Sub_Zero Posted January 15, 2013 Report Share Posted January 15, 2013 Requirements: You must be aged 18 or older and have a bank account. You can start with as little as £35, and it is possible to make upwards of £1500 with just a small bit of effort! How it works When you sign up to a bookmaker to earn a free bet, they usually require you to place a bet of your own first. What we do is turn this into a risk free bet, by laying the same bet off elsewhere. We use betting exchanges such as Betfair in order to ‘sell’ the bet on to a third party, ensuring that you will near enough break even no matter the outcome of the bet. After breaking even on this first bet, we then get given the free bet. We use the same technique in order to lock in a profit, and then move on to the next bookmaker! Example Ladbrokes offer a £50 Free bet when you sign up with the promotional code FB50. The offer states that if you place a bet of up to £50, they will match it with a free bet up to the same value! So if you place a £50 bet on sports, you will receive a £50 free bet to place too. What we do first, is look for a market where we can find similar odds on both Ladbrokes and Betfair. I looked at the following market: Looking at the odds, for an Olhanense win, the odds are much higher at betfair than at ladbrokes, so we disregard this outcome. For an Sporting Lisbon win, the odds are quite close. Close enough to use. What we do is place a bet of £50 on Sporting Lisbon to win at Ladbrokes at odds of 2.10. We then lay a bet of £52.24 at befair at odds of 2.06 for Sporting Lisbon to win. If Sporting Lisbon win, We make £55 profit at Ladbrokes, but have to give up £55.37 at Betfair. If Sporting Lisbon lose or draw, We lose our £50 at Ladbrokes and gain £52.24 at Betfair. Betfair will take 5% commision which works out at £2.61, so we will receive £49.63 from Betfair. As you can see whatever the outcome, we end up with a 37p loss. This is where the free bet comes in. Within 24 hours our Ladbrokes account will be credited with a £50 free bet, which we can use to guarantee a profit upwards of £40. 1 Quote Link to comment Share on other sites More sharing options...
8BALL Posted January 15, 2013 Report Share Posted January 15, 2013 http://learning.betfair.com/en/videos/free-bet-technique.html Nothing new 2 1 Quote Link to comment Share on other sites More sharing options...
Sub_Zero Posted January 16, 2013 Author Report Share Posted January 16, 2013 Who cares if it's new? I'm not talking about some kind of fashion statement. It's just an easy way for people to make £1000 with little effort. http://www.guardian.co.uk/money/2010/jul/24/free-bets-bookies 2 Quote Link to comment Share on other sites More sharing options...
Woodpecker Posted January 16, 2013 Report Share Posted January 16, 2013 I still don't understand because the free bets have to be wagerded to 400% to get a withdrawal, so if sporting lisbon lose you just 100 quid, then the next bet you bet on if you lose again you lost the free money too Quote Link to comment Share on other sites More sharing options...
Sub_Zero Posted January 16, 2013 Author Report Share Posted January 16, 2013 There's different kind of free bets but the way I've been doing it is laying every bet off on Betfair. I'm not articulate enough to explain it in enough detail but this website should help: http://www.freebets4all.com/ That website does it all for you. Quote Link to comment Share on other sites More sharing options...
Woodpecker Posted January 16, 2013 Report Share Posted January 16, 2013 Have you tried this yourself? They are partners with some of the bookmakers, why :S I understand now how it works you either win or make a smaller loss. Quote Link to comment Share on other sites More sharing options...
Beavis Posted January 16, 2013 Report Share Posted January 16, 2013 Thanks, going to give this a try. Not risking any of my own money tho just the free shit. Quote Link to comment Share on other sites More sharing options...
Kurtis Posted January 16, 2013 Report Share Posted January 16, 2013 if i knew a single thing about sport id prob jump on this Quote Link to comment Share on other sites More sharing options...
Greens Posted January 16, 2013 Report Share Posted January 16, 2013 its not about sport though, just maths Quote Link to comment Share on other sites More sharing options...
Sub_Zero Posted January 16, 2013 Author Report Share Posted January 16, 2013 Have you tried this yourself? They are partners with some of the bookmakers, why :S I understand now how it works you either win or make a smaller loss. I found out about it yesterday and I'm in the process of doing it now. Signed up to to Betfair, William Hill and Skybet and put two bets on which are guaranteed to make me £70. It took me about an hour. I've decided I can't be arsed driving to the gym every day (and listening to sh*t music) so with the money I earn I'm going to create a gym in my garage. Quote Link to comment Share on other sites More sharing options...
Kuffir Posted January 16, 2013 Report Share Posted January 16, 2013 is this certy Quote Link to comment Share on other sites More sharing options...
