This will ensure that you don't throw away the free bet and actually turn it into a profit.
A nice part time income can be earned by using this system and its risk free.
Never will your own money be at risk of losing.
Use the bookies free bets to GUARANTEE a profit.
Using
a technique called matched betting,
it’s possible to convert any of these free bet offers into guaranteed profit
regardless of the event outcome......
QUESTION: What is matched betting?
Matched
betting is a method that gives anyone an opportunity to obtain and convert any
free bet offer into guaranteed profit with no risk involved. Matched betting has
two very simple steps.
1)
The
qualifying bet.
2)
The
follow up bet.
Step 1 – The Qualifying Bet
To
obtain the free bet without throwing away your money, you will need to Back a selection with the free bet bookmaker
and Lay (bet against) the same selection
with a betting exchange. Thus, making the bet risk free. You will receive your
free bet once the qualifying bet has been completed.
Step 2 – The Follow up Bet
In
step 2, the follow up bet is a repeat of step 1, but this time you use the free
bet as your stake to Back the
selection with the bookmaker and again Lay
(bet against) the same selection with a betting exchange to make the bet risk
free. Since you are using the free bet and not staking your own money at the
bookmaker, you have now accumulated some profit with no risk to your betting
bank.
Step 3 -- Withdraw your profit
Withdraw
your profit and/or your original stake and move onto the next free bet offer. There
are thousands of pounds worth of free
bets available and you can obtain on average, 65% of the free bet amount.
QUESTION:
What is a Betting Exchange?
To begin
matched betting you will need to open an account with a Betting Exchange. Open an account and on the
registration page select ‘YES’ when you come to the question: Do you have a Promotion or
"Refer and Earn" code? Enter the following code: HW3MWWHUF
Sign
up through this link, deposit £25 and receive a £25 free bet. An exchange is
like being the bookmaker rather than the punter, so unlike traditional
bookmakers an exchange
gives you the option to Lay as well as Back,
and this is crucial for the matched betting technique.
Unlike
betting with a bookmaker, punters are able to choose the price they want to bet
at and not the price they’re told they can have. Every bet placed on a betting
exchange, involves a backer and a layer. A backer
thinks a particular outcome will
happen, where as a layer thinks that
it won’t happen. The odds and
amounts that you see on each market are people asking for or offering bets,
these are called unmatched bets. When someone accepts one of these bets by
either backing or laying, the bet is on. This is called a matched bet. Betting exchanges charge a small commission but this
is included in the calculated profit.
QUESTION: What is Laying?
On
an exchange you can make money out of a selection losing, by laying a selection. Laying a bet
means you are betting on an event NOT to happen – a match NOT to end in a draw,
a horse NOT to come in first etc.
It
might sound complicated and new, but you’ve probably been doing it without
realising for years. Have you ever had a bet with a friend, it might have been
over a game of a pool, or a football match. Two opposing teams, two different
opinions. Your friend is backing his team – if his team win, he wins. If his
team lose, you win – you’ve effectively layed his bet by betting on something
not to happen.
So,
when you lay a bet you become the
bookmaker, the stake is the amount you stand to win and NOT the amount you
risk, you are now offering odds to a backer.
QUESTION: How do I choose my free bet?
You
will find thousands of pounds worth of free bets listed in the EXCLUSIVE FREE BETS section here on the blog. To begin with I
recommend that you start with the smaller free bet offers to build your matched
betting confidence. Skybet is ideal, they offer a £10 free bet with NO deposit needed.To maximise your
profit you should always deposit the recommended amounts.
Terms
and Conditions of the free bet offer are always important. You will need to understand
the following terms: 1) free bet stake returned (SR) and free bet stake not
returned (SNR). 2) What are the minimum odds that the first bet must be placed
at with the bookie to qualify for the free bet? For instance in Stan James you
can only gain the free bet if your first bet selection is placed at evens or
above. Generally the value of the FREE bet stake is NOT included in the return
of any winnings, this is referred to as a “Stake Not Returned (SNR)” free bet
(as opposed to a “Stake Returned (SR)” offer where the free bet stake is
included in any winnings)
I can offer free advice on the best bets to
wager.
Send me an email at: Freebetsfrombookies@hotmail.co.uk with ‘free bet advice’ as the subject title and I will ensure you are given the most up to date information for the appropriate free bet.
Send me an email at: Freebetsfrombookies@hotmail.co.uk with ‘free bet advice’ as the subject title and I will ensure you are given the most up to date information for the appropriate free bet.
QUESTION: What are decimal odds?
All
prices quoted on a Betting exchange are in 'Decimal' Odds. Decimal Odds are
slightly different from Fractional Odds which are generally quoted by UK bookmakers.
Decimal Odds include your stake as part of your total return. Therefore if you
place a bet of £20 at Decimal Odds of 5.0 and win, then your total return
(including stake) is £100. In a traditional bookmaker this would be quoted as 4/1,
total return to you would be winnings of
£80 plus your original stake of £20.
The qualifying bet
Back
to step 1 of the matched betting process, the first bet that you must place to
obtain your free bet. Normally a very small calculated loss is incurred with
the qualifying bet (around 2 - 5% of the free bet value), and you will be aware
of this before you place the bet. This loss is acceptable as it means you
guarantee your free bet and all losses which occur at this point are covered by
the profit made in step 2 - the follow up bet (average 65% of the free bet
value)
The follow up Bet
– Stake not returned (SNR) free bet
Generally
the value of the FREE bet stake is NOT included in the return of any winnings,
this is referred to as a “Stake Not Returned (SNR)” free bet. When cashing out
an SNR offer, it’s not recommended to place the free bet on an ‘odds on’
favourite if you will only make a return of just 50p. Instead we will look for
closely matching back and lay odds, at least 3/1 (4.0) or more, to maximise
your return from the free bet.
I
aim to make at least a 70% return of any SNR free bet offer. It is possible to
make higher returns, using higher more closely matched back and lay odds, but the
higher the lay odds, the higher the liability in Betfair. Just a reminder, your
money is never at risk, but its best to start with an amount you are
comfortable with. Roughly, with equal back and lay odds, the % return for an
SNR will be approximately 70% at odds of 3.7
You
will become familiar with the back and lay odds once you have made a few bets.
You can look at the various outlays / return and check out how much the free
bet will cost you. You will soon find a level that you are comfortable with in
terms of outlay and profit margin.
The follow up bet – Stake returned
(SR) free bet
If
the value of the free bet stake is returned along with your winnings, this is referred to
as a stake returned (SR) free bet. In this instance, the free bet can be placed
at any odds and it has little effect on the return, with (SR) offers this is
normally around 95% of the free bet value. The free bet is credited instantly upon placing your
first bet (step 1) and you can quickly move onto step 2.
Your Next Steps
There are plenty of free bets available that can be used
for matched betting, providing plenty of opportunities to grow your matched
betting bank and with no risk. I recommend starting slowly and gain a full
understanding of the back and lay bets, but please contact me with any questions you have. A full list of free bet offers can be emailed
to you with all the necessary terms and conditions if you wish at no cost to
you. I appreciate your interest in this information and I am willing to work
with you so you can gain maximum profit from free bets from bookies.
TAKE A LOOK AT THE EXCLUSIVE FREE BETS SECTION AND BANNERS AROUND THIS BLOG AND WIN SOME RISK FREE CASH.
AS A CERTAIN CREATURE SAYS ON TV 'SIMPLES'