Betsafe Offer – 2016 Australian Open

The first Grand Slam of the year is underway and Betsafe are giving away free bets to celebrate. Simply bet a minimum of £10.00 pre-match on any 2016 Australian Open game and Betsafe will give us a £5.00 free bet to be used in play on the same day’s games. Translated into matched betting terms, this gives us a guaranteed profit of £37.80 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.

Our £10.00 qualifying bets must be placed pre-match at odds of 1.50 (1/2) or above to be eligible.

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.

Free Bets:

To claim our free bets, we must tick the box where it says ‘£5 Free Bet’ on our bet slips. Each £5.00 free bet will be available to be placed in play on any match of the 2016 Australian Open tournament.

If our free bet wins, our net winnings will need to be wagered once at odds of 1.50 (1/2) or above before we are able to withdraw. The rollover must be met within 7 days of the free bet being credited, otherwise they will be forfeited.

By using straightforward matched betting, we should be able to extract at least 70% of any £5.00 free bets we receive, so approximately £3.50. If we take into consideration our total daily qualifying loss of £0.80, we should make a guaranteed daily profit of £2.70. Given that the tournament runs for 14 days, this gives us a guaranteed overall profit of £37.80!