The domestic football season continues this weekend and you don’t want to miss this Betfred offer! Simply place an in play bet (at odds of 1/2 or greater) on 3 or more Premier League or EFL games today and Betfred will give you a free bet to your average stake (up to £25.00) to use on Sunday’s fixtures. Translated into matched betting terms, this gives us a guaranteed profit of £14.00 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.
To qualify for the £25.00 free bet, we must place a £25.00 in play bet, at minimum odds of 1.50 (1/2) or greater, on 3 or more Premier League or EFL games being played today (Saturday 20th August 2016).
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.
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 our £25.00 free bet.
Free Bet:
Our £25.00 free bet will be credited within 24 hours of our qualifying bets being settled and will be valid until 09:00 on Monday 22nd August 2016.
By using straightforward matched betting, we should be able to extract 80% of our £25.00 free bet as cash, so around £20.00. If we take into consideration our qualifying loss of £6.00, this gives us a guaranteed profit of £14.00 on this Betfred offer!
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Matt Kirman – Matched Betting Blogger
Since 2014, I’ve blogged over £100,000 worth of profit, and made it my mission to make matched betting accessible to everyone.