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My Profit

Betfred Offer – Greyhounds Bet 3 Get 1 Free

Posted by Matt (administrator) Thu, Dec 1, 2016 03:12pm Matt
Start Time: 01/12/2016 18:28

There’s a big evening of greyhound racing tonight and you don’t want to miss this Betfred offer! Simply place a bet on 3 or more separate evening races from Belle Vue, Henlow, Hove, Monmore and/or Newcastle tonight and Betfred will give us a free bet to our average stake, up to £25.00. Translated into matched betting terms, this gives us a guaranteed profit of £17.00 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.

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 evening races from the following greyhound meetings taking place tonight (Thursday 1st December 2016)…

Racecourse First Race Last Race
Hove 18:28 21:22
Monmore 18:33 22:00
Newcastle 18:39 21:17
Belle Vue 19:25 22:18
Henlow 19:31 22:26

We will need to lay our bets for this offer on the Betfair Exchange.

NOTE: The liquidity for greyhound racing does not improve until approximately 10-15 minutes before the race starts. You should therefore only do this offer if you’re comfortable with that. If you’ve not done a greyhound offer before, you may just want to observe the changing odds or at least use lower stakes until you get the hang of things.

We can calculate our lay stakes using the matched betting calculator.

Betfred LogoAim to lose no more than £1.00 on each of our 3 qualifying bets

So, we will lose approximately £3.00 in qualifying for our £25.00 free bet.

Free Bet:

Our £25.00 free bet will be credited by 11:00 on Friday 2nd December 2016 and will be valid until 09:00 on Saturday 3rd December 2016.

By using straightforward matched betting, we should be able to extract 80% of each £25.00 free bet as cash, so around £20.00. If we take into consideration our total qualifying loss of £3.00, this gives us a guaranteed profit of £17.00 on this Betfred offer.


  1. Martin

    Is this worth attempting? I read in the comments last time a lot of people were stake restricted during the betting

    1. Tony S

      It sorted itself out Martin… there were restrictions in the first 3 races on the favourite but nothin after

  2. Marcus

    Where can you see this offer?

    1. Tom

      Ditto can’t see this anywhere??

  3. Greg Jabbitt

    Betfred not showing any odds. just says starting price?

    1. happyhomer

      They don’t put the odds up until 5 to 8 minutes before the start of the race

  4. Clare S

    Just done it no issues. Odds are late apearing though only 3 minutes before.

  5. Chris

    Is there any time of notifications when you post stuff, I always miss the buggers 🙂

    1. Matt

      I always post new offers on my Twitter account, @MatchedBets.

  6. VytautasPilk

    Should we mug bet on greyhound races for a couple of weeks before attempting this offer?

    1. Matt

      It’s entirely up to you. It’s best that we don’t just stick to football and mix things up as much as possible.

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