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Betsafe Deposit £10 earn £20 bonus

  • Hi everyone

    Doing match betting for the first time and I came a cross something I can’t understand. To some of you it might be a silly question but I want to reassure myself.

    After marching my £10 bet and receiving my £20 bonus I instantly bet the £20 on another game where I matched it on Smarkets. After the game has concluded I have won on Betsafe earning me £80.

    The current balance of £80 is still only available as a bonus and is not possible to withdraw it. I’ve read the terms and condition and it only mentions how to receive the £20 bonus for new customers.

    So my query is.. Do I have to match bet that £80 again and then no matter the outcome I can withdraw it potentially with an extra profit?

    I hope this makes to you all, maybe few of you been/is in this dilemma haha I appreciate any help. Peace

    +0
    gacenty95
    0
    February 7, 2017 at 10:04 am

  • New to matched betting?

    My Matched Betting Academy is the best place to get started. Learning the fundamentals takes 10-15 minutes and you’ll make £15 in the process.

    Learning the fundamentals takes 10-15 minutes and you’ll make £15 in the process.

    sleepless 8 February 7, 2017 at 10:25 am

    It’s a 1X rollover.
    Just get low QL on something < 4 and bet . You’need £320 in exchange to cover liability. Use Matt’s calculator as a normal bet. That’s how I did it.
    Check min. odds and time limit to bet

    +0
    gacenty95 0 February 7, 2017 at 11:14 am

    Thanks for the quick reaponse.
    So to put it into an example what if I did this.
    Back bet of £80 with odds 1.5
    Lay bet of £81.08 with odds 1.5
    And the outcome will profit me with £79.46? So I basically lose a very small procentage but I earn the £80 from the bonus?
    You mentioned £320 liability why is your number so much higher?

    +0
    sleepless 8 February 7, 2017 at 11:33 am

    Seems right. Liability was based on odds of 4. Your profit will be £20 less QL’s
    Is min odds 1.5?.

    +0
    gacenty95 0 February 7, 2017 at 3:07 pm

    Yes that’s what I’ve been informed in the live chat. Thanks for the help sleepless

    +0
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