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7 years ago in #steemit by heavey (59)
$2.69
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Great strategy! But after you have spent your free bets on the different betting sites, how are you going to make more money? Still a lot of money to be made with basically no effort though.
the free bets are recurring
i don't get why the free bet makes the money, if you go 50 on win and 50 on loss to convert to free bets nothing has changed, you still have 50 you deposited in each, except now you wasted your buffer by fishing out the free bet for no reason, at least that's what it sounds like.. does the 50 free bet stack on top of the one you win? so you have 100 and 50 after?
An excellent question and thank you to Leakim for helping with the answer. You have to think of it as 2 steps. First you deposit £50 into Ladbrokes and £50 into Betfair. Step 1 - You place a bet on let's say Man U to win their Wednesday match on Ladbrokes and you place the bet on Man U not to win on Betfair. Once the bet has been settled, you will have lost £50 in one bookie but won £50 in the other so you are level overall. Step 2 - You have a free bet and you carry out the same process again but placing the bets of an entirely unrelated match that occurs on Saturday. Does this make a bit more sense?
If i understand correctly, the bet that you lost with, where you still have the 50$ left, is used to "back" either win or loss on the next bet with a different site where you have another free bet.
I used to sign up on all the internet casinos and play through the free spins and cash out whatever i had left after the wagering requirement was met, some easy quick cash as well.
Thanks for the article. I didn't realise this opportunity existed. The maths isn't too hard to figure out with a bit of thinking. I might give this a go!
The only difficulty really is understanding the concept... the maths and actually doing it is the easy bit! But there are still several pitfalls to avoid when doing this so follow my channel and you can see my step-by-step guides including the basics to the advanced methods and every pitfall to avoid :) I also post regularly about other ways to make significant money online too
Welcome and Thank You for being with us!! Following your Blog now
Thank you mate! Happy you've followed mate, you'll learn everything you need to know to turn a side hustle into a full time job with my channel and investment advice
just wow!! this sounds really great... and it might be important for me as well.
Well then follow my channel and I'll teach you everything with my step-by-step guides. Also, my channel covers so much more about making money online than just this too ;)
I believe that when you are offered your freebet there is some conditions (i.e. you need to play for the amount the freebet is x amount of times before you can cash out) but surely you will have more cash on the betting page.
That entirely depends on the conditions of the free bet. There are several types of free bets and the one you are referring is called a 'rollover bet' because you need to bet (rollover) your money a certain number of times before you can withdraw it. The majority of free bets are actually not like this and are therefore much profitable :) Would you be interested in learning more?
very interesting!
You know about matched betting? :)
Hi, guys, Follow me and Upvote my posts in my blog and i will do the same thing!!!
Hey buddy, please don't post these sorts of comment on my blog. I believe achieving followers and upvotes should be done through posting high-quality content and not just asking people to follow you. In order to build Steemit as a truly credible website, we have to encourage high-quality post and this type of thing detracts from it. Please respect my blog and post this elsewhere in future. Thank you for your understanding
Welcome :) Followed. Follow me back 😘