Spread betting sign up offers
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Just wondering if anyone has done any of these and could share advice/tips?
For example, spreadex are doing a sign up offer whereby if you have £500 of stakes wagered you qualify for a free iPad Air 32gb (these are selling for ~£500). Others are doing £100 cash back once you stake a certain amount.
Taking the first game I saw as an example – total goals in the Barcelona game you could sell at one site for 3.6, and buy at another for 3.8. £50 per goal means a £10 qual loss no matter the result (50 x 0.2). Doing this 10 times means £100 loss, then you qualify for £100 cash back and an iPad.
Am I missing something obvious here? Seems like a good offer outside of the traditional bookmaker market that could be exploited
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