how to make easy money - compare the betting markets.pdfhow to make easy money! the ultimate guide...

How To Make Easy Money

The Ultimate Guide To Making Risk Free Profits!

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How To Make Easy Money!The Ultimate Guide To Making Risk Free Profits!

Contents

Introduction 3

Getting Started 4

How It Works 5

Step By Step Guide 7

Automated Software 18

Final Thoughts 21


Introduction

Congratulations on your decision to download your free copy of How To Make Easy Money!

I appreciate you will be more than a little sceptical but let me reassure you straight away that there is absolutely no catch to this whatsoever. Provided you follow the instructions given in this guide exactly you are guaranteed to make money without ever risking a single penny!

All you need to do is take advantage of the numerous offers from online bookmakers who regularly give away free bets to entice new customers.

Now don’t worry, you will NOT be gambling. You will be placing bets but there will be no possibility of you losing. You will make money from each and every bookmaker you open a new account with! And there are literally hundreds online all competing with each other to gain your custom.

Turning all those bookmakers’ free bets into free money is commonly referred to as Matched Betting. It is a very easy technique anyone can use even those who know absolutely nothing about betting.

Briefly, it’s just a case of using any free bet you receive from a bookmaker to back a selection to win any particular sporting event and then backing the same selection to lose that event using a betting exchange.

Then, whether the selection wins the event or not, you will convert a large percentage of the free bet amount into free money! You then move on to the next bookmaker offering a free bet and repeat the process! It really is easy money!

However, most people miss out because they think it’s all too complicated or there must be some form of risk involved. In fact, it’s very straightforward and totally risk free!

Whether you’re an experienced punter or a complete novice, this guide will teach you all you need to know.

If there is anything you’re not 100% sure about once you have read through this guide then please don’t hesitate to contact me personally. I will be more than happy to answer any questions you may have.

Kind regards,

Dave

mailto:[email protected]


Getting Started

You will need some starting capital so you can open accounts with bookmakers and fund your betting exchange accounts. Now don’t worry! Your own money will never be at risk!

You can get started with as little as £50 but the more you can raise the better because you will then be able to convert a higher percentage of the free bet amount into free money. Ideally you should look to raise at least £500. That will be enough to enable you to take full advantage of most free bet offers up to £50, which will mean your funds will double in next to no time! You will then easily be able to cash in on the bigger offers.

Anyway, whatever amount you decide to start with should be deposited into your personal bank account so you can use your debit card to fund your betting accounts. You should avoid using credit cards as they can incur charges. Debit card transactions are normally free.

Although not essential, you should also open e-wallet accounts with Skrill (Moneybookers)and Neteller, as this will allow you to transfer funds between your betting accounts more quickly. This is particularly useful if your funds are limited.

Next you will need to open an account with the leading betting exchange, Betfair. If you already have an account then you should still open another one so you can keep this separate from your other betting activities.

You will make a lot of money by using the other exchanges, Betdaq and Smarkets, so you should also open accounts with them if your funds permit. If not, an account with Betfair is sufficient to start off with.

You should deposit 80% of your starting capital into your new exchange accounts. The other 20% should be left in your bank account and/or your e-wallet accounts to fund new bookmaker accounts.

You are now ready to start making easy money with absolutely no risk whatsoever. So let’s begin...

http://www.taps-uk.com/r/skrill.htm

http://www.taps-uk.com/r/neteller.htm

https://account.betfair.com/account-web/registerAccount.html?promotionCode=4HLCGPEHU

http://www.taps-uk.com/bookmakers/betdaq.htm

http://www.taps-uk.com/bookmakers/smarkets.htm


How It Works

Bookmakers’ offers to new customers vary but are generally one of the following…

Deposit Bonus

The bookmaker adds a bonus to your account based on the amount of your first deposit as a new customer. Your initial deposit and/or the bonus will usually have to be turned over a certain amount of times before you can make a withdrawal. The bonus amount staked on any bets is usually included in any returns.

