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How To Make Money From Free Bets
In this guide I will show you:
1. how to get your free bets without having to risk your money on qualifying bets
2. how to use these free bets to guarantee a good return.
This guide will assume that you already have at least one betting account open.
Step 1 - Getting The Free Bets
This step is very simple. To get your free bets you will normally have to stake a certain amount of money. We will work on the premise that you will get rewarded with a free £25 bet for staking £25 on a single event.
First find an event with only 2 outcomes; I like to use baseball for my bets.
Simply stake £25 on the favorite for the game to qualify for your free bet. Then stake the relevant amount with your current bookmaker, for the opponent to win, to cover the £25.
Example:
LA Dodgers to win at 1.68 with the bookmaker offering the free bet.
Franciscoisco Giants to win at 2.4 with your current bookmaker.
Bet £25 on LA
Bet 25/1.4 = £17.86 on SF
Possible outcomes:
LA win:
profit from LA bet = 25 * 0.68 = £17
loss from SF bet = £17.86
total loss to get free bet = £0.86
SF win:
profit from SF bet = 17.86 * 1.4 = £25
loss ...
... from La bet = £25
total loss to get free bet = £0.00
Betting the £25 on the favorite allows you to bet the least amount in total to receive your free bet.
To read Step 2 of this guide please visit us at http://betting-guides.blogspot.com
About the Author
Steve Waller has wide and varied experience with gambling and shares his views on his own blog at http://betting-guides.blogspot.com
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