Convert Your Bonus Into Cash

Convert Your Bonus Into Cash

Creating A Sure Bet from Your Bookmaker Bonus

After you successfully open an account with the bookmaker of your choice, you then make the first deposit and receive the bonuses. Now you are required to take the following steps before you place your Free bets

Step 1: Open an account with a genuine betting exchange

Why should you open an account with a betting exchange?

With a proper betting exchange, you can act in the role of a bookmaker. You can handle your account without needing anyone else. Not only does it allow you to place bets yourself, but also you can lay bets.

Step 2. Placing a bet with your bookmaker

Now let’s place a bet with your bookmaker. In theory, it does not matter which sport you choose, but you should always place a bet on a major football league such as a Premier League. Why? Let’s see that in step 3.

Step 3: Make an exact opposite bet with your betting exchange

Now that we need to place a bet on Matchbook that is completely the opposite of the bet we placed with your bookmaker. For example, if you bet with a bookmaker on say Southampton to win an upcoming Premier League tournament, with your Matchbook account you will now be betting against Southampton. This is called lay betting, whereby you make a bet with some customer, just like a bookmaker would do.

The reason why you should place a bet on a major sporting event or league such as the Premier League is that you can pretty much be guaranteed the ability to lay your bet on the betting exchange of our choice. Like in this example, if you choose an obscure league or tournament, you may not find someone willing to take your lay bet on the betting exchange, or even worse, the particular league or tournament may not even have markets listed on the exchange at all.

 

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