Betfred Offer – Ryder Cup 2016

The Ryder Cup 2016 gets underway today and you don’t want to miss this Betfred offer! Place a pre-match bet on three or more Fourballs or Foursome matches on Days 1 and 2 and Betfred will give us a free bet to our average stake, up to £25.00, to use on the following day’s play. Translated into matched betting terms, this gives us a guaranteed profit of £28.00 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 our first £25.00 free bet, we must place a £25.00 pre-match bet, at minimum odds of 1.50 (1/2) or greater, on three different Fourballs or Foursome matches being played today (Friday 30th September 2016).

To qualify for our second £25.00 free bet, we must place a £25.00 pre-match or in play bet, at minimum odds of 1.50 (1/2) or greater, on three different Fourballs or Foursome matches being played on Saturday 1st October 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.

So we will lose approximately £12.00 in qualifying for our 2 x £25.00 free bets.

Free Bet:

Our 2 x £25.00 free bets will be credited by 11:00 on Saturday 1st October 2016 and Sunday 2nd October 2016 respectively and will expire 24 hours later.

By using straightforward matched betting, we should be able to extract 80% of our 2 x £25.00 free bets as cash, so around £40.00. If we take into consideration our overall qualifying loss of £12.00, this gives us a guaranteed profit of £28.00 on this Betfred offer!