This is the partner article to “Earn Cashback on a Bet That is Already Guaranteed to Win You Money – The Icing on the Cake!” which discussed using cashback sites to get an extra cash boost to your winnings from the bookies. In this follow up article we are going to look at the technique for guaranteeing that you make risk free cash using Vegus168 Sure free bet offers.
The conventional deal is that you simply register for an online bookie and deposit some cash along with them. After that you set a bet together (usually for odds over 2.), once this can be settled you claim your free bet.
Just pursuing the above procedure would not guarantee you free cash. There is certainly another element that must be included. This is based upon betting exchanges.
If you are new to betting exchanges these are a relatively recent addition to online betting that are presently extremely popular. Briefly, this involves patching two bettors together who have a desire for betting on a single outcome of an event. An illustration might be for one soccer team to overcome another.
If there was two bettors, Peter and Paul, who wished to place a bet on the certain soccer team A beating another soccer team B then the 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 would be taking the traditional role in betting for team A to win, comparable to betting from the bookie. On the other hand Paul could be betting against team A winning, ultimately using the bookie’s role.
Utilizing the position of betting against an occasion happening, including team A winning in the previous example, is called laying. This is what will permit us to guarantee that people win on each free bet that people receive from an internet bookie – and there are numerous to benefit from. For each and every event we would want to place two bets, a traditional bet with all the bookie who is providing the free bet and a lay bet having a betting exchange. I provides you with a good example to explain this procedure.
Now, believe that Paul recently learned about matched betting and wants to try it out. First he finds a bookie that is offering a totally free bet. Then he reads the conditions and terms of the free bet offer (very important – always read the T&Cs). He discovers that to obtain the free bet he must first place a bet together with his own money for £25 he then will receive a totally free bet the exact same value when the qualifying bet has settled.
He finds, for example, a football match where the bookie is providing likelihood of 3. for team A to win the match and the betting exchange is offering 3.1 for team A not to win (i.e. for team A to shed or draw). Then he places £25 with this bet in the bookies and lays £24.59 on the betting exchange. This might seem to be a strange figure to lay however, if you work it out it can give exactly the same return on whatever outcome happens in the match. Which is a loss in £1.64 regardless of what happens.
This looks like a bad start. Paul has just lost money and that i said it was a guaranteed method to win risk-free!
BUT, now we have now qualified for your free bet. So Paul’s next bet may have a much better outcome.
Now he bets on player B to overcome player A at chances of 5. on the bookie and manages to have the same odds using the betting exchange. He uses his free £25 bet to set the bet in the bookies. He then works out that he must lay £20.20 at the betting exchange in order that regardless of what the end result he will win the same amount.
This time the match finishes and that he has won £19.19. Whenever we get rid of the £1.64 that Paul lost in qualifying for your free bet our company is left using a risk free profit of £17.55.
Paul was quite happy with the £17.55 he had just won – especially while 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 clicking on their links with other sites. He produced a quick search for bookies offering cashback at his usual cashback site. He clicked a web link vxziqz to the bookie that was providing the Vegus168 and earned himself an additional £10 for just two minutes work.
So for placing two risk-free bets Paul had was able to earn himself £27.55. The best thing is that no matter what the outcome he knew which he could be guaranteed to win money. Paul felt that it was quite nice to win money this easily and repeated this technique again and again.