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Risk Free Virtual Bets

Bookmakers are ALWAYS looking for new ways to give customers the opportunity to bet because the more you bet,
the more you lose (unless you’re an Oddsmonkey Member of course!).

‘Virtual Sports’ are events which are not real – they’re virtual. They’re a computer simulation of real life events. As a
customer, you can bet on the outcome of a Virtual Sport such as the outcome of a Virtual Horse Race, Virtual
Greyhound Race, Virtual Speedway Race and Virtual Motor Races.

The attractiveness of Virtual Sports to some bettors is that they’re partly a game of skill because you can study
form to make informed decisions about which contender will win – but just like in real life, luck plays a huge part.
Virtual sports cannot be  LAYED  at Betfair.

How to pro t from Virtual Sports

There are bookmakers that run regular o ers on Virtual Sports and it’s possible to use these o ers to generate
healthy value and pro t out of them.

The most popular Virtual Sports o er is the Risk Free Virtual Bet. If your Virtual Bet loses, you’ll receive a free bet
up to a speci c value to use on another virtual event

Risk-Free Virtual Bet O ers

One of the most popular o ers is bet £5 on a virtual event and get a £5 free virtual bet. While this may look like
gambling at rst, as the bets can not be LAYED  the advantage is actually in our favour.

EXAMPLE

Consider we bet £5 on a virtual event with odds of 2.0. 50% of the time we will win and 50% 0f the time we will lose.
This will trigger our free £5 bet. We will bet on an event with odds of 2.0 again. The odds imply again that we will
win 50% of the time and lose the free bet 50% of the time.

The possible outcomes and pro t are:

WW- pro t £10

WL- pro t £5
LW- pro t £0
LL- pro t -£5

The table shows us that there is only 1 outcome out of the 4 where we would lose money.

This technique is known as ADVANTAGE PLAY as there is no way of LAYING the bets but the advantage is in our
favour.
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 Updated 04/11/2019 15:52:34   by Steve Oddsmonkey

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