Betfred Offer – Chelmsford Bet 3 Get 1 Free

There’s a big evening of horse racing at Chelmsford tonight and you don’t want to miss this Betfred offer! Simply place a bet on 3 or more separate races from Chelmsford and Betfred will give us a free bet to our average stake, up to £10.00. Translated into matched betting terms, this gives us a guaranteed profit of £6.80 and here’s how…

Qualifying Bets:

If you’re unfamiliar with qualifying bets, please see my Qualifying Bet Strategy for a walk-through guide on how they should be done.

Qualifying bets must be placed at minimum odds of 2.00 (evens) or greater, to be eligible. To qualify for the maximum £10.00 free bet, we must place bets totalling £30.00 across 3 separate races from Chelmsford this evening (Thursday 15th December 2016)…

Racecourse Race Times
Chelmsford 16:40     17:15     17:50     18:25     19:00     19:30     20:00

I like to place my exchange lay bets with Smarkets as they have great liquidity, the site is really easy to use and they only charge 2% commission in comparison to the 5% charged by other betting exchanges.

We can calculate our lay stakes using the matched betting calculator.

Betfred LogoAim to lose no more than £0.40 on each of our 3 qualifying bets

So, we will lose approximately £1.20 in qualifying for our £10.00 free bet.

Free Bet:

Our £10.00 free bet will be credited by 11:00 on Friday 16th December 2016 and will be valid until 09:00 on Saturday 17th December 2016.

By using straightforward matched betting, we should be able to extract 80% of our £10.00 free bet as cash, so around £8.00. If we take into consideration our total qualifying loss of £1.20, this gives us a guaranteed profit of £6.80 on this Betfred offer.

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Matt Kirman - Matched Betting Blogger

Matt KirmanMatched Betting Blogger

Since 2014, I’ve blogged over £70,000 worth of profit, and made it my mission to make matched betting accessible to everyone.