So what happens if the bet at bookmaker B wins? Then we’re stuck with all the money at bookmaker B and can’t withdraw it, due to the wagering requirement. What we basically need to do is redeposit bookmaker A with enough money to cover bookmaker B and then repeat the process – hoping that the bet at bookmaker B will lose this time.
One of the worst things that can happen is if your bet at bookmaker B keeps winning. If this happens, you’ll need to keep redepositing to bookmaker A and repeat the process until the wagering requirement at bookmaker B is met. This will take a large capital, which is why you need a large capital to be able to make this a profitable bet.
Note: You need a large capital for this method to be a guaranteed profit.
Let’s take a look at an example.
We deposit $100 to bookmaker B and receive a bonus of %100, which means our capital at bookmaker B is $200. Let’s say that the wagering requirement at bookmaker B is 10 times the bonus, it would then be 10 * $200 = $2000. We’ll need to be able to wager a total of $2000 before we even place our first bet, to make certain it will be profitable.
So far we’ve got:
Bookmaker B: $200.
Wagering Requirement: $2000.
Now we deposit bookmaker A with $500 and don’t ask for the bonus. We find a tennis match to place our bet on. Let’s take the same match as above, with odds of:
Player A: 1.40.
Player B: 2.75.
Note: These odds are at two different bookmakers, meaning that we’ll place one bet at bookmaker A on player A and another bet at bookmaker B on player B.
So far we’ve got:
Bookmaker A: $500.
Bookmaker B: $200.
Wagering Requirement: $2000.
Player A: 1.40.
Player B: 2.75.
We place the $200 at bookmaker B on player B. We then need to place ($200 * 2.75 = $550 | $550 / 1.40 = $392,86. We round it down to $390 to avoid suspicion) $390 on player A at bookmaker A. The math is explained above.
Since we’re now talking about the worst case scenario, the bet at bookmaker B would win. We’d then have:
Bookmaker A: $110 ($500 – $390).
Bookmaker B: $550.
Wagering Requirement: $1800 ($2000 – $200).
We’ve now got our money stuck at bookmaker B, and need to repeat the process (see what I mean about needing a big capital?). We find another match to bet on. To make things simpler to explain, I’ll use the same odds as above.
We place our entire capital of $550 at bookmaker B on player B (the underdog). We then place ($550 * 2.75 = $1512.5 | $1512.5 / 1.40 = $1080,35. We round that down to $1080.) $1080 on player A at bookmaker A. Again, the calculations are explained above. As we’ve already got $110 in our bookmaker A account, we only need to deposit $1080 – $110 = $970.
As we’re still talking worst case scenario, the bet at bookmaker B would win. We’d then have:
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