By Donal Faulkner. Dated 17/08/08

Using this method punters can double their money, Risk FREE! First you open an account with Betfred and Boylesport (or any other two sportsbooks offering free bets, see here for others), then deposit the same amount in each account (keep the amount within the matched free bets). You then need to find an event where there can only be two outcomes i.e a tennis match, boxing, etc. The two outcomes should be as close to evens (or above) for the greatest profit. You then place the money deposited in one account on one outcome, and money deposited in the other account on another. Once this event is over - you will have the same money as you started (or thereabouts depending on how good your odds where).

You then repeat this process, this time using your free bets! This is where your profit is made.

Make sure your inital deposit is put on an event that is greater than evens (you might not qualify for the free bet if you bet on something less than evens)

Here is an example to hopefully help explain the theory;

Initial deposit = £50 (total outlay £100)

England v South Africa, Twenty20

Account 1; England 2.21 x £50 = £110.50 (£10.50 win)

Account 2; South Africa 1.81 x £50 = £90.50 (£9.50 loss)

Then using your free bets = £50

Sri Lanka v India, ODI series

Account 1; India; 2.38 x £50 = £119 minus £50 free bet stake = £69

Account 2; Sri Lanka; 1.71 x£50 = £85.50 minus £50 free bet stake = £35.50

Maximum winnings (if both account 1 bets win) = £79.50

Minimum winnings (if both account 2 bets win)= £26

*profits vary with the odds you get. This is just an example of the theory.

Hope you found this article helpful, if you have any questions, I will be happen to answer them on the sites forum! Good Luck, not that you need it using this method!!