What we will do here is by taking the advantage of the ‘special inducements’ that British and some other foreign bookmakers give that make it possible for you to join them online. But, first, don’t let those terms put you off, actually you don’t even need to understand anything about bookmakers, and we will not need staking and risking any amount of our hard earned money.

The bookmakers usually offer you a ‘Free Bet’ to join up with them; naturally they hope that after your free bet you will bet (and lose) lots more with them, they are very clever in enticing you to bet. However, we are very clever too, as we are going to take their offers and turn them into real money in the bank, easily and quickly.

We are able to do this by using the recent rise of ‘betting exchanges’ specifically ‘Betfair’.

Don’t worry if you aren’t familiar with the ways of betting exchanges there is a video sequence that takes you through the concept every step of the way.

The way it works is that in a betting exchange you are not betting with a bookmaker but betting against other punters so you can choose to back a horse to win in the normal way or you can stake it to lose, so you have every other horse in the race running for you.

It seems complicated but it really is very easy. And Betfair will give you free money to try them as well.

This is how we make our free money.

All the bookmakers listed from the link below are offering free bets as lures to sign up with them, some as little as 10 some as big as 200 and I am going to describe to you how to take that money and put it straight into your own very ‘real’ bank account.

The process is very simple but for now I suggest you move over to the video tutorials and learn all about it, totally free of charge, naturally.

This series of four free video lessons will take you to a new level in your investments, not only will they guide you to get a betting bank together in a matter of just a few days and totally without risk or cost, but they are going to show you how to place bets that will never ever lose and not risk one cent of your money.

You will be taken step by step in real time through the process, totally free of charge, you can even stop the videos whilst you follow out the method in real time.

This is not some gimmick or false promise but is based on real mathematical calculations that are not too difficult to understand. Instead of getting out a calculator or going to a website that can instantly calculate an early mortgage payoff, we can take a hypothetical house and mortgage and work with that information. This statement can be backed up by math principles and is not a scam. Instead, it is something that you can understand quite easily. Without visiting a website that will quickly calculate an early mortgage payoff, it is possible, as an example, to work with some theoretical numbers that represent the home mortgage.

For example, we can start with a $200,000 house that has a 30 year fixed rate mortgage at 7%. When that house is paid off after 30 years, the actual cost of the mortgage is $479,000. This figure was derived from a simple loan amortization calculator. That is a significant amount of money! Now let’s see how we can reduce that amount.

We can use a standard 30 year fixed rate mortgage for a $200,000 house with a 7% interest rate. When the term of the loan has been paid, 30 years later, the total cost of the mortgage is $479,000. This number was obtained by using an amortization loan calculator. Let’s see how we can lower that number since it is so large.

Our formula then would look as follows: $200.000 ‘f7 360 = $555.56. $555.56 is the portion of the monthly mortgage that is the average principle pay out over the length of the mortgage loan. I bet you’re thinking that you could cut your mortgage from 30 years to 15 years if only you were to pay that additional $555.56 on a monthly basis.

Not many people have that kind of money. The point is that if you were to pay a small amount extra per month you could cut a dramatic number of years off your total mortgage. We’ve already determined that an extra $555.56 per month will cut your mortgage by 16 years and 2 months.

Few individuals can pay that amount of money. However, you could dramatically cut the number of years off your mortgage by paying a small additional monthly payment. We have established that you can decrease your mortgage by 16 years and 2 months paying an extra $555.56 monthly. Would you believe that you could pay off your mortgage in 22 years & 8 months by simply paying one quarter of $555.56, which comes out to $138.89 monthly? Essentially, this payment schedule is cutting more than 7 years off the 30 year mortgage term!

For an added mortgage payment of less than $140 per month, that’s not bad. Paying off your mortgage early is the point of this exercise and it’s just a means to get you thinking how adding a little extra money monthly helps. Hopefully, you now understand that an early mortgage payoff can be achieved rather easily.