With the world cup being just around the corner, online bookmakers are now beginning to gear up for this mammoth sporting event and the tell-tale signs of this are more evident than ever. As bookmakers vie for their share of the pie, more bookies than ever are offering world cup free bets and bonuses as incentives to attract new members. The great news for you is, using a well-known technique, aka ‘Matched Betting’ it’s now possible to convert any of these so called bookmakers free bet offers into hard earned cash.
This leads us onto the question, how exactly? Matched Betting is a perfectly legal technique of betting that relies on basic mathematics and the use of traditional online bookmakers and the more modern alternative, betting exchanges. Using a bookie in conjunction with an exchange it’s possible to cover all outcomes in a sporting event by placing a back and opposing lay bet and qualify for a bookmakers free bet offer with no risk involved. Those free bet offers obtained in step 1 can then be turned into guaranteed profit by placing a similar back / lay bet using a bookie / exchange on your follow up bet. It’s then simply a case of rinse and repeat, doing a series of bets for each bookie that offers a free bet until there are no more introductory free bets on offer. With total current free bet offers surpassing the £2000 mark and an easy 70 – 80% profit margin made on average from each free bet, overall profits of £1000+ are easily achievable when matched betting throughout the world cup sports.
To begin matched betting you will need to open an account with an online bookmaker who is offering a free bet, for example Bet £30 and get a £30 free bet, and deposit and place a qualifying bet that matches the free bet amount, in this case £30. To obtain your free bet with no risk involved you would then need to lay (bet against) the same outcome that you backed in the bookie using a betting exchange to cover all outcomes in the event that you bet on.
After you have your free bet you would need to place a similar bet, this time using the free bet as your stake money in the bookie instead of your own and your own cash to cover the lay bet in the exchange. Since half of the bet is no longer your own cash i.e. the free bet in the bookie, you will lock in a guaranteed profit from the free bet regardless of the final event outcome. There are now heaps of sites that specialize in matched betting and without going into the details of how each matched bet is calculated, you can find detailed tutorials and assistance on how to calculate matched bets online by simply doing a search for matched betting.