Free Bet

Once you have placed your first bet as a new customer, the bookmaker will credit your account with a free bet up to a certain amount based on the amount you stake on your first bet. The free bet amount is usually not included in any returns except on rare occasions.

No Risk Bet

The bookmaker will credit your account with a free bet up to a certain amount based on the amount you stake on your first bet but only if your first bet loses. Any free bet amount is usually not included in any returns.

To receive your free bet or sign up bonus you will usually need to place a bet with your own money first. This is known as your qualifying bet. But, as you will be laying this bet (backing the selection to lose) on an exchange, there is no risk whatsoever to your own money. You may incur a very small loss on the bet but the free bet you receive as a result will more than make up for it!

If you’re still a little sceptical, this hypothetical example should convince you it really is impossible to lose!

Let’s assume you find a bookmaker offering a £25 free bet to new customers who first place a £25 bet with their own money and let’s assume you intend to use Betfair for the lay bets.

You open a new account with the bookmaker and deposit £25. You then look for a selection in any sporting event that is priced at reasonably low odds with the bookmaker and the odds to lay the same selection on Betfair are lower, the same or just slightly higher.

So let’s assume you find a selection whose back odds with the bookmaker and lay odds with Betfair are identical at 2.50. You bet £25 on the selection to win with the bookmaker and take those odds. You then lay the same selection on Betfair. Assuming your Betfair commission rate is 5%, your lay stake would be £25.51, which would mean your liability on the exchange would be £38.27.

Don’t worry if you don’t know how to work out the stakes for your lay bet because you don’t need to. Just use our Easy Money Calculator, which is available on the resources page of our website.

http://www.comparethebettingmarkets.com/resources.php


Now, if the selection wins, you will win £37.50 from the bookmaker but lose £38.27 from your lay bet leaving you with a loss of 77p. If the selection doesn’t win, you will lose your £25 stake money to the bookmaker but you will win £24.23 (£25.51 less 5% commission) from your lay bet, which will also leave you with a loss of 77p. But that’s ok because you have now placed your qualifying bet so you will receive a £25 free bet from the bookmaker.

So the next thing to do is find another selection in any sporting event whose back odds and lay odds are closely matched. However, as this is a free bet that does not include the stake money in any returns, it’s important to find a selection at higher odds than you did with your qualifying bet in order to maximise the amount of free money you end up with. Therefore you should look for a selection at the highest odds you can find that your funds will be able to cover.

So let’s assume you find a selection at identical odds of 11.00. You then back the selection to win at those odds with the bookmaker using your £25 free bet and immediately lay it with a stake of £22.83, which would give you a liability of £228.30.

If the selection wins, you will win £250 from the bookmaker but lose £228.30 from your lay bet giving you a net profit on the bet of £21.70. You lost 77p with your qualifying bet so your overall profit would be £20.93.

If the selection doesn’t win then you will lose nothing to the bookmaker because it was a free bet but you will win £21.69 (£22.83 less 5% commission) from your lay bet. So, after deducting the 77p you lost with your qualifying bet, your overall profit would be £20.92.

Not a bad return from just one bookmaker’s relatively small offer!

Obviously if your funds are really limited, you would need to look for a selection at lower odds so your return would not be quite so good. But even if you could only afford to cover a selection at odds of 7.00, you would still end up with over £19.70 in free money if you laid it at the same odds.

That’s all there is to it! You now just look for another bookmaker offering a free bet to new customers, open a new account and repeat the process!

That hypothetical example should have made you a lot less sceptical so in the next chapter we’ll explain the whole process in detail from start to finish.


Step By Step Guide

If you’re still a little unsure of how it all works, this illustrated guide will help you to fully understand the whole process.

For ease of illustration, we will assume you are laying all your bets on Betfair but the method works in exactly the same way if using the other exchanges.

