It’s Day 3 of this fantastic Betfred offer! Simply have a bet on 3 or more of todays horse racing extra markets on Betfred mobile today and Betfred will give us a free bet equal to our average stake. Translated into matched betting terms, this gives us a guaranteed profit of £14.00 and here’s how…
Qualifying Bet:
If you’re unfamiliar with qualifying bets, please see my Qualifying Bet Strategy for a walkthrough guide on how to place your qualifying bets.
Please be aware that this offer is only available via mobile. The extra markets aren’t always available straight away so you may need to keep checking back. They should be available no later than lunchtime.
We need to select 3 horses to place a £25.00 bet on with Betfred and then we need to lay those horses at Betfair. It’s entirely up to you which extra market you go for. Personally, I like the ‘Fav vs Outsiders’ market as you can simply back and lay the favourite. You can use the matched betting calculator to work out your lay stakes.
So we will lose approximately £6.00 on our qualifying bets in order to claim our £25.00 free bet.
Free Bet:
By using straightforward matched betting, we should be able to extract 80% of our £25.00 free bet as cash, so around £20.00. If we take into consideration our qualifying loss of £6.00, this gives us a guaranteed profit of £14.00!
If you’re not sure how to extract 80% of the £25.00 free bet, please see my Free Bet Strategy page for a walkthrough guide on how it should be done.
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Matt Kirman – Matched Betting Blogger
Since 2014, I’ve blogged over £70,000 worth of profit, and made it my mission to make matched betting accessible to everyone.