What better way to start 2016, than with the return of this Betfred offer! Simply place an in play bet on 3 or more football matches at minimum odds of 1.50 (1/2) or above and Betfred will give us a free bet to our average stake up to a maximum of £25.00, to be used on tomorrow’s football. Translated into matched betting terms, this gives us a guaranteed profit of £14.00 and here’s how…
Qualifying Bet:
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 an in-play bet at minimum odds of 1.50 (1/2) on 3 or more football matches taking place today (Saturday 2nd January 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 free bet will be credited by 12:00 on Sunday 3rd January 2016 and must be used by 08:00 on Monday 4th January 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!
If you’re not sure how to extract 80% of the £25.00 free bet, please see my Free Bet Strategy page for a walk-through guide on how it should be done.
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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.