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Risk Free Betting

The number of online sports bookmakers online which gives us a little chance to make some extra cash. The competitive odds mean that some bookies give higher odds than others. If a sporting event has two outcomes, it is possible to calculate how much money to stake on each outcome to produce the same winning outcome regardless of the odds. An example is seen below:

F1 Turkish Grand Prix (Race Match bet) 

Button » 2.31 (Bet365) » £466.50 returns £1,077.62
Webber » 2.02 (Ladbrokes) » £533.50 returns £1,077.67

Here, a total of £1,000 is staked and either way, £1,077 is returned. This is a guaranteed profit of £77.

This allows us to make money taking about 5 minutes to work out and we can sit back and enjoy the race knowing that we are guaranteed to make profit.

There are endless opportunities to make profit however they are usually about 2% of the total stake. In the long term this can be very profitable and some people choose it as a full time career.

A GOOD TIP WOULD BE TO VISIT THE FREE BET SECTION, WHICH SHOWS WHAT BOOKIES BONUSES ARE AVAILABLE. EACH BOOKMAKER HAS A SMALL REVIEW. THIS ALLOWS YOU TO BUILD UP MONEY TO STAKE ON THE RISK FREE BETS! REGISTER AT THE BOOKIES HERE TO GAIN THE FREE BETS!