There’s a big couple of days of greyhound racing to look forward to and you don’t want to miss this Free Bet Club offer from Betfred! Simply place a bet on 3 greyhound races across Thursday or 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 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 25th July 2019 and 23:59 on Friday 26th July 2019.
NOTE: The liquidity for greyhound racing does not improve until approximately 5-10 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.
Qualifying Bets:
If you’re unfamiliar with qualifying bets, please see my Qualifying Bet Strategy page for a walk-through guide on how they should be done.
We’ll need to lay our bets with Betfair.
We can calculate our lay stakes using the matched betting calculator.
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 27th July 2019 and will be valid for 7 days.
By using straightforward matched betting, we should be able to extract 80% cash from our £10.00 free bet, so £8.00. If we take into consideration our total qualifying loss of £1.20, this gives us a guaranteed profit of £6.80 on this Betfred offer!
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Bob
Guest userI’ve never done this offer, can anybody who’s done this advise me on how much qualifying loss im likely to take. Is there any value you in this? liquidity is poor until the start time.
Fordy
44Put it this way, don’t try it on the phone!
David
Guest userThe prices move so fast because liquidity is so low and whenever a bet is taken it’s going to push the prices out so much I tend not to bother with offers like this
Pickingupcrumbs
Guest userBeing patient is crucial. Bet first and then back later, you can tell within three minutes of the off which dogs are going to tighten. Once you notice a trend downwards get the back bet in with BetFred and then just chose your moment, at least a minute before the off to lay. It can be quite stressy but be sure to have your best mouse hand working!