It’s the first day of Fred’s Festive Giveaway and you don’t want to miss this Premier League offer! Simply place an in play bet on 3 or more Premier League matches tonight and Betfred will give us a free bet to our average stake, up to £25.00, to use tomorrow. Translated into matched betting terms, this gives us a guaranteed profit of £14.00 and here’s how…
Qualifying Bets:
We must opt in to be eligible. This offer can be found under ‘Fred’s Festive Giveaway’ on the promotions page.
If you’re unfamiliar with qualifying bets, please see my Qualifying Bet Strategy for a walk-through guide on how they should be done.
Qualifying bets must be placed at minimum odds of 1.50 (1/2) or greater, to be eligible.
To qualify for the maximum £25.00 free bet, we must place bets totalling £75.00 across 3 separate Premier League matches being played tonight (Wednesday 14th December 2016)…
| Fixture | Kick-Off |
|---|---|
| Middlesbrough v Liverpool | 19:45 |
| Sunderland v Chelsea | 19:45 |
| West Ham v Burnley | 19:45 |
| Crystal Palace v Man Utd | 20:00 |
| Man City v Watford | 20:00 |
| Stoke City v Southampton | 20:00 |
| Tottenham v Hull City | 20:00 |
| West Brom v Swansea City | 20:00 |
I recommend placing our qualifying bets at half-time when the odds are fairly stable, as it reduces the risk of the odds fluctuating unfavourably whilst we are trying to get our lay bets on.
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 Friday 16th December 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 £85,000 worth of profit, and made it my mission to make matched betting accessible to everyone.