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. *
More reload offers – Make £300+ per month
With detailed walkthroughs for all the best offers as they’re released, you’ll be bagging recurring profits in no time.
More reload offers
Got a question?
Leave me a comment below…
I usually respond within 24 hours.
Matt Kirman – Matched Betting Blogger
Since 2014, I’ve blogged over £85,000 worth of profit, and made it my mission to make matched betting accessible to everyone.