Greyhounds Free Bet Club – Betfred

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 Thursday and Friday 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…

Key terms

• 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 Thursday 11th February 2021 and 23:59 on Friday 12th February 2021.

Qualifying bets

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.

• Money back as cash up to £20

Open Betfair Account

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.

Free bet

Our £10.00 free bet will be credited by 12:00 on Saturday 13th February 2021 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!