People are always looking for a way to make easy money. How do you find a way of making guaranteed money? How do you find a method that pays enough to justify the amount of time you spend doing it? An easy way to make hundreds/thousands of dollars quickly is matched betting. I myself have used matched betting to make easy money – thousands of dollars. Here I will take you through the steps required to take advantage of the bonus promotions offered by sports betting companies and turn this into cash you can withdraw straight into your bank account.
Sports betting companies make A LOT of money. They prey on those among us prone to gambling and offer odds that weigh in their favour. Although these odds are only very slightly in the favour of the bookies, when you consider the number of people betting on each contest this amounts to a huge profit for these companies. A technique bookies use to attempt to lure in new customers is to offer a welcome bonus. This bonus is usually in the form of a bonus bet and quite often will be over $100. I will give you a quick example (not a real offer in this case). Say you have just signed up to Ladbrokes and they are offering you a 200% first deposit bonus up to $150. This means that if you deposit $150 into your Ladbrokes account, they will give you a $300 bonus bet. Now once you make this $150 deposit this money must be turned over (or bet) at least once before you can withdraw it back into your bank account. Also, not only is the $300 bonus unable to be withdrawn (it is not cash on the betting platform) but the only money you earn from this is the profit you make on the bet, not the stake. I will explain this shortly.
Say you have decided to sign up and take this offer. The first step is to turn over the original deposit and regain as much of your money as possible. To do this you need to open an account with another bookie. What we want to do in this case is to back one team on one site and the opposing team on the other site. And we want to pick a match with identical odds if possible, for convenience sake. In this example we will place bets on the Washington Wizards and Sacramento Kings NBA Basketball game. Washington are paying 1.82 and Sacramento are paying 1.98 (the odds will differ slightly on different sites). Note that we are not betting on a game where a draw is a viable option as this will complicate matters. Let’s place your original $150 as a head to head bet on the Washington Wizards. This will give you a return of 1.82 x $150 = $273. What we want to do is lay this bet on another betting companies’ site. We can bet slightly less than $150 on the Sacramento Kings as they are paying slightly higher. Let’s put $140 on the Kings for a return of 1.98 x 140 = $277.20. Now we have placed a total of $290 on the result of this game. The return will either be $273 or $277.20 meaning that we lose $17 as a worst case scenario. That’s a pretty good outcome for a qualifying bet.
The next step is to turn your bonus into cash which is the main reason we are here – free money. This is done in roughly the same way – backing opposing teams on different sites. Because we only get the profits we make on the bonus bet and not the original stake we want to pick a match that has specific odds. Through trial and error I have found that the highest profits can be made by picking a match where one team pays between $3 and $5 and the other team between $1 and $2. For this example we will also use another NBA match, the Brooklyn Nets ($3.14) and Philadelphia 76ers ($1.33). We want to place our Ladbrokes bonus bet on the team that is the outsider, in this case the Nets. A $300 bonus bet will net us 300 x 3.14 = $942. Not counting the original 300 this will amount to profits of $642. To figure out how much of your money to place as a lay bet on the 76ers we divide the winnings from the other bet (642) by the odds on the 76ers (1.33). This gives you 642/1.33 = $482.71. Therefore you are betting a total of $482.71 of your own money for a guaranteed return of $642. This results in a profit of $159.29. Remember that we need to subtract the loss we made while turning over our original deposit (worst case $17). All up, these bets will give you a return of $142.29. Not bad for less than an hours work!
This article covers an example of a bonus bet offered by only one sports betting company. Once you sign up to as many bookies as possible and take advantage of their welcome offers a lot of money is on the table. We are turning the tables on the bookies with this method and taking advantage of their methods of roping people in to online gambling.
Of course in order to successfully get big returns from matched betting you need a solid amount of money in your savings. In this case we needed to turn over approximately $770 of our own money. With matched betting making money is guaranteed! So you can think of it like an investment. This technique is a proven quick way to make hundreds to thousands of dollars, allowing us to take advantage of the corporation-driven society in which we live and take money back from these rich businesses. I am a huge advocate for making easy money like this (especially from these companies which make far more than they need!) on the journey to achieving financial freedom and escaping the grind of full time work.
Crypto4TheMasses 