I joined CashLoopHoles recently and love all the posts about making money and freebies
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I plan on spending much more time on here and thought I'd give something back to all you guys.
This is my first guide so please try to bear with me. I was strapped for cash last summer, and looked at ways of making money using betting websites. Please don't be put off by the work involved - if you follow my advice at the end of the guide you will make a profit.
Time guidelines: 20 to 30 minutes.
How it works
You sign up to two different betting websites that offer deposit bonuses. Deposit the amount needed to get the bonus on both websites, then find something to bet on with only a two-way (win/lose) outcome. Baseball, American Football and Tennis for example.
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Next, you should place a dutch(bold) bet using both websites. You do this by betting for one side to win on the first website, and a bet for the other side to win on the second website. Calculate the amount to bet so that whatever team wins, you break even (or at worse, lose a few quid).
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Example
Tennis - Thursday 25/06/2009
Selection M Zverev vs. P Petzschner
Odds (JAXX) 3/5 6/5
Odds (Ladbrokes) 4/7 5/4
Bet £35.16 (JAXX) £25 (Ladbrokes)
Overall stake: £60.16
Overall profit: £-3.91
Yeah, £-3.91 doesn't look very appealing at the moment. However, withdraw your winnings from the one website, and sit back and wait for both websites to credit your bonus bets of £25. You can bet these on anything you like. My advice is to place another dutch bet, this way you are guaranteed to win money. There are even a couple of websites that offer £50 bonuses = more money
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I hope you enjoyed reading this. If you decide to have a go, good luck and above all, have fun! If you liked the guide, please click thanks
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Betting websites to give you a head start
I've stated the odds you need for a few betting websites below (saves you reading through the T&Cs). The links have been stealthed.
JAXX
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£25 bonus, odds of at least 1.6 (3/5).
Ladbrokes
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£25 bonus, any odds.
totesport
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£25 bonus, odds must be evens or greater.
Sportingbet
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£25 bonus, odds must be evens or greater.
This websites has a bigger list of betting websites with free bets.
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These are not my affiliate/referral links.