10Bet – 100% Deposit Bonus up to £15.00 – XMAS15

Just enough time left to take a look at 10Bet’s monthly offer for December. Simply enter bonus code ‘XMAS15’ when making a £15.00 deposit and once we have played through our deposit at minimum odds of 2.0, we will receive a reload bonus of £15.00. Translated into matched betting terms, this gives us a potential profit of around £9.00! And here’s how…

The only snag to this offer is the rollover requirement of 8 times our deposit and bonus, which amounts to £240.00.  This means that if our initial bet wins, we will have to keep betting through our balance in order to meet the rather hefty rollover requirement.

Step 1:

To claim our reload bonus, we need our initial bet to lose.  The best strategy is to select an event with long odds which is therefore less likely to win.  With this in mind, I’ve decided to place my bet on the Chelsea vs Liverpool game being drawn 2-2.

Step 2:

Let’s have a look at our current potential profit/loss for the two outcomes…

Step 3:

If the game finishes 2-2, we will still get our £15.00 reload bonus but we will need to continue placing bets in order to meet the £240.00 rollover requirement and it is therefore likely that we will just about break even and not make a profit on this offer.

In the more likely event that the game doesn’t finish 2-2, we will have incurred a small loss of £3.00 in order to claim our £15.00 reload bonus.  By following the same steps above and provided we select another losing bet, we should only lose another £3.00 approximately, giving us a total profit of £9.00 (£15.00 – £3.00 – £3.00) from this offer.