How to use free bets

Posted by - October 15, 2010 - Adverts and Commercial, Betting

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Find them (at Freebets for instance), select them and use them. Free bets are the singly best way to make sure that you do better then the bookie.

You have no doubt heard people say that it is the bookmaker who always wins. That is, in fact, a myth. Quite often the bookie loses (and sometimes loses big time). It is your role as a sports’ bettor to ensure that the bookie loses more often.
Before you use free bets it is important understand way they work, for they are not quite as simple as they might appear on the surface.

Like most things in life, once you start looking below the surface complications arise. Here we will look at a typical offer made by a leading bookmaker.

This particular bookmaker is offering £200 worth of free bets. To qualify for this offer it is necessary to open an account and deposit £200. It is a deposit matching bonus, so if you do not wish to deposit the full £200 you can deposit a smaller sum, say £10 (which is the minimum) and receive £10 worth of free bets.

Say you have made the maximum qualifying deposit of £200. The bookmaker will then transfer a further £200 to your account making it in total £400. Unfortunately you cannot withdraw it and walk away with 100% profit. Instead you need to make bets with a total stake of £1,200 (or three times the sum of the bonus and deposit if you deposited less then the maximum) before you can withdraw any of the initial deposit or bonus.

There are also restrictions on the bets that count towards this. The minimum odds that qualify are less than 1–2 and bets placed on in-play betting and other specific betting markets are also excluded.

By searching for good value bets (those which you believe the odds represent good value for money) you should be able to turn your free bets into real profit.