I’ll point out a method I have been using which has provided me with a nice flow of free and easy money over the past couple of weeks.
I’ve read and known about this method and the basics today for some years now, but for reasons uknown or madhur satta another I just now never got around to implementing this knowledge and cashing in on it until recently.
The strategy I’m on about is cashing in bookmakers free proposition wagers, it is also known as Matched Gambling on. 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 is open new bookmakers accounts, place the free proposition wagers I get for opening the accounts and then lay the same proposition wagers on a gambling on exchange for a proportion of the free bet amount in order to guarantee myself a cash return no matter what the of the event is.
It is not gaming and it is almost special. Most people would say it is special, the only reason why I don’t is really because if you do it wrong you could lose money.
To clarify that, what I am saying is that if you place your proposition wagers in an incorrect fashion you could lose money. You must make sure that you understand what one does, you need to investigate terms and conditions to make sure you know the utmost bet amounts, and you must make sure that you understand the principle of laying a team (this is the opposite to gambling on on a team to win, it is effectively still a bet, but a bet on the team NOT winning) on a gambling on exchange.
For example, what you do is open a bookmakers account offering a free bet, in the interests of this example let’s say the free bet is for £50. 00 (not an uncommon amount).
I’ll use simple maths for this example. To get the £50. 00 free bet, you will probably need to place a £50. 00 passing bet. To ensure this doesn’t lose you some cash, you lay the same bet on a gambling on exchange.
So what I would do first is place my passing bet. For this I’ll back The united kingdomt to beat Australia at cricket at probability of 2. 00 (Even money), so i place £50. 00 on The united kingdomt at 2. 00 (Even money) with the bookmaker to win another £50. 00.
Then i lay The united kingdomt on the gambling on exchange for £50. 00 at Even money (or as close to Even money as i can get), this way I won’t lose my passing bet of £50. 00.
I will probably have to lay The united kingdomt at a little bit over 2. 00 (Even money) as it is rare for the two prices to be exactly the same. It will not be too much though, it could be about 2. 04 or 2. 06, which might mean I would get slightly less than my £50. 00 back.
Basically I will bypass £48. 00 to £49. 00 back on my passing bet, meaning it has lost me something between £1. 00 to £2. 00. But I’m not too annoyed about that as i will make it back and more using my free bet.
Then i wait for the next cricket match to start and this time I exploit my £50. 00 free bet to again back The united kingdomt at 2. 00 (Even money) to win £50. 00 again.
But this time when i lay The united kingdomt on the gambling on 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 kingdomt win I win £50. 00 back from my free bet and I lose £25. 00 on the gambling on exchange, that’s £25. 00 profit.
If The united kingdomt 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 £25. 00 back from the gambling on exchange because I played a lay bet on The united kingdomt 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 gambling on some might say) works. It is a lot easier to work through the amounts of money needed on both sides of the equation with the probabilities I used in my example. I can assure you that it gets far more awkward to work through the equations involved when you are dealing with a different variety of probabilities.
Personally I work them out myself, but I am confident in what I’m doing from spending years gambling on. For anyone else looking to utilize this method who is unsure of what cost you use, ‘Matched Gambling on Calculators’ can be found on the internet. These methods can be used for Football Gambling on and for gambling on 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, Cousin, Wife or Girlfriend, etc can do this as well after you have mastered how to do it and worked your way through all the available free proposition wagers.