NetBet Offer – £20.00 Sunday Bonus

Do not miss this fantastic NetBet offer, available to both new and existing customers! Simply place at least five bets from 00:01 (GMT) on Monday until 06:00 (GMT) on Sunday and NetBet will give us 20% of the stake amount from our five largest bets as a bonus. Translated into matched betting terms, this gives us a minimum guaranteed profit of £8.00 and here’s how…

Qualifying bets:

Just to clarify what’s on offer here, NetBet will give us a bonus on Sunday equal to 20% of our five largest bets placed between now and then. So if our five largest bets placed are; £30, £20, £21, £10 and £10, our bonus will be 20% of £91, which means an £18.20 bonus would be credited automatically by 17:00 on Sunday. We must opt in using the register button before 06:00 on Sunday to receive our bonus.

The maximum bonus we can claim is £20.00, so in order to claim the full amount, we will need to place 5 bets totalling £100.00. It’s up to you how you place these but I’m going to place 5 bets of £20.00.

If you’re unfamiliar with qualifying bets, please see my Qualifying Bet Strategy page for a walkthrough guide on how to place your qualifying bets.

The terms and conditions state that our qualifying bets must be placed at minimum odds of 1.45. With this in mind, it’s probably a good idea to stick to match odds markets (1X2).

Here is an example of how you might place a £20.00 qualifying bet (odds are for the Premier League fixture between Tottenham and Hull City)…

netbet

Place £20.00 on Tottenham @1.76 = Potential profit of £15.20

betfair

Lay £19.78 on Tottenham @ 1.83 = Potential liability of £16.42

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

Tottenham win £15.20 – £16.42 = £1.22 loss
Tottenham don’t win -£20.00 + £18.79 = £1.21 loss

So regardless of the result of the match, we would lose a maximum of £1.22 on this bet as we work towards achieving our £20.00 bonus. With our first qualifying bet out of the way, we would then need to place another £80.00 worth of bets to qualify for our bonus. If we can continue to limit our qualifying losses to around £1.20 on each £20.00 bet, we will only lose around £6.00 in qualifying for the £20.00 bonus!

Free bets:

The £20.00 bonus must be rolled over 5 times (£100.00) at minimum odds of 1.60 within 48 hours of receiving the bonus. I would advise sticking to the qualifying method we used above. If we can limit our losses to £1.20 every time we place a £20.00 bonus bet then we should lose a maximum of £6.00 in rolling over the bonus amount 5 times. The best case scenario is that our first £20.00 bonus bet loses. This means we would have completed the offer and our profit will be in our betting exchange account.

Once your qualifying bets have settled, I would strongly advise that you withdraw any cash you have in your account.  This is because NetBet have a system where your cash is used before any bonus funds.  So if you have £200.00 cash in your account and a £20.00 bonus, you will have to stake the full £100.00 rollover before you are able to withdraw your bonus.  If you withdraw your £200.00 cash beforehand, you can just back and lay your £20.00 bonus on something and hope your back bet loses to maximise your overall profit.

So depending on how our bonus bets go, we should be able to extract somewhere between £14.00 – £18.80 of our £20.00 bonus. Taking into account our total qualifying loss of £6.00, this gives us a minimum guaranteed profit of £8.00 and a potential maximum profit of £12.80!

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Matt Kirman - Matched Betting Blogger

Matt KirmanMatched 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.