£6.80
Guaranteed Profit
£6.80
Actual Profit

Greyhounds Free Bet Club – Betfred


Posted by Matt (administrator) Matt
Start Time: 23/01/2020 08:12

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 separate 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 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 23rd January 2020 and 23:59 on Friday 24th January 2020.

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.

Betfair are currently running a great sign up offer where you pay 0% commission up to £500 for the first 30 days…

Banner showing the zero commission sign up offer from Betfair
Banner showing the zero commission sign up offer from Betfair

If you already have a Betfair account, you can opt to pay just 2% commission by selecting the Basic package.

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

Betfred logo

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 25th January 2020 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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