You will find a comprehensive listing of all the current free bets and bonus offers from a multitude of bookmakers on our website at the link below.

www.comparethebettingmarkets.com/freebets.php

Example 1 – Free Bet

For our first example, let’s assume you decide to open a new account with Stan James who, at the time of writing, are offering a free bet up to £10 to all new customers. The stake is not included in any returns.

To qualify for the free bet you must first place a bet using your own money. Therefore you need to deposit £10 so you will be eligible for the maximum free bet on offer.

The terms of the offer stipulate that your qualifying bet must be at odds of 1.80 or greater so you need to look for a selection in any sporting event that is priced at or above those odds with Stan James and whose lay odds on the exchanges are similar.

You should open the Stan James website and the Betfair site in two separate web browser windows. This is so you can view both sites simultaneously. If you don’t have a PC with a dual monitor display then tile the windows so they sit side by side.

The most common odds format is now decimal but quite a few sites still use traditional fractional odds and some use American odds. This is not a problem because on most websites you will have the option to select what format you want to use. So you just need to select Decimals as your preference. On the Stan James website, the drop down options menu can be found near the bottom of the page in the left hand column.

If you do happen to place a bet at fractional or American odds then you will need to convert the odds to decimal in order to use our calculator. Don’t worry if you’re not sure how to do that, simply use our Odds Converter, which is available on the resources page of our website.

Now it’s just a case of working your way through each event one at a time until you spot a selection with similar odds. This should take you no more than a couple of minutes at the most.

So let’s assume you find a horse racing selection as shown in the screenshots below. Now, in practice, both the websites would be displayed side by side on your PC either on two screens

http://www.comparethebettingmarkets.com/freebets.php



or in tiled windows if you have a single monitor. But, for illustration purposes, they are shown underneath each other so as to fit them on the page in a readable format.

Now, as you can see, the odds for Jullandar to win are 4.00 with Stan James and the lay odds on Betfair are actually shorter at 3.80 so this is an ideal opportunity.

Therefore you should now back Jullandar to win to a stake of £10 with Stan James and take the odds on offer of 4.00.

Then immediately lay Jullandar on Betfair (effectively back it to lose) at the lay odds available of 3.80. Your lay stake will be £10.67.


Your lay stake is shown as the Backer’s Stake on Betfair. Your liability is £29.88, which is the amount you will need to have in your Betfair account.

You can quickly and easily work out the lay stake using our Easy Money Calculator as shown below…

There are full instructions on how to use the calculator in the Help section of our website but, as you will see, it is very straightforward.

For this bet, you should select Standard Bet from the drop down menu for Bet Type as this is your qualifying bet. Then set your commission rate (5% in this example). Next type in the Back Odds and Lay Odds in decimal format followed by your Back Stake then click Calculate. The amount you need to lay will appear instantly and you will be able to see at a glance what your overall position will be should the back bet win or lose.

As you can see, if Jullandar had won, you would have won £30.00 from your Back Bet with Stan James but lost £29.88 from your Lay Bet on Betfair giving you an overall profit of 12p. As it happened it didn’t win so you lost your £10 stake money to Stan James but you won £10.14 (£10.67 less commission) from your Lay Bet giving you an overall profit of 14p. And



you have now qualified for a £10 free bet, which will be credited to your Stan James’ account within 24 hours but usually sooner.

As soon as the £10 free bet is available in your account you should look for another selection in any sporting event whose back and lay odds are closely matched. However, as this is a free bet that does not include the stake money in any return, it’s important to find a selection at higher odds than you did with your qualifying bet in order to maximise the amount of free money you end up with. Therefore you should look for a selection at the highest odds you can find that your funds will be able to cover.

To give you an idea of how much you will make at different odds, backing and laying at identical odds of 2.00 would mean you would convert less than half the free bet amount into free money. However, backing and laying at identical odds of 19.00 would convert over 90% of the free bet amount into free money!

