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Free Bets

Free Bet on Lose

Make a profit from bookmaker free bets

Most online bookmakers offer free bets for new customers. They will regularly offer free bets to existing customers for major sporting events. By the simple technique of laying your bets at an exchange you can get a profit from every free bet.

This is not a get rich quick scheme. It is a simple method to add to your income and get free money from the bookies. It makes sure there is no risk and by a careful and methodical approach you can get a regular input of free money. You don’t need to do any complex maths, there is a spreadsheet to do that, you simply need to follow some simple rules.

This easy to follow method will make you money by placing two bets at the bookmaker and laying two bets at the betting exchange.

Join an online bookmaker and place a bet on a football match for Team A to win.

Join an online betting exchange and place a bet on the same football match for Team A not to win. (Lose or draw).

If Team A wins you make a profit at the bookmaker, but a loss at the betting exchange.

If Team A doesn’t win (loses or draws) you make a profit at the betting exchange, but a loss at the bookmaker.

These two bets cancel each other out. But because the exchange charges a fee and the odds will be slightly different you will have a bit less money than you started with.

HOWEVER, by placing your first bet at the bookmaker you now have a FREE BET. Using this free bet you can now get a profit whatever the outcome.

At the bookmaker place your FREE BET on a football match for Team A to win.

At the online betting exchange place a bet on the same match for Team A not to win (lose or draw).

Again these two bets cancel each other out. But because you have used the FREE bet at the bookmaker you will have more money than you started with.

Start with £100 of your own money

	Money in Pocket	Money in Bookmaker	Money in Betting Exchange	Total Money
Starting point	£100.00	£0.00	£0.00	£100.00
Deposit £10 in bookie	£90.00	£10.00	£0.00	£100.00
Deposit £20 in betting exchange	£70.00	£10.00	£20.00	£100.00
Use your £10 balance to place a bet in the bookie at odds of 1.5 on Team A to win	£70.00	£0.00	£20.00	£90.00
Use your £20 balance to a lay bet of £10 in the betting exchange at odds of 1.55 not to win.	£70.00	£0.00	£14.50	£84.50
Whilst the game is happening our money is held by the bookmaker and the exchange.
Team A win (Win at bookmaker, lose at exchange)	£70.00	£15.00	£14.50	£99.50
Team A don’t win (Lose at bookmaker, win at exchange)	£70.00	£0.00	£29.50	£99.50
Whatever the outcome of the match, you have a lost a small amount of money (50p) because of the exchange fee and the difference in the odds. You now have a FREE BET. Choose another football match and for this example we’ll use exactly the same odds for Team A
Place the FREE bet of £10 in the bookie at odds of 1.5 on Team A to win	£70.00	£0.00	£29.50	£99.50
Place a lay bet of £10 in the betting exchange at odds of 1.55 not to win	£70.00	£0.00	£24.00	£94.00
Whilst the game is happening our money is held by the bookmaker and the exchange.
Team A win (Win at bookmaker, lose at exchange)	£70.00	£15.00	£24.00	£109.00
Team A don’t win (Lose at bookmaker, win at exchange)	£70.00	£0.00	£39.00	£109.00
Overall after placing two bets at the bookmaker, laying these bets at the exchange and waiting for the outcome of the football matches you have £9 more than we started with.

This may not seem like a great deal, but if you continue with the process your profit will grow over time. In this simple example you have made £9 profit from a £10 free bet. As your kitty grows you will be able to take advantage of the bookies offering £200