matched betting uncovered
Matched betting techniques using free online bets and bonuses is a fantastic way to bank build and notch up some risk free money. Implementing a matched betting technique correctly will see you accumulate a decent amount of profit around £1000..
To apply such a strategy you need to open a ‘betting exchange account’ such as betfair and also a ‘bookmaker account’ that is offering a ‘free bet’ promotion. For a list of free bets take a look at free bets uk
The technique used in matched betting is implemented by placing bets at any bookmaker offering a free bet and then laying it off at a betting exchange, when using this method all your doing is hedging your bets in such a way that eliminates risk allowing you to have a risk free bet. The value in this betting method exists because of the ‘free bets’ entity. If online bookmakers were to stop offering them tomorrow this type of risk free bet would become obsolete.
In order to implement matched betting properly you need to place two rounds of bets, the first round consists of a placing a qualifying bet and the second round involves using the free bet stake, which is where you make the money For a free guide on matched betting take a look at onthesmartmoney.com
matched betting tips
When matched betting the idea is to maximize profits the higher the free bet stakes the better your overall return will be. A £50 free bet is much better value than a £10 one for example. From personal experience I have found the best time to take advantage of high value bets are when special events are taking place. A prime example is the famous ‘Cheltenham horse racing festival’ in March. For some reason at this time of the year bookmakers love to give big free bets away that you normally cannot get at other times of the year. An example this year (2009) is ‘ladbokes’ they were offering a free £200 bet throughout the festival. To qualify all you to do was open an account place a bet and you would receive a freebie bet to the same value. This type of great offer never seem to materialize at others times of the year. So take advantage when they come along.
