There’s plenty of sporting action to look forward to over the festive period and you don’t want to miss this Bwin offer. Simply place bets of £2.00 or more between 21st and 31st December 2016, and Bwin will give us a free bet to use in the New Year! Translated into matched betting terms, this gives us a guaranteed overall profit of £70.00 and here’s how…
Qualifying Bets:
If you’re unfamiliar with qualifying bets, please see my Qualifying Bet Strategy page for a walk-through guide on how they should be done.
Qualifying bets must be placed between 09:00 on Wednesday 21st December 2016 and 23:59 on Thursday 22nd December 2016, to be eligible.
Each bet must have a minimum stake of £2.00 and be placed on any sport at odds of 1.50 (1/2) or greater. Bets can be placed pre-match or in play.
The more bets we place, the bigger our free bet will be, as shown in the following table…
| Number of eligible bets placed | Free bet reward |
|---|---|
| 35 – 49 | £35.00 |
| 50 – 64 | £50.00 |
| 65 – 79 | £65.00 |
| 80 – 99 | £80.00 |
| 100+ | £100.00 |
So, in order to claim the maximum £100.00 free bet, we’ll need to place a minimum of 100 x £2.00+ qualifying bets.
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.
Aim to lose no more than £0.10 on each of your 100 qualifying bets
So, we will lose a total of £10.00 in qualifying for our £100.00 free bet.
Free Bet:
Our £100.00 free bet will be credited on Sunday 1st January 2017 and will be valid for 7 days. The free bet will be found above the betslip.
By using straightforward matched betting, we should be able to extract 80% of our £100.00 free bet as cash, so £80.00. If we take into account our total qualifying loss of £10.00, this gives us a guaranteed overall profit of £70.00 on this Bwin offer.
* Unfortunately, Bwin amended the terms of the offer and the promotion ended at 23:59 on Thursday 22nd December 2016, meaning I made £0.00 profit on this Bwin offer. Bets placed within the adjusted promotional period should still qualify and all customers who started the promotion, should receive a £5.00 free bet as a goodwill gesture. *
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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.