£6.80
Guaranteed Profit
£6.80
Actual Profit

Greyhounds Free Bet Club – Betfred


Posted by Matt (administrator) Matt
Start Time: 15/10/2020 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 15th October 2020 and 23:59 on Friday 16th October 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’d like more information about qualifying bets and how they work, please see my Qualifying Bets Guide.

Betfair are by far the best option when it comes to laying greyhound bets.

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 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 17th October 2020 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 qualifying loss of £1.20, this gives us a guaranteed profit of £6.80 on this Betfred offer!

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