If your time is limited and you can’t find a selection at such high odds straight away, or if your funds won’t allow you to back at such high odds, then don’t worry. Just back the first suitable selection you find, ideally at odds of 7.00 or higher. Backing and laying at those odds will still convert over 80% of the free bet amount into free money, which is certainly not a bad return when there is absolutely no risk involved!

Anyway, let’s assume you found another horse racing selection to back using your £10 free bet as shown in the screenshots below.

As you can see, Gunmoney is priced at 15.00 to win the race with Stan James and is available to lay at 14.00 on Betfair. Therefore, you should back it to win using your £10 free bet with Stan James and take the odds of 15.00. Then use our Easy Money Calculator to work out your lay stake of £10.04. This time you must select Free Bet (SNR) from the drop down menu. SNR is short for Stake Not Returned.


Gunmoney lost but you didn’t lose any money to Stan James because you used your free bet. However, you won £9.54 (£10.04 less commission) from your lay bet. Add the 14p profit you made from your qualifying bet and that gives you an overall profit of £9.68.

You have not risked a single penny to make that and it has only taken a couple of minutes of your time. And that’s from the smallest free bet on offer!

Now take another look at all the free bets on offer on our website and I’m sure you will realise the full potential of this risk free money making opportunity!

Example 2 – No Risk Bet

For this example, let’s assume you have opened a new account with Sporting Bet who, at the time of writing, will refund your stake money in the form of a free bet up to £50 if your first bet loses.

So, to ensure you qualify for the maximum amount, you first of all need to place a £50 bet using your own money. With no-risk bet offers, it’s important to look for a selection at reasonably high odds for your qualifying bet. This will enable you to convert as much as possible into free money.

So let’s assume you found the following horse racing selection. You stake £50 to win and take the odds on offer of 13.00 with Sporting Bet. Then immediately lay the same horse on Betfair, using our Easy Money Calculator to determine the lay stake of £48.19. (Note that you need to select No Risk Bet as the Bet Type from the drop down menu in the calculator).


Now, as you can see, if Winnie Perry wins the race, you won’t receive a free bet but you will still show an overall profit of £45.82. (£600 profit from your back bet minus £554.18 lost on your lay bet).

As it happened, Winnie Perry didn’t win so you lost your £50 stake money to Sporting Bet but won £45.78 (£48.19 less commission) from your lay bet leaving you with an overall loss of £4.22. But that’s ok because you have now qualified for a £50 free bet that you can convert into free money!

So, as soon as the free bet is available in your account, you can look for another selection at reasonably high odds. The first selection you find with closely matched odds of 7.00 or over is fine.

So let’s assume you found the following…

You stake your £50 free bet on Sir Graham Wade and take Sporting Bet’s odds of 7.00. Then, using our Easy Money Calculator to determine your lay stake, you immediately lay the horse on Betfair. As this is now your free bet you need to select Free Bet (SNR) as the Bet Type.

If Sir Graham Wade wins the race, you will win £300 from your free bet but lose £259.02 from your lay bet giving you a profit on the bet of £40.98. You will need to deduct the £4.22 you lost with your qualifying bet but you will still be left with an overall profit of £36.76.


The horse actually lost so you won £41.01 (£43.17 less commission) from your lay bet and lost nothing with your free back bet. So, after deducting the £4.22 you lost with your qualifying bet, you’re overall profit was £36.79.

The percentage return with all no risk offers will never be as good as standard free bet offers but it’s still very easy money!

Example 3 – Deposit Bonus

For our final example, let’s assume you have deposited £200 into a new Bet365 account to take advantage of their current offer to match the amount of a new customer’s first deposit up to a maximum of £200.

As with most deposit bonuses, the regular Bet365 offer is almost as good as free money because the free stake is included in any returns. Once you have staked your entire deposit, the bonus money will be credited to your account and is available to bet with. You do need to rollover your deposit and bonus three times before you can make a withdrawal but that can quickly be achieved.

Only bets on selections at odds of 1.50 or higher count towards the rollover requirement so, bearing that in mind, let’s assume you found the following in a top football match.

