HerpDerpSlerp
Power Member
- Mar 19, 2013
- 777
- 629
After reading the guide, I've got to understand how this method work. Would like to summarize for newbies here:
1) You place a bet.
2) You back your bet with another bet. So, if the first bet wins, you lose your backed bet and vice versa. You will lose 5% on commission money here.
3) You take home the free bet money (which is the prize betting house give you when you open a new account).
4) Sometimes you will win the money on your bet
I see this is not a very long term method because you can't sign up for new accounts forever and you will have to look for offers all the times but it looks like there is minimal risk if you do not gamble your free bet money
Some betting companies, (most betting companies) require you to go through minimum placed bets/gambled money before they even pay you out, then you need to pass a certain threshold of winnings before cashing it out, op please stop contaminating bhw with your filth.
I have a close friend of mine who is doing this on a big scale.
However, this method is not for noobs. If your starting capital is $20-100 or something, it will take you years before you hit some significant amount. Also if you work on a CPA model with sports affiliates, you are usually rewarded with $30-150 per depositing player. Nice OP!
Anyway, my friend who I mentioned is betting very big amounts to make small margins. However, his bankroll to play with is a nasty 5 figure amount, so he is able to make a good profit, taking into account that most of the time his winnings are 5-10% of his bet.
Also do not forget that many casinos have restrictions for you. You can't withdrawal the money if you have got a bonus yourself, you will need to use these money to bet again and again and again...
No offense, but people like OP is what is ruining this forum down.
well I doubt if it will work for "rest of the world"! Anyways good efforts!