Greyhound racing continues this week and you don’t want to miss this Free Bet Club offer from Betfred! Simply place a bet on 3 separate greyhound races across Wednesday and Thursday and Betfred will give us a free bet equal to our average stake, up to £10.00. Translated into matched betting terms, this gives us a guaranteed profit of £6.80 and here’s how…
- To claim the maximum £10.00 free bet, we must place 3 bets on separate races totalling £30.00+.
- Qualifying bets must be placed at odds of 1.50 (1/2) or greater.
- Applies to bets placed and settled between 00:00 on Wednesday 23rd December 2020 and 23:59 on Thursday 24th December 2020.
If you’d like more information about qualifying bets and how they work, please see my qualifying bets guide.
The liquidity for greyhound racing does not improve until approximately 5-10 minutes before the race starts. You should therefore only get involved if you’re comfortable with that. If you’ve not done greyhound offers before, you may want to just observe the changing odds or at least use lower stakes until you get the hang of things.
Betfair works best for greyhounds
Betfair is undoubtedly the place to lay your greyhound bets. Their greyhound markets have the best liquidity in the run-up to races.
- 2% commission for all new signups
We can calculate our lay stakes using my Matched Betting Calculator.
Aim to lose no more than £0.40 on each of our 3 qualifying bets
So, we’ll lose approximately £1.20 in qualifying for our £10.00 free bet.
Our £10.00 free bet will be credited by 12:00 on Saturday 26th December 2020 and will be valid for 7 days.
Using straightforward matched betting, we should be able to convert our free bet into 80% cash, so £8.00. If we take into account our total expected qualifying loss of £1.20, this gives us a guaranteed profit of £6.80 on this Betfred offer!
Get this Betfred free bet offer
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Matt Kirman – Matched Betting Blogger
Since 2014, I’ve blogged over £70,000 worth of profit, and made it my mission to make matched betting accessible to everyone.