The old proverb says that in every bet, there is a fool and a thief at the same time. However, perspectives differ greatly when it comes to discussing this proverb in relation to free sport bets. You can actually play the system successfully by first researching and using a decent free bet introductory offer. The money that you win here is absolutely risk-free, thanks to the fact that it’s a free offer.
That said, you might want to work at it by sitting in front of your PC for one hour or so doing some research and calculations. Here’s what the experts have figured out:
Find a decent matched betting website
Once you find a matched betting website, you should find out what offers to accept and reject. You should also work out your odds, the type of bets you want to place and how much to place. Know the exact profit that would come from every bet, plus whether or not they have a cashback policy. This gambling setup will eliminate the substantial risk of getting your figures wrong.
Time to conduct a Google search
You want to analyze as many matched betting sites as possible together with their free sport bets offers. You will be told how much to bet for and which bookmaker to place these bets with. Google is a useful resource if you want to find out where these matched betting sites are.
How it is done
You place a free bet on team A stating that it will win. Then you go to a betting exchange platform where you will state that the team will lose or draw. This practice is also known as lay betting. However, you must also realize that match betting is not entirely risk-free. Bookmakers have a way of tipping the scale to their favor, and thus you will always lose a small amount on every bet you place. They will generally take a commission of 5% on wins. But since you’re using the bookmaker’s own money to wager, you’re really not feeling the loss.
The realistic profit you should expect to realize from free sport bets
You should expect to convert at least 60% of the free bets into pure profits. Of course this happens after you settle all qualifying and follow up free betting offers.
Free bets will differ in the amount that bookies give as offers. You should generally avoid bookies that give huge amount of money to play with. These bookmakers often have some stringent conditions attached to their offers.
Also, make sure you have read their terms and conditions concerning withdrawal of profits. Most of them will restrict immediate withdrawal of money earned. You therefore have to be very much aware of their way of business operation. Finally, you need to stop betting once you finish your free sport bets. This is a short term profit strategy anyway.