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Matched betting - Free money!
marketisone
Posts: 6 Forumite
I'm not sure if everyone has heard of this method to make money online, but basicly you take the free bet gambling website gives you and turn it into real money!
It works by firstly creating an account on either Betfair or Betdaq. On these 2 websites you can 'lay' a bet which basicly means you act as the bookmaker and someone bets against you.
You then need to find a website that offers a good free bet and create an account with this website. Once created, find a good horse race or football match to bet on (read terms and conditions of the promotion offer as there may be a minimum odds bet). This is where it gets quite complicated.
You now need to place a bet on a horse, any horse will do, using your free bet; and on the Betfair or Betdaq (depending which one you use, both are good), you need to 'lay' the same horse. So whether the horse loses or wins, you will near enough break even (lose about 50p-£1), however you then recieve a free bet, so if you repeat the process, you will then break even again, but this time the free bet will turn into real money, so if you place a £ 25 free bet, you will be roughly £24 in proffit from this method.
This is a good way to make money and i have used near enough every website with both of my debit cards, before using this method make sure you fully understand it and use the website linked at the bottom to calculate how much to bet. Hope this is useful and helps
.
thepoorhouse.org.uk/matched_betting_calculator
or just google matched betting calculator and choose your own!
It works by firstly creating an account on either Betfair or Betdaq. On these 2 websites you can 'lay' a bet which basicly means you act as the bookmaker and someone bets against you.
You then need to find a website that offers a good free bet and create an account with this website. Once created, find a good horse race or football match to bet on (read terms and conditions of the promotion offer as there may be a minimum odds bet). This is where it gets quite complicated.
You now need to place a bet on a horse, any horse will do, using your free bet; and on the Betfair or Betdaq (depending which one you use, both are good), you need to 'lay' the same horse. So whether the horse loses or wins, you will near enough break even (lose about 50p-£1), however you then recieve a free bet, so if you repeat the process, you will then break even again, but this time the free bet will turn into real money, so if you place a £ 25 free bet, you will be roughly £24 in proffit from this method.
This is a good way to make money and i have used near enough every website with both of my debit cards, before using this method make sure you fully understand it and use the website linked at the bottom to calculate how much to bet. Hope this is useful and helps
.thepoorhouse.org.uk/matched_betting_calculator
or just google matched betting calculator and choose your own!
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Comments
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wow this sounds really good i am so suprised no-one has heard of it ... i wonder what the 3 posts in the stickies at the top of the gambling board thread are about oh yes thats it matched betting
Slimming world start 28/01/2012 starting weight 21st 2.5lb current weight 17st 9-total loss 3st 7.5lb
Slimmer of the month February , March ,April
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There are 1004 pages with more than 19,000 posts on this subject on MSE!Who having known the diamond will concern himself with glass?
Rudyard Kipling0 -
Sorry new to the site, how do i delete the post?0
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