As you can see, the odds for Barcelona to beat Bayern Munich are 1.85 with Bet365 and the lay odds are only slightly higher at 1.86 on Betfair so this is an ideal opportunity to stake your full £200 deposit straight away. Then, using our Easy Money Calculator to determine the stake, immediately lay them on Betfair.


This is a qualifying bet so you select Standard Bet as the Bet Type. As you can see, whether Barcelona win or not, you stand to lose £5.80 but that’s not a problem because, regardless of the result, Bet365 will credit your account with £200 so your overall position will be £194.20 in profit!

It’s not quite free money just yet though because, before you can make a withdrawal, you need to rollover your initial deposit and the bonus three times.

So, in effect, you may need to stake a total of £1,200.00 before you can count any money in your Bet365 account as yours. Obviously if your bets lose then there will be no need to meet the rollover requirement but you have to be prepared for the possibility. In any event, it will be very easy to stake that amount if necessary so the money will be yours in no time at all!

Barcelona lost so you now need to look for another suitable bet to have using your £200 bonus funds. Let’s assume you found the following in another top football match…

To determine your lay stake, you should again select Standard Bet as the Bet Type in our Easy Money Calculator. You could also select Free Bet (SR) and that would actually show your overall position more accurately. However, as you may need to place more bets to meet the rollover requirement, you would need to revert to selecting Standard Bet for all remaining bets you may have. Therefore, to save confusion and avoid making a mistake, it’s best to always select Standard Bet when using a deposit bonus that requires you to rollover the amount more than once.


As you can see, you will lose £6.12 whether Chelsea win or not so your overall loss from the two bets so far will be £11.92. But, as you have received £200 bonus funds, you will actually be £188.08 in profit! And if Chelsea lose, you will not need to place any more bets because you will have lost both your initial deposit and the bonus.

Chelsea actually won so you now have £300 in your Bet365 account that you still cannot withdraw. Therefore you need to look for another suitable bet. Let’s assume you found the following in a horse race the following day…

Again, select Standard Bet as the Bet Type in our Easy Money Calculator to determine the lay stake.

As you can see, if Frontier Flight wins you will lose £9.84. However, that will mean you will have a total of £675 in your Bet365 account and will only need to bet with £500 of it to complete the rollover requirement.

As it happened, the horse lost so you did not need to place any further bets because there was no money left in your Bet365 account. You still lost £9.84 on the bet but that still left you with a total of £178.24 in free money!


I appreciate there was a lot to take in with this example and I know some of you with little or no betting experience may be a little confused. If so, this illustrated summary should help clarify everything for you.

For illustration purposes, it’s assumed you started with £800 in your Betfair account and £200 in your Bet365 account.

Bet365 Betfair Total FundsStarting Balance: £200.00 £800.00 £1,000.00

Profit/Loss on first bet: -£200.00 £194.20 £994.20Bonus received: £200.00 £0.00 £1,194.20

Profit/Loss on second bet: £100.00 -£106.12 £1,188.08

Profit/Loss on third bet: -£300.00 £290.16 £1,178.24Final Balance: £0.00 £1,178.24 £1,178.24

The overall profit of £178.24 is the equivalent of converting over 89% of the bonus into free money, which is excellent! But it’s actually possible to convert a lot more if you take your time to look for more profitable opportunities! And there will be plenty!

I know a lot of you will now be tempted to go for the bigger deposit bonuses straight away and that’s fine provided you have sufficient funds. The shorter the odds of the selections you bet on, the less money you will need. But even if you only bet on selections at the minimum odds of 1.50 specified for the rollover requirements, you will need just over £620 in your Betfair account if you lay off at the same odds and your commission rate is 5%. Obviously if some or all selections lose, or if you manage to lay off at odds shorter than the back odds then you won’t need as much but you should not take that chance! Build up your funds by taking advantage of the many smaller offers first.

