29-02-2016, 06:18 AM
(28-02-2016, 09:15 AM)Dum-Dum Wrote:(28-02-2016, 09:06 AM)RetroPug Wrote: Just google it if you want to know what it is.
A very quick summary:
You get free bets from most online betting sites, you can't withdraw this money you have to use it to gamble.
You place a bet on a sport with this free bet.
You then place a bet on a different betting site betting for the opposite of this ie. one bet for Team A to win, one bet on another site for Team A to lose.
You will lose one of the two free bets, but no worries, they were both free.
You will win one of the two free bets, this allows you to withdraw the money as it is now betting winnings.
It is basically a method of converting 50ish percent of the free bets that gambling sites offer into actual money in your bank account without just trying to gamble with it and potentially either winning or losing.
So essentially it's borderline fraud.
Might want to go look up the definition of fraud before you throw that at anyone while in uniform bud.
