guide,matched,betting,part,thr entertainment A guide to matched betting - part three
Music is a vast sea and there are lots of singers in the world who earn so much fame because of their singing, voice and style and Rob Thomas is one of them. He is one of the best singers whose songs become very popular and he has great fan Know your event objective. If the aim of the event is to educate people then the entertainment is not the key element of the event. You would do better to use some light form of entertainment during the break to help attendees unwind and rel
Stages of matchedbetting1. Qualifying bet: Thisis the first stage, usually bookmakers require you to bet with your own moneyfirst to unlock a free bet. So you want to find odds to back and lay, that willresult in breaking even.2. Unlocked Free bet:The second stage of is after you have unlocked your free bet by completinga qualifying bet. You need to findanother matched betting opportunity, you want to find odds that will allow youto back and lay an outcome resulting in a profit. There are three types of freebet that you need to consider: stake returned, stake not returned and wagerrequirement and each type of free bet needs slightly different calculations. The process ofmatched bettingThe matched betting process stays the same, however depending on what stageyou are, calculations will vary.1. Search for an opportunity to mathematically back and laysimultaneously. This means the odds to both back and lay are suitable. Use amatched betting calculator to help you.2. Place your back bet3. Place your lay bet4. If carried out correctly you should have rendered the outcome neutral,either breaking even or making a profit. Example of theprocess of matched betting (qualifying bet)In this example I will assume we are in the qualifying bet stage of matchedbetting.1. Ive found a matched betting opportunity: the back odds are 3 and thelay odds are 2.9 (note the odds are expressed in decimal format). I will use amatched betting calculator to figure out how much I need to bet.2. The free bet I am targeting is £10 so this means my stakeis £10. I place a back bet of £10 on odds of 3 (decimal). If I win I receive£20 profit (£10 stake multiplied by odds of 3 minus £10 stake = £20), if I loseI will lose £10.3. After putting in the numbers into the matched bettingcalculator, I need to lay stake £10.53 on odds of 2.9 on the same outcome. If Iwin I receive £10 (£10.53 minus 5% commission), if I lose I will lose £20. 4. I have broken even:If the back bet wins, I receive £20 profit but lose £20 at the exchange =break-evenIf the lay bet wins, I receive £10 profit but lose £10 at the bookmaker =break-evenPlease continue to the fourth and final article in mymatched betting guide. This can be achieved by viewing my author bio.
guide,matched,betting,part,thr