£25 FREE BET FOR EURO 2012

GET A £25 FREE BET !!!!!!!!

Take advantage of a free bet from BETFAIR and you can lay or back your tips. If you aren't familiar with the art of BETTING at an EXCHANGE then take a look at this tutorial to see how you are missing out.

QUESTION: What is a Betting Exchange?

To begin matched betting you will need to open an account with a Betting Exchange. At Betfair click JOIN NOW and open an account. 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.

If you decide to sign up at BETFAIR, please remember to use the code: HW3MWWHUF 

and of course if you need help I am here or at Twitter.com/@FBookies 

Make EURO 2012 a tournament to remember.