This is the partner article to “Earn Cashback on a Bet Which is Already Guaranteed to Win Serious Cash – The Icing on the Cake!” which discussed using cashback sites to obtain an additional cash boost to your winnings from the bookies. In this follow-up article we are going to consider the way of guaranteeing that you make risk-free cash using Vegus168.Com free bet offers.
The typical deal is that you simply register with an online bookie and deposit some funds along with them. Following this you place a bet along with them (usually for odds over 2.), once this really is settled you claim your free bet.
Just after the above procedure would not guarantee you free cash. There exists another element that must definitely be included. This really is based on betting exchanges.
If you are new to betting exchanges these are a somewhat recent addition to online betting that have become quite popular. Briefly, this involves patching two bettors together who have an interest in betting on a single results of an occasion. A good example could be for one soccer team to overcome another.
If there was two bettors, Peter and Paul, who desired to place a bet over a certain soccer team A beating another soccer team B then your betting exchange could patch them together. If Peter wanted to bet on team A beating team B but Paul wished to bet against team A beating team B then whoever bet on the correct outcome would receive money from the other. Peter could be utilizing the traditional role in betting for team A to win, comparable to betting against the bookie. On the contrary Paul would be betting against team A winning, essentially using the bookie’s role.
Taking the position of betting against an event happening, such as team A winning in the previous example, is referred to as laying. This is what will allow us to guarantee that people win on each free bet we receive from an internet bookie – and there are lots of to take advantage of. For each event we would want to place two bets, a conventional bet with the bookie that is offering the free bet and a lay bet with a betting exchange. I will give you a good example to clarify this procedure.
Now, suppose that Paul has just found out about matched betting and wants to try it out. First he finds a bookie that is offering a free of charge bet. Then he reads the stipulations in the free bet offer (extremely important – always look at the T&Cs). He discovers that to have the free bet he must first place a bet along with his own money for £25 then he will receive a free of charge bet the exact same value when the qualifying bet has settled.
He finds, as an example, a football match in which the bookie offers odds of 3. for team A to win the match and the betting exchange offers 3.1 for team A not to win (i.e. for team A to lose or draw). Then he places £25 about this bet in the bookies and lays £24.59 on the betting exchange. This may seem like a strange figure to lay but if you work it out it can give precisely the same return on whatever outcome happens in the match. Which is a loss in £1.64 no matter what happens.
This sounds like a poor start. Paul has just lost money and i also said this is a guaranteed approach to win risk free!
BUT, now we have qualified for the free bet. So Paul’s next bet could have a significantly better outcome.
This time around he bets on player B to beat player A at chances of 5. on the bookie and manages to get the same odds using the betting exchange. He uses his free £25 bet to put the bet in the bookies. He then works out he needs to lay £20.20 in the betting exchange to ensure that regardless of what the result he will win exactly the same amount.
Now the match finishes and that he has won £19.19. Whenever we take away the £1.64 that Paul lost in qualifying for your free bet we have been left with a risk free profit of £17.55.
Paul was quite happy with the £17.55 he had just won – especially because he had already earned £10 before he even placed the bet!
He or she is a frequent cashback site user and knew that they offered free money for simply clicking on their links to many other sites. He made a quick search for bookies offering cashback at his usual cashback site. He clicked a hyperlink vxziqz for the bookie which had been supplying the Vegus168 Sure and earned himself an extra £10 for two minutes work.
So for placing two risk free bets Paul had was able to earn himself £27.55. A good thing is the fact no matter what the outcome he knew that he would be certain to win money. Paul felt which it was quite nice to win money this easily and repeated this method repeatedly.