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How To Make Money From Home During The Soccer World Cup

THERE’s more to online sports betting than putting your money at risk by placing a bet on a particular outcome in a sports match. Every year thousands of smart punters make themselves a tidy sum by using bet matching to cash free bets offered by bookmakers.

With the 2010 Football World Cup approaching fast, there will be numerous opportunities to turn your free bets into cash in the World Cup betting markets.

Here’s how to do it:

1. Open an account at a betting exchange

Visit a betting exchange like Betfair or WBX and open an account. This is an essential first step, as you’ll need to place lay bets (bets against a result) to cash your free bets. Deposit 4x the value of the first free bet you want to cash.

2. Open an account at a bookmaker

All top bookmakers in the United Kingdom, Ireland, the United States and Europe offer free bets to new account holders. Visit a trusted betting brand like Paddy Power, Bet365, Ladbrokes, William Hill or Bodog and open an account. Now make a deposit equal to the value of the bookmaker’s free World Cup bet offer.

3. Find a match

Next you will need to find a match where both the betting exchange and the bookmaker offer similar odds an underdog in a World Cup match. This is the hardest part of the process as the exchange will usually offer higher odds than the bookie, and you need these odds to be a close as possible.

4. Place your bets

When you have found a match where the exchange and bookie offer similar odds on the underdog, place your bet on the underdog at the bookmaker. Then lay (or bet against) the underdog at the exchange. To place your lay bet, enter a stake equal to the one you placed at the bookie in the lay betting slip.

5. Watch the match

Settle back and watch the World Cup match you bet on. Whatever the result, you’ll break even as a winning lay bet will cover your bet at the bookie while a winning bet at the bookie will cover your lay bet at the exchange. Once the match ends the bookie will pay out your free bet.

6. Repeat Steps 3-5

Now that you have a free bet in your hands you don’t want to squander it. This makes step 6 the most important step. To cash your free bet you need to repeat Step 3, Step 4 and Step 5, using your free bet instead of money to place a bet at your bookie.

The most important thing to remember in the final stage is that you want to lose the bet you place with your free bet at the bookie, and should therefore place this World Cup bet on an underdog. Losing the free bet means that you win cash at the betting exchange, effectively converting your free bet into cash without risk!

Conclusion

World Cup betting will offer the perfect opportunity to cash free bets at leading bookmakers. Not only will top bookmakers put up lucrative free World Cup bet offers for new customers, but you’ll also have access to dozens of football match betting opportunities throughout the tournament.