Betfred Offer – Saturday Racing Bet 3 Get 1 Free

There’s a big day of horse racing action to look forward to and you don’t want to miss this Betfred offer! Simply bet £10.00 on the three selected races from York and Newmarket and Betfred will give us a £10.00 free bet to be used on tomorrow’s racing. Translated into matched betting terms, this gives us a guaranteed profit of £6.20 and here’s how…

Qualifying Bets:

If you’re unfamiliar with qualifying bets, please see my Qualifying Bet Strategy for a walk-through guide on how they should be done.

Qualifying bets must be placed after 11:00 on Saturday 15th July 2017, to be eligible. To qualify for the £10.00 free bet, we must place a £10.00 bet on each of the following three races…

Races
15:05 York
15:25 Newmarket
16:35 Newmarket

I like to place my exchange lay bets with Smarkets as they have great liquidity, the site is really easy to use and they only charge 2% commission in comparison to the 5% charged by other betting exchanges.

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

Betfred logo

Aim to lose no more than £0.60 on each of our 3 qualifying bets

So, we’ll lose approximately £1.80 in qualifying for our £10.00 free bet.

Free Bet:

Our £10.00 free bet will be credited within 24 hours of our final bet settling and will be valid until 10:00 on Monday 17th July 2017.

By using straightforward matched betting, we should be able to extract 80% of our £10.00 free bet as cash, so around £8.00. If we take into consideration our total qualifying loss of £1.80, this gives us a guaranteed profit of £6.20 on this Betfred offer.

* See my Horse Racing Offers page for a full list of money back offers available each day! *

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Matt Kirman - Matched Betting Blogger

Matt KirmanMatched 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.