Today, nearly all larger bookmakers are offering new customers bonuses and opportunities to make a free bet. You will simply be required to sign up with a bookie and make a deposit then place your first bet.
Afterwards, the bookmaker will credit your account with your free money. This opportunity can actually be very profitable; however, you need to make sure that you are able to use these bonuses without taking a risk of losing money. The best way to make sure of this would be through matched betting.
Bookmakers will usually not give you free bets before placing a bet with them. Most of the time, the amount of the free bet which will be given to you will be equal to the initial bet you will be making, though there is a maximum. This, however, does not necessarily mean that you will have to risk losing money as you place your first bet since matched betting allows you to cancel out the bet in a betting exchange.
For instance, let us say that you place a bet on FC Barcelona to win a football game. Let us say that you placed a bet for FC Barcelona to win so you would win if they win and lose if the team loses. However, if you go to a betting exchange and then place a lay bet on FC Barcelona, then the lay bet would win if the team loses and lose if the team wins. Through assuming that the odds at the bookie and the betting exchanges are similar, then the two bets in effect would just be nullifying each other.
Although you might be wondering how you can actually win anything by doing this, you will actually be able to qualify to receive the free bet without having to risk your own money. As a matter of fact, you basically be earning free money through a free bet.
However, bookies will not usually allow you to withdraw the money that you would be winning in the free bet right away. Instead, you would need to use it to place another bet. When you place another bet with the free money, you will just have to hope that you will be winning. Since the money is free anyway, you will not be losing anything if the bet loses; but, if you do get lucky, then you could win a lot without having to use your own money.
There is still a better alternative for this, though. You can actually do matched betting again and then place your bets with both the bookmaker and the betting exchange, turning a free bet into a guaranteed profit, regardless of the team or horse that wins. This will definitely be the more profitable way to use your bonuses and will make your winnings a lot more predictable and consistent.
After you have done this with a bookie, you can move on to another bookie There are hundreds of good free bet offers that are available over the internet today, so you can easily try them out one by one, allowing you to take advantage of the profit potential of matched betting.
About the author of this article:
Vickram Chandrer is a world cup betting writer specialising in making a free bet. You can make a free bet at VictorChandler.com
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