month or so.
I’ve read and known about this method and also the basics of it for whatever reason years now, but a celebrity 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 usually known as Matched Betting. I happen to generating money for no extra charge from using techniques for a several months now and regularly write about generate an income do, on my website.
So far great I have designed 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, place the free bets I have for opening the accounts and then lay the same bets on a betting exchange for their proportion of will bet amount to assure myself a purchasing no matter what the outcome of the celebration is.
It is not gambling and it is almost risk free. Most people would say it is risk free, the only reason why I do not 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 inaccurate fashion you could lose money. You’ll want to make sure you fully understand what you are doing, you have to read the finer points to make sure you know optimum bet amounts, may need to be sure to understand the principle of laying a team (this will be the opposite to betting on a team to win, usually effectively still a bet, but a bet on the c’s 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 exceptional amount).
I’m going unit simple maths for this example. To get the 50.00 free bet, you most likely need to place a 50.00 qualifying bet. To ensure this doesn’t lose you any money, you lay the same 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 defeat Australia at cricket at odds of two.00 (Even money), so I place 50.00 on England at 2.00 (Even money) along with 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 a little over 2.00 (Even money) as its rare for foxycasinoclub.com 2 prices to be exactly the selfsame. It won’t be too much though, it could be about 2.04 or 2.06, which means I would get slightly less than my 50.00 raise.
Basically I will obtain around 48.00 to 49.00 back on my 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 help make it back and more using my free bet.
I then wait for a next cricket match to start that 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. This way I get thirty.00 no matter what happens.
This is guaranteed money. If England win I win 51.00 back from my free bet i lose twenty six.00 on the betting exchange, that’s 27.00 profit.
If England lose I am going to get nothing back from my free bet (remember, I don’t lose anything as it is 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 a team NOT winning). 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) performs. It is a lot easier to exercise the sums of money needed on they can be kept of the equation the new odds I often tried in my example. I can assure you that it gets better awkward to decide the equations involved when you’re dealing with a differing number of odds.