Over the past few years I have learnt a few things about making guaranteed profits from free bets. It forms part of my day to day income and I have written this article to help you understand the concept.
Free bets are pre-prints of events to be played or places to bet on. They range from the Betfair Exchange markets, where you predict the outcome, to the simpler allocated markets where you predict something, fairly close to the outcome.
All offer you a chance to predict the outcome as this is the best way to do it on Betfair and that is why they are so popular. Betfair has many different markets on horse racing, football, darts, snooker and a million other sports and events. They all give you aFREEBIE opportunity to make money betting.
All you have to do to qualify for these offers is sign up to the bookmaker and make a deposit, commonly around £30. Or you can do much better than that, you can deposit money into your Betfair account from friends and family and earn a regular 2% commission on your cash balance.
The best return on your money is generally placed at odds around 3.0 that include the ‘0-50-0’ market, where you bet on whether the winning team will be able to score a goal. Recent improvements in technology means that these bets can be placed online and will usually get results.
These bets aren’t guaranteed to return a profit and are different to regular bets on Betfair where the odds are fixed for each bet. They give you the chance to bet ‘on the hop’ that the team will win, with the stake varying depending on whether you like the bet or not.
Royal Ascot, winner of the most recent televised draw in the UK are one example of these bets. They are restricted to markets relating to just the Royal Ascot each week. However, the market for each race is normally quite small and therefore most people won’t have bet on them.
Another example of these ‘on the hop’ bets is at 5 Card AfaPoker. These bets are on the 5 Card Poker hand, where the 5 best cards in the deck are available to make the best hand. The UK games only beats the US games only on a couple of criteria, quite simply because it has slightly better odds and the chances of getting a royal flush are lower.
The reason these bets are popular are because they are very short-term bets. If you like a casino game or are looking to make a quick buck, these bets could be good for a while – however they aren’t really a long-term winning bet.
When betting on sports, it’s vital you realise that there is only so much you can do when your opponent is in the arena. You can influence their decisions, stage a bluff, have a solid system and have a strategy before your opponent has had a chance to act on their information.
However, when the betting starts, you cannot influence the outcome as much as you would like. This is why there is no point in trying to get a sure win – the odds will always be against you. Always be aware of the betting options available and never lose sight of the reality of the situation. If you want a profit from betting, then having a bet fixed to your favourite team can never be too good to be true.