Risk free betting utilises freebets and are a great way to bank build and notch up some risk free money. Implementing a matched betting technique correctly can accumulate a decent size profit a figure of over £1000 is achievable using this method.
To apply such a strategy you need to open a ‘betting exchange account’ such as betfair and also a ‘bookmaker account’ that is offering a ‘free bet’ promotion. For a list of free bets take a look at free bets online
The technique used in matched betting is implemented by placing bets at any bookmaker offering a free bet and then laying it off at a betting exchange, when using this method all your doing is hedging your bets in such a way that eliminates risk allowing you to have a risk free bet. The value in this betting method exists because of the ‘free bets’ entity. If online bookmakers were to stop offering them tomorrow this type of risk free bet would become obsolete.
In order to implement matched betting properly you need to place two rounds of bets, the first round consists of a placing a qualifying bet and the second round involves using the free bet stake, which is where you make the money For a free guide on matched betting strategy take a look at onthesmartmoney.com
matched betting tips
When using a matched betting strategy you want to be in a position to squeeze as much value out of the free bets as possible. To do this there are few factors that you can implement to enhance your potential returns. These including taking higher odds I recommend when placing a bet with free bet stake to opt for higher odds at least over 3 in decimal, it is also useful to find events where the odds at a bookmaker are comparatively close to betting exchange lay odds, which is also an important factor when placing qualifying bets too.