This is easier than matched betting.
You just open 2 spread betting accounts ( sporting index and igsports)
To get either £300 in bets or £100 cash from sporting index you need to place 5 bets with a £20 liability on each to qualify.
The easy bit is, you buy (or sell) at sporting index and do the opposite on igsports. You should be able to do this with no loss whatsoever as their quoted prices are very similar and no comm to pay either,
Oh yes, igsports offer 2 x £100 free bets too with the same qualifiers!
Possible £500 profit here!
You DO need a decent wedge in both accounts to allow for 'margin'
Bill
Spread Betting - risk free
Forum rules
People who post here offer their time and advice for free. Please reciprocate and help others if you have knowledge that may assist anyone to gain free easy money. Please be tolerant and respectful.
People who post here offer their time and advice for free. Please reciprocate and help others if you have knowledge that may assist anyone to gain free easy money. Please be tolerant and respectful.
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Spread Betting - risk free
by geminitrading » Mon Feb 02, 2009 8:13 pm
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Re: Spread Betting - risk free
by RIT » Mon Feb 02, 2009 8:45 pm
It is not possible to get £500 profit from £500 worth of freebets. 
WHERE DOES IT ALL GO ? 
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Re: Spread Betting - risk free
by geminitrading » Mon Feb 02, 2009 9:00 pm
It is possible with a little bit of patience.
This isn't matched betting with odds differences and commissions.
It's perfectly possible to get EXACTLY the same price on the other exchange. ie buy @10 on sportingindex - sell @10 on igsports.
Have you actually done this on spread betting sites RIT?
Bill
This isn't matched betting with odds differences and commissions.
It's perfectly possible to get EXACTLY the same price on the other exchange. ie buy @10 on sportingindex - sell @10 on igsports.
Have you actually done this on spread betting sites RIT?
Bill
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Re: Spread Betting - risk free
by RIT » Mon Feb 02, 2009 9:14 pm
Yes I have done it but it is impossible to get £500 profit from £500 free bets.
You will make between £250-£300 profit.
It is possible to do the qualifying bets for no loss as you say at 2 different sites but you can`t cash out all the free bet for profit.
This is shown by the fact they offer you £100 cash or £200 free bet. If it were possible to to cash out £200 nobody would choose the cash would they?
You will make between £250-£300 profit.
It is possible to do the qualifying bets for no loss as you say at 2 different sites but you can`t cash out all the free bet for profit.
This is shown by the fact they offer you £100 cash or £200 free bet. If it were possible to to cash out £200 nobody would choose the cash would they?
WHERE DOES IT ALL GO ?
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Re: Spread Betting - risk free
by geminitrading » Mon Feb 02, 2009 9:25 pm
I'm not going to argue with you about this, as you seem to know it all.
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Re: Spread Betting - risk free
by RIT » Mon Feb 02, 2009 9:33 pm
Yes I`m afraid I do. 
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Re: Spread Betting - risk free
by 0james0 » Mon Feb 02, 2009 9:59 pm
Ignore RIT. 
Sounds like you know what your doing and it seems simple enough. Even if you can't match it, it's exactly like MB'ing. Buy, sell. Back, lay.
I've still not done them as I keep putting it off as I can't be assed to learn to do it.
Will have a look though.
What sort of wedge to cover it? Don't want to go in not fully armed!
Sounds like you know what your doing and it seems simple enough. Even if you can't match it, it's exactly like MB'ing. Buy, sell. Back, lay.
I've still not done them as I keep putting it off as I can't be assed to learn to do it.
Will have a look though.
What sort of wedge to cover it? Don't want to go in not fully armed!
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Re: Spread Betting - risk free
by RIT » Mon Feb 02, 2009 10:38 pm
What do you mean ignore me ?
I have already completed these offers.
You can`t get £500 profit out of £500 free bets because they are SNR.
I have already completed these offers.
You can`t get £500 profit out of £500 free bets because they are SNR.
WHERE DOES IT ALL GO ?
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Re: Spread Betting - risk free
by 0james0 » Tue Feb 03, 2009 1:44 am
I was only joking!
Just wanted to hear what he had to say on it.
Just wanted to hear what he had to say on it.
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Re: Spread Betting - risk free
by geminitrading » Tue Feb 03, 2009 11:02 am
0james0 wrote:I was only joking!
Just wanted to hear what he had to say on it.
Nothing - ask RIT, he knows it all
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11 posts
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