I started off by trying to find a way that i could make money from the bookmakers free bet offers,
i tried out different ways until i eventually came up with a plan. I started off with the smallest
free bet offers until i was sure that the system worked, it did and by the time i was finished i had
made £918.69, here is how i did it.
I started by opening my first bookmaker account.
1st Bookie =Skybet bet £20 get £20 free Bet No 1.(qualifying bet)
I opened a skybet account and deposited £20, searched for my qualifing bet, a bet that u will lose as little as possible on.
I backed £20 on lille to beat Genk 20-08-09 EUROPEAN CUPS: Europa League - qualification
lille were 2.2 to win with skybet and i layed them at 2.1 on betfair,
lille won the match 2-1 so my skybet account went to £44 plus i got a free £20 bet.
My betfair account went to £56.39
Summary:
Place BACK bet with £20.00 at odds of 2.20
Place LAY bet at betting exchange with £21.46 at odds of 2.10 (you will need £23.61 in your betting exchange account to cover this bet)
An overall profit of £0.39 to obtain the free bet.
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The Calculations:
If your selection wins you will lose £-23.61 at the betting exchange but win £24.00 at the bookmakers. Overall Profit/Loss of £0.39
And if your selection loses you will lose £-20.00 at the bookmakers but win £20.39 at the betting exchange. Overall Profit/Loss of £0.39
Profit so far £0.39
now i have my free £20 bet i need to look for the next match to bet on
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Bet No 2. Free Bet (stake not returned)
I bet my £20 free bet on Le Havre 3 - 2 Angers FRANCE: Ligue 2
I bet £20 on Angers to win and i layed Angers at £14.43 on betfair to lose this gives me a profit of £13.71 no matter what the out come of the match is
Summary:
Place BACK bet with £20.00 (using freebet stake) at odds of 4.50
Place LAY bet at betting exchange with £14.43 at odds of 4.90 (you will need £56.29 in your betting exchange account to cover this bet)
An overall profit of £13.71
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The Calculations:
If your selection wins you will lose £-56.29 at the betting exchange but win £70.00 at the bookmakers. Overall Profit/Loss of £13.71
And if your selection loses you will lose £0.00 at the bookmakers but win £13.71 at the betting exchange. Overall Profit/Loss of £13.71
Total profit so far £14.08