£6.80
Guaranteed Profit
£6.80
Actual Profit

Greyhounds Free Bet Club – Betfred


Posted by Matt (administrator) Matt
Start Time: 27/08/2020 08:12

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 27th August 2020 and 23:59 on Friday 28th August 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 can lay our bets with Betfair or Smarkets.

We can calculate our lay stakes using my 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 29th August 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 account our total qualifying loss of £1.20, this gives us a guaranteed profit of £6.80 on this Betfred offer!

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