How To Make Money From Free Bets

In this guide I will show you:

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 article please visit http://betting-guides.blogspot.com

Steve Waller has a wide and varied experience with gambling and shares all of his experiences at his blog at http://betting-guides.blogspot.com