How to extract bookmaker sign-up bonuses risk free

[JohnM]

By signing up at a bookmakers with a free bet offer, it is possible to extract the free bet (or up to 90% of it) risk free by doing something called matched betting, which is essentially backing something to win at the bookmakers, and then laying (backing against) that same outcome at Betfair.

Check out http://wwx.freebetforum.co.uk for a more in depth explanation.

It does require a modicum of common sense and should be read through a couple of times to grasp it.