So that’s all there is to it! I’m sure you’ll agree it’s an extremely easy way to make guaranteed risk free money! And in the next section, you will see how it can get even easier!


Automated Software

Looking for suitable bets manually is relatively quick and easy but if you want to automate the process and make it even easier then our Odds Tracker software is just what you need.

This powerful web based program constantly scans a multitude of betting markets and compares the back odds on offer from a large number of bookmakers with the lay odds available on the leading betting exchanges. It then displays the best and most profitable opportunities available at any given time.

The software is available on our website together with full instructions on how to use its many features. But, to give you an idea of what it can do, take a look at the screenshot below, which shows the top seven value bets produced from just one scan. There are actually hundreds available that could be used for Matched Betting with this one scan alone. All found and displayed in the blink of an eye! And that’s just by comparing the odds with one exchange, Betfair.

The software’s flexible filter also lets you scan as many or as few bookmakers as you choose and also allows you to specify other search variables as well.

As an example, the screenshot below shows the filter set to scan the odds of all bookmakers but just one exchange. We have limited the scan to just Horse Racing and Football (Match Odds) markets taking place within the next day with back odds of between 1.50 and 34.00. We have also set up the filter so the software will only display bets where there is a minimum of £25 available to lay on the exchanges (Min. Liquidity) and that will return a rating of between 95% and 120%.


As soon as the Apply button is pressed, the software rapidly scans all the markets and instantly displays all bets meeting the set criteria. The screenshot below shows the top four results but, again, there are literally hundreds! It’s just not practical to show them all in this guide.

You can view full details about each bet by clicking the information icon next to the rating. This opens up a new window where you can also access the software’s powerful integrated calculator.

As you can see from the screenshot below, in Simple Mode, the calculator works in a similar way as our Easy Money Calculator.

You just need to set the relevant variables such as your stake, what type of bet it is and your commission rate. The relevant odds are automatically inserted into the calculator by the software but you can change them if necessary.

Your lay stake is then calculated and displayed automatically together with your overall position should the back bet ultimately win or lose.


The Simple Mode will be sufficient for most users but the software also has an Advanced Mode that some experienced users will find useful. More details about this feature can be found in the Help section of our website.

The Odds Tracker software is very easy to use and will certainly help you maximise the amount of easy money you make from Matched Betting. And it will also be an invaluable tool when you are ready to progress to other extremely lucrative forms of betting such as Arbitrage Betting and Trading!

To fully appreciate just how powerful this software is you really do need to experience it first hand. It will cost you the equivalent of just 33p a day! Full details can be found on our website…

www.comparethebettingmarkets.com/oddstracker.php

http://www.comparethebettingmarkets.com/oddstracker.php


Final Thoughts

The method described in this guide is a sure fire winner and anyone using it is absolutely certain to make money with no risks involved whatsoever!

However, something else that is equally certain is the vast majority of people who have obtained a free copy of this guide will not make a single penny!

Now that’s not because there is any sort of fault with the method. Far from it! The method works! Pure and simple! But it will only make money for anyone who actually uses it. And that’s the problem.

You see, most people won’t even bother to read the entire guide let alone follow the instructions and put the method into practice. And out of the small minority that do actually read it, only a tiny percentage will go on to place even one bet. The rest will make some excuse as to why they can’t do it.

Hopefully the above doesn’t apply to you and you are one of the very few people who have read the guide from start to finish and, more importantly, are actually going to use the method. If so, congratulations! You are about to make yourself a lot of easy money from Matched Betting! And once you have done that, we will show you how to make even more money using our other tried and tested methods and strategies.

Although this guide is very comprehensive, there may still be one or two aspects you’re not too clear about. If so just check out the Help section of our website or contact me personally and I will answer any queries you may have.

Enjoy making lots of easy money!

Kind regards,

Dave

mailto:[email protected]

how to make easy money - compare the betting markets.pdfhow to make easy money! the ultimate guide...

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