Betfred Offer – US Open 2016

August 31, 2016 / Tennis / 29 Comments

Kick-off time (GMT): 29/08/2016 : 16:00

Guaranteed profit
£14.00+

The US Open 2016 is in full swing and Betfred are getting in on the action!. Simply place an in play bet on 3 or more US Open matches on the same day of play and Betfred will give us a free bet equal to our average stake (up to £25.00) to use on the following day’s matches. Translated into matched betting terms, this gives us a guaranteed daily profit of £14.00 and here’s how…

Qualifying Bets:

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

To qualify, we must place an in play bet, at odds of 1.50 (1/2) or greater, on 3 or more US Open tennis matches being played on the same day of play.

It’s entirely up to you who you place your qualifying bets on.

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 Logo

Aim to lose no more than £2.00 on each of our 3 qualifying bets

So we will lose approximately £6.00 in qualifying for each £25.00 free bet.

Free Bets:

Our free bets will be credited by 15:00 the following day and will be valid until 10:00 the day after that.

By using straightforward matched betting, we should be able to extract 80% of each £25.00 free bet as cash, so around £20.00. If we take into consideration our daily qualifying loss of £6.00, this gives us a guaranteed daily profit of £14.00!

The offer started on Day 3 (Wednesday 31st August 2016). It’s unknown at the moment how many days this offer will run for, so I will update the profit figure once the offer has ended.

* This offer ran for Days 3 and 4 of the tournament, meaning I made an overall profit of £28.00 on this Betfred offer. *

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29 Comments

  1. biscuit1966

    biscuit1966

    August 31, 2016
    / Reply

    Does it have to be 3 different matches?

    • Matt

      Matt

      August 31, 2016
      / Reply

      Yes it does mate.

  2. Martin

    August 31, 2016
    / Reply

    The offers always get added so late I always end up missing out on them..

    • Matt

      Matt

      August 31, 2016
      / Reply

      This one was added in plenty of time prior to the start of today's play. Don't forget it's available on the entire day's play.

  3. Noah redmond

    August 31, 2016
    / Reply

    Hey Matt, how come you aren't doing the betfair offer that was on at Wimbledon.
    I.e lose the first set but wins goes onto get double odds in free bets?

    • Matt

      Matt

      August 31, 2016
      / Reply

      I'll have a look at that and get it posted Noah.

  4. biscuit1966

    biscuit1966

    August 31, 2016
    / Reply

    So nerve racking doing in play bets on tennis! Anyway,all 3 done and think i'm in profit! Will work it out when they have all finished lol

  5. A France

    August 31, 2016
    / Reply

    Had a disaster on this. The lay markets move drastically even when players have short break between ends. Lost about £30 between placing the bet and the lay across 3 bets. Will recoup some of the loss on the free bet (hopefully) but feeling a bit battered. Will give this a miss in future.

  6. biscuit1966

    biscuit1966

    August 31, 2016
    / Reply

    Result! £3.75 up from the 3 £25 bets,had a bit of luck with one of the lays on Smarkets- made about £3 something.Free bet to come tomorrow (hopefully lol)

  7. muddyunderfoot

    August 31, 2016
    / Reply

    Qualifying loss £2.95 :-)

  8. Rick

    September 1, 2016
    / Reply

    I'm weary about doing these every day. Surely it's gub territory no?

    • Matt

      Matt

      September 1, 2016
      / Reply

      It depends how often you use your account Rick. It’s important that you mug bet regularly and mix things up as much as possible.

      • Rick

        September 1, 2016
        / Reply

        How regularly would you say?

        • Matt

          Matt

          September 2, 2016
          / Reply

          Unfortunately, there is no concrete formula Rick.

  9. ROD

    September 1, 2016
    / Reply

    Is the offer on again today?

    • NewToThis

      September 1, 2016
      / Reply

      Yes it is.

  10. Dave

    September 1, 2016
    / Reply

    Anyone got their free bet from this promotion yet?

  11. giveitago

    September 1, 2016
    / Reply

    Are doubles matches allowed as there is no mention that they have to be singles matches?

    • NewToThis

      September 1, 2016
      / Reply

      9. Offer applies to singles only.

      Mind you, that could be referring to single bets rather than single matches. I'd stick to single matches to be on the safe side.

      • giveitago

        September 1, 2016
        / Reply

        I interpreted that as single bets rather than singles matches. Anyway, had my free bet despite placing my qualifying bets on 3 doubles matches as the odds I found were good. May stick to singles tho if I do another one of these

  12. Dan

    September 1, 2016
    / Reply

    Anyone got their free bet credited yet?

  13. Deep

    September 1, 2016
    / Reply

    Do the free bets news to be used in play ? Or can do before match starts?
    Also do we have to use on tennis ?

    • Hugo

      September 1, 2016
      / Reply

      I wanted to know this. I just went on the chat and she said any sport before Saturday and it doesn't mention having to use it on the tennis in the terms. Anyone else know a definite answer to this?

      • A France

        September 1, 2016
        / Reply

        I used my free bet on a horse. So happy days.

  14. Hugo

    September 1, 2016
    / Reply

    I just had a second operator confirm that it's any market for the free bet so I see no reason you can't be making about £20 plus from this offer each day. I mixing it up with some mug bets on the pre match as you can find some tight enough back to lays. I got lucky yesterday on some freaky odds on the Raonic-Harrison match. During the 3rd set the odds on Betfred for Harrison were 2.5 and the lay on smarkets was 1.67!! I was wary because I din't know retirement rules so didn't put a large amount on but read that the Betfred terms are the same so I could've made a lot more. Anyway still made £25 profit to qualify for a free £25 bet. Nice!

  15. Doz

    Doz

    September 1, 2016
    / Reply

    No sign of free bet

  16. jkarim97

    September 1, 2016
    / Reply

    I decided to take advantage of the rain delay on some "in play" games. There is no mention of rain delay's affecting the in play aspect of the game in the T&Cs, so I took the risk, and not having to deal with varying in play odds. Made a decent QL loss of 3.75 without much hassle.

  17. richard

    September 2, 2016
    / Reply

    Hi Matt
    Please see below as i thought i would share.

    Just had confirmation on LC that as long as the bets are placed through the in play section of the site than the bets will count towards the offer regardless of rain delays. Good opportunity to utilise static odds

    Rich

    • Matt

      Matt

      September 2, 2016
      / Reply

      Thanks for letting us know Richard.


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