How to make Money From Free Table bets Using Matched Betting
I will point out a method I have been using madhur day which has provided me with a nice flow of free and easy money over the past so often.
I’ve read and known about this method and the basics of computer for some years now, but i really enjoy seeing or another I recently never got around to implementing this knowledge and cashing in on it until recently.
The technique I’m on about is cashing in bookmakers free table bets, it is also known as Matched Bets. I have been generating money for free from using these methods for a few months now and regularly write about how i do, on my website.
So far this year I have made a few hundred pounds, it really is a little goldmine and I’ve no where near finished yet.
Basically all I really do is open new bookmakers accounts, place the free table bets I get for opening the accounts and then lay the same table bets on a bets exchange for a proportion of the free bet amount in order to guarantee myself a cash return no matter what the result of the event is.
It is not playing and it is almost without risk. Most people would say it is without risk, the only reason why I don’t happens because if you do it wrong you could lose cash.
To clarify that, what I am saying is that if you place your table bets in an incorrect fashion you could lose cash. You have to be sure that you know what what you are doing, you need to see the terms and conditions to make sure you know the most bet amounts, and you have to be sure that you understand the principle of laying a team (this is the opposite to bets on a team to win, it is effectively still a bet, but a bet on the team NOT winning) on a bets exchange.
For example, what you do is open a bookmakers account offering a free bet, for the health of this example let’s say the free bet is for £50. 00 (not an uncommon amount).
I will use simple maths for this example. To get the £50. 00 free bet, you will probably need to place a £50. 00 getting qualification bet. To ensure this doesn’t lose you hardly any money, you lay the same bet on a bets exchange.
So what I would do first is place my getting qualification bet. For this I will back The united kingdom to beat Australia at cricket at likelihood of 2. 00 (Even money), so i place £50. 00 on The united kingdom at 2. 00 (Even money) with the bookmaker to win another £50. 00.
When i lay The united kingdom on the bets exchange for £50. 00 at Even money (or as close to Even money as i can get), this way I won’t lose my getting qualification bet of £50. 00.
I will probably have to lay The united kingdom at a little bit over 2. 00 (Even money) as it is rare for the two prices to be exactly the same. You won’t be too much though, it could be about 2. 2008 or 2. 06, which will mean I would get slightly less than my £50. 00 back.
Basically I will circumvent £48. 00 to £49. 00 back on my getting qualification bet, meaning it has lost me something between £1. 00 to £2. 00. But I’m not too frustrated about that as i will make it back and more using my free bet.
When i wait for the next cricket match to start and this time I take advantage of my £50. 00 free bet to again back The united kingdom at 2. 00 (Even money) to win £50. 00 again.
But this time when i lay The united kingdom on the bets exchange, I only lay them for £25. 00 — half the free bet amount. This way I get £25. 00 no matter what happens.
This is guaranteed profit. If The united kingdom win I win £50. 00 back from my free bet and I lose £25. 00 on the bets exchange, that’s £25. 00 profit.
If The united kingdom lose I will get nothing back from my free bet (remember, I don’t lose anything as it’s a free bet). But I really do get £25. 00 back from the bets exchange because I played a lay bet on The united kingdom for £25. 00 (remember from earlier, when i wrote a lay is a bet on a team NOT winning). So as you can see, you win no matter what happens.
This is just a rough guide as to how this method of trading (or bets some might say) works. It is a lot easier to sort out the amounts of money needed on both sides of the picture with the chances I used in my example. I can assure you that it gets far more awkward to sort out the equations involved when you are dealing with a vary type of variety of chances.
Personally I work them out myself, but I am confident in what I’m doing from spending years bets. For anyone else looking to make use of this method who is unsure of what total use, ‘Matched Bets Calculators’ can be found on the internet. These methods can be used for Football Bets and for bets on most sports in general.
There are hundreds — maybe even thousands — of pounds worth of free bet offers like this example just waiting to be exposed. I have made around £700 this year and I still have a lot to use.
Another little tip is that your Mum, Dad, Sibling, Wife or Girlfriend, etc can do this as well after you have trained how to do it and worked your way through all the available free table bets.