Kurtis Posted January 16, 2013 Report Share Posted January 16, 2013 its not about sport though, just maths if theres 1 thing i know less than sports...... 3 Quote Link to comment Share on other sites More sharing options...
Sole Posted January 16, 2013 Report Share Posted January 16, 2013 Smh maths is vital in life. Quote Link to comment Share on other sites More sharing options...
Kurtis Posted January 16, 2013 Report Share Posted January 16, 2013 dont get it twisted i got a c in gcse and was also put in to do statistics which i also got a c (didnt revise and turned up to the exam with nothing after sleeping for 3 hours) but since then it just depreciated Quote Link to comment Share on other sites More sharing options...
Sole Posted January 16, 2013 Report Share Posted January 16, 2013 If that's true then I don't see y u would t be able to get ur head around this tbh Quote Link to comment Share on other sites More sharing options...
Woodpecker Posted January 16, 2013 Report Share Posted January 16, 2013 lol the subzero explenation is boog but the link is aite basically; Coral Betting Horse 1 - Bet to win 1.65 10quid -------winnings if win - 16.50 ----- So really a loss of 3.50horse 2 horse 3 horse 4 Bet ExchangeHorse 1 - Bet to Lose 2.85 10 quid -----if horse doesnt come first winnings are 28.50 --------profit of 8.50 Horse 2 Horse 3 Horse 4 Yes it will work, still requires luck but makes your bet much safer 1 Quote Link to comment Share on other sites More sharing options...
Kuffir Posted January 16, 2013 Report Share Posted January 16, 2013 thats not certy will test neway Quote Link to comment Share on other sites More sharing options...
Woodpecker Posted January 16, 2013 Report Share Posted January 16, 2013 nar its not certy cos if the bets keep going against you then your bankroll will eventually run out. It just leverages the odds so they are more on your side Quote Link to comment Share on other sites More sharing options...
Woodpecker Posted January 16, 2013 Report Share Posted January 16, 2013 I also now clocked how to make it certy Coral Betting Horse 1 - Bet to win 1.65 10quid -------winnings if win - 16.50 ----- So really a loss of 3.50 Bet 15 quid on this side and you make 26.40 thats a profit of 1.40horse 2 horse 3 horse 4 Bet ExchangeHorse 1 - Bet to Lose 2.85 10 quid -----if horse doesnt come first winnings are 28.50 --------profit of 8.50 still bet 10 here but if you win here then you only make 2.50 Horse 2 Horse 3 Horse 4 certy Quote Link to comment Share on other sites More sharing options...
Sub_Zero Posted January 16, 2013 Author Report Share Posted January 16, 2013 Real life example here which is 100% guaranteed to make me money. Woodpecker you're close to what I'm talking about but you haven't got the 'certy' method. Crystal Palace v Bolton 19/01/13 15:00Ladbrokes. Place £50 on Under 2.5 Goals at odds of 2.2Betfair. Place £60.53 on Over 2.5 Goals at odds of 1.86You will lose 54p. You will gain a £50 free bet at Ladbrokes, and a £25 free bet at betfair if you signed up through the site in OP and haven't already had your free bet. So you're £75 up in free bets which you can use the same method for again but with another game. Rinse, repeat and profit. Quote Link to comment Share on other sites More sharing options...
Woodpecker Posted January 16, 2013 Report Share Posted January 16, 2013 how you mean fam, my ones were real examples gg, in my one you dont even make a loss 1 Quote Link to comment Share on other sites More sharing options...
Sub_Zero Posted January 16, 2013 Author Report Share Posted January 16, 2013 how you mean fam, my ones were real examples gg, in my one you dont even make a loss I just read horses and didn't read anymore into it tbh. Looking at it, it's good to go. Welcome to the free money club. Quote Link to comment Share on other sites More sharing options...
Woodpecker Posted January 16, 2013 Report Share Posted January 16, 2013 but im guessing it only works for like 500 to a bag with the free cash, fast free money, then you gotta use a huge bankroll to keep it coming big and fast. Will sell the idea to people for 2 bills #JewishStyle Quote Link to comment Share on other sites More sharing options...
dom dom bullets Posted January 16, 2013 Report Share Posted January 16, 2013 Haven't bothered to look at it, but like Woodpecker said.. don't you have to to make bets of a certain percentage of the the free bets worth, eg 400% before you can collect any winnings? (It usually works this way) Quote Link to comment Share on other sites More sharing options...
Woodpecker Posted January 16, 2013 Report Share Posted January 16, 2013 yer it works to get the free cash, basically, but you cant continually do this got gassed for a hot sec when you do a lay bet, or the opposite bet to lose. thats why you get banging odds, cos you become the house. if you lose you lose the same as if you would have won ie: this is actually a life changing money idea if you have a bank roll of around 25 k to play with Quote Link to comment Share on other sites More sharing options...
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