Betting on sports online by itself is very dangerous. You’ll probably lose in long term as 98% of punters do! To avoid losing and to cut off your loses and only profit from online betting you can use system called Matched Betting. When using Matched Betting you don’t really care which team will win you’ll get money any way.
If you are already betting online you’ll probably noticed that many online bookies gives you sing-up promotions. When you put first bet bookie gives you bonus money to bet with. For example, when you register with a bookmaker you get 50 pounds in free bets after your 50 pound bet settled. But to get that bonus out to your wallet you need to fulfill bonus conditions which are often very hard. For example you need to rollover your money many times on high odds to be able to withdraw bonus and most likely you’ll lose your bonus.
To safely extract bonus you need to use betting exchanges. Betting exchanges allows you to LAY bets where simple online bookies gives you possibility to only back certain event to happen. Lay bet is opposite to Back bet that means that you’ll win money when any other match outcome happens. For example, you LAY team A to win a match. You’ll get money when team A loses and team B wins or it’s draw.
To extract bonus you need to put BACK bet in a bookie and LAY the same event in betting exchange. At the end you end up losing nothing. Basically you have two outcomes:
- You end up losing all money and bonus in a bookie and winning the same amount of money and plus bonus money in betting exchange.
- You have safely completed bonus conditions in a bookie and now you can withdraw bonus money.
Now your bank is by 50 pounds larger you safely extracted bonus money. Repeat the process with other bookmakers.
You can apply this method to many online bookmakers who offer bonuses and free bets. At the end you’ll get pretty impressive sum. Check out Free Bets List to learn more about free bets and bonus offers from bookmakers.
At first it may seem difficult but once you get it, it’s actually very easy way to get money. And it’s almost risk free!
To learn more and get useful tips and advice about matched betting read Matched Betting Guide. RTP Live