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 couple weeks.
I’ve read and known about this method as well as 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 are generating money totally from using techniques for a quarter or so now and regularly write about generate an income do, on my website.
So far 12 months I have designed a few hundred pounds, it really is a goldmine and I’ve no where near finished yet.
Basically all I is open new bookmakers accounts, position the free bets I have for opening the accounts and then lay the same bets on a betting exchange for just a proportion of vehicles 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 is certainly almost risk free. Most people would say it is risk free, the only reason why Do not is because should you do it wrong others lose money.
To clarify that, what I am saying is if you place your bets in an inaccurate fashion you could lose money. You have to make sure which fully understand what you are doing, you have to read the fine print to make sure you know the bet amounts, a person need to do remember to understand the principle of laying a team (this could be the opposite to betting on a team to win, it is 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 the free bet is for 50.00 (not an exceptional amount).
I’m going to be able to simple maths let’s imagine. To get the 50.00 free bet, you most likely be 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 would personally 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 25.00 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 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 its rare for 2 prices to be exactly the the precise same. It won’t be too much though, it could be about 2.04 or 2.06, spielothekstrategie.org which would mean I would get slightly less than my 50.00 raise.
Basically I can be around 48.00 to 49.00 back in this little qualifying bet, meaning it has lost me something between 1.00 to b.00. But I’m not too bothered about that as I make it back etc . using my free bet.
I then wait for a 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 40.00 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 twenty five.00 no matter what happens.
This is guaranteed generate revenue. If England win I win 10.00 back from my free bet i lose 31.00 on the betting exchange, that’s 25.00 profit.
If England lose I will get nothing back from my free bet (remember, I don’t lose anything as it’s a free bet). But I get twenty five.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 often a bet on a team NOT winning). If you would like you can see, won by you no challenege show up happens.
This is merely a rough guide as to how this process of trading (or betting some might say) helps. It is a lot easier to run the amounts of money needed on both sides of the equation using the odds I often tried in my example. I can assure you that it gets far more awkward to run the equations involved if you end up dealing using a differing associated with odds.