£6.80
Guaranteed Profit
£6.80
Actual Profit

Greyhounds Free Bet Club – Betfred


Posted by Matt (administrator) Matt
Start Time: 23/03/2020 10:46

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 Monday and Tuesday 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 Monday 23rd March 2020 and 23:59 on Tuesday 24th March 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 offering new customers 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’re an existing Betfair customer, you can opt in to pay just 2% commission by selecting their Basic reward plan.

For more information about My Betfair Rewards and how to opt in, please see my Betfair 2% Commission page.

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 Wednesday 25th March 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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