Underlay This £50 Free Bet For Guaranteed Profit

DATE POSTED: 08/03/2013

OddsTrawler.com

PLEASE NOTE: This free bet is for new Sportingbet customers only. If you already have a Sportingbet account you will not be able to claim this free bet. Click HERE for a full list of all the bookie offers currently available.

Hi

I receive numerous emails every week asking how to take advantage of bookie offers that give you a free bet only if your first bet loses.

The secret is 'Underlaying'.

I will use the £50 free bet currently available at Sportingbet as an example to explain the process.

Visit Sportingbet. Create an account. Deposit £50.

Use your version of OddsTrawler (Basic or Pro) to find a qualifying bet where the back odds and lay odds are as close as possible and greater than 1.50.

To make the most from this type of bet you need to back an outcome at as high odds as you can afford to. The bigger the back odds the bigger your liability at betfair. This liability is never at risk...but it does mean you need a large balance in your betfair account.

The example below shows one of the best qualifying bets available at the time of posting.


Chelsea v West Ham
Football - England - Premier League - Match Odds
17/03/13 @ 16:00 GMT

Back £50 on West Ham with Sportingbet at odds of 10.00.

Lay £41.09 on West Ham with betfair at odds of 11.00. You will need £410.90 in your betfair account to cover this bet.


The figures above were generated by using the ADVANCED MODE of the OddsTrawler calculator and sliding the CUSTOM slider fully to the left.

A screenshot of how the calculator looked can be found below. The CUSTOM section I'm referring to is circled in red.

If West Ham win the game you will make a total profit of £39.10 but will not qualify for the £50 free bet.

If West Ham don't win the game (eg it's a draw or Chelsea win) you will make a loss of £10.96 but will qualify for the £50 free bet. You can then use the free bet to lock in a guaranteed profit of around £40...which will more than cover your initial loss of £10.96.

Regardless of the result you will make a profit of between £30 and £40.

If your balance at betfair cannot stretch to a £400+ liability you can still guarantee a small profit...with the potential of a larger profit if the result goes your way.

The example below shows one of the best low liability qualifying bets available at the time of posting.


QPR v Sunderland
Football - England - Premier League - Match Odds
09/03/13 @ 15:00 GMT

Back £50 on QPR with Sportingbet at odds of 2.25.

Lay £45 on QPR with betfair at odds of 2.30. You will need £58.50 in your betfair account to cover this bet.


The figures above were generated by using the ADVANCED MODE of the OddsTrawler calculator and sliding the CUSTOM slider fully to the left.

A screenshot of how the calculator looked can be found below. The CUSTOM section I'm referring to is circled in red.

If QPR win the game you will make a total profit of £4 but will not qualify for the £50 free bet.

If QPR don't win the game (eg it's a draw or Sunderland win) you will make a loss of £7.25 but will qualify for the £50 free bet. You can then use the free bet to lock in a guaranteed profit of around £40...which will more than cover your initial loss of £7.25.

It's totally up to you how you play this. I personally prefer the first option because it's more profitable. If you don't have a large enough balance in betfair to cover bigger odds you might be better off doing some more traditional matched betting, to build up your bank, before attempting this one.

The odds quoted above were correct at the time of posting. If the odds have changed simply enter the new figures into the calculator.

All profit figures quoted assume a 5% commission rate at betfair.

You can quickly and and easily find your own bets by using your version of the OddsTrawler software.

OddsTrawler Basic

OddsTrawler Pro

I recommend you read the terms of conditions of all free bets before you take advantage so you know exactly what you're getting into. Printing a copy for your records is also a good idea.

If you need help making the most out of this offer please email me.

Regards
Peter Jenkins
UCantLose Ltd
UCantLose.com

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