British Grand Prix 2021 Offer – Betfred

It’s the British Grand Prix 2021 at Silverstone on Sunday and Betfred are getting in on the action! Place a bet of £5.00 or more on any British Grand Prix PickYourPunt market and if it loses, Betfred will give us a £5.00 free bet. Translated into matched betting terms, this gives us a potential profit of £9.37 and here’s how…

Key terms

• Applies to our first losing £5.00+ PickYourPunt market bet on the British Grand Prix.
• Applies to bets that have been placed after 17:00 on Saturday 17th July 2021.
• If our bet loses, Betfred will give us a £5.00 free bet.

Qualifying bet

It’s entirely up to you how you play this offer.

If you can find a PickYourPunt bet that is layable, you can treat this as a risk-free bet offer. Depending on the back and lay odds, you may be able to lock in around £2.00 profit with this method.

Our other option is to take a speculative approach and not lay our PickYourPunt bet. If our bet loses, we know that by using straightforward matched betting, we should be able to convert our £5.00 free bet into 80% cash, so £4.00. That means the most we can lose on this offer is £1.00 and we could make a nice profit.

So, looking at the selections available, we could place our qualifying bet on Max Verstappen To Win Race By Less Than 10 Secs at odds of 2.875 (15/8).

Place £5.00 on a PickYourPunt bet of your choice

Free bet

If Verstappen wins the race by less than 10 seconds, we’ll make a profit of £9.37 on this Betfred offer!

Risking £1.00 to make a potential profit of £9.37 means we would only need to win 1 in every 10 bets to break even. It really is too good an offer to miss!

If our bet loses, our £5.00 free bet will be credited within 24 hours of settlement and will be valid for 7 days.

* Lewis Hamilton won the race, resulting in a loss of £1.00 on this Betfred offer. *