Betfred Sign Up Offer (2025) | How to Make £37.00 Profit

Description

Key terms

New customers only.
Deposit £10+ via debit card.
Deposits via a prepaid Visa or Mastercard, or e-Wallet, will not qualify for this promotion.
Place a first bet of £10+ at odds of 2.00 (evens) or more on sports within 7 days.
Get 3 x £10 in sports free bets and 2 x £10 acca free bets within 10 hours of settlement.
7-day expiry.
Eligibility and payment exclusions apply.
Full terms and conditions apply.

Always check the terms of an offer yourself before placing any bets. Bookmakers can amend their terms at any time, so it’s always worth double-checking.

Account setup

MBB Special: £50 Amazon GIFT CARDS

Every signup via the link below will be entered into a free prize draw to win one of four £50 Amazon gift cards. Winners will be drawn 1st August 2025. T&Cs apply.

Matched Betting Blog receives a small commission when you sign up to Smarkets via the link above. It helps support the site and keeps it free for everyone to learn matched betting.

Deposit £10 using a debit card.
Switch to decimal odds.

Qualifying bet

Check the back odds at Betfred and the lay odds at Smarkets to find a suitable selection. Your qualifying bet must be placed at minimum odds of 2.00 (evens).
Use the ‘Qualifying Bet‘ setting on the Matched Betting Calculator to calculate your lay stake.
Place your £10 qualifying back bet at Betfred (within 7 days of registering).
Place your lay bet against the same selection at Smarkets.

Free bets

Your 5 x £10 free bets will be credited within 10 hours of your qualifying bet settling. Three free bets will be valid on any sports market, and two will be valid on accumulators (4+ selections).
Check the back odds at Betfred and the lay odds at Smarkets to find a suitable sports selection.
Use the ‘Free Bet‘ setting on the Matched Betting Calculator to calculate your lay stake.
Place your first £10 free back bet on sports at Betfred (valid for 7 days after being credited).
Place your lay bet against the same selection at Smarkets.
Repeat steps 10-13 for your remaining 4 x £10 free bets.

Limit your qualifying loss to around £1 as a rough guide. Aim for £24 cash (80%) from your 3 x £10 free sports bets and £14 cash (70%) from your 2 x £10 free accumulator bets. Based on those figures, you should make a £37 profit on this Betfred offer.

General advice and example for ‘Bet X, Get Y’ offers

Place your qualifying bets at low odds, ensuring you meet any minimum odds requirement. Use the ‘Qualifying Bet’ setting on the Matched Betting Calculator to calculate your lay stakes.

Once received, you can convert any free bets or bonuses into cash. Use the ‘Free Bet’ setting on the Matched Betting Calculator to calculate your lay stakes. It’s best to place free bets at high odds to maximise your profits.

See my ‘Bet X, Get Y‘ guide for a complete walkthrough of this offer type.

How to lay a multiple bet

Your best option is to lay your multiple at Smarkets, as their platform allows you to build any multiple and lay it as one bet. Therefore, you can place your multiple bet at the bookmaker and then build and lay the same multiple at Smarkets.

See my ‘Laying Multiples‘ guide for a complete walkthrough.

Learn matched betting the free, easy way.

The Matched Betting Academy

Logically structured to tackle strategies and offers as you’re ready for them.
Bag profits every step of the way. About £600 from welcome offers, and another £500 monthly.
Make £15 from your very first offer.

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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 £90,000 worth of profit, and made it my mission to make matched betting accessible to everyone.

Ed
Guest user

Hello Matt, just wondering if you can become a new customer after not having a bet for a few years as I did quite a few match bets back in 2013/14, I’ve managed to do a couple but some still have me on their books and wont let me register, regards, Ed.

+3
Reply May 27, 2022 at 3:38 pm
1. Matt
  1549
  
  It’s impossible to say, really, Ed. As you say, it will probably work with some bookmakers but not others.
  
  All you can do is try it and see.
  
  +3
  Reply May 28, 2022 at 7:21 am
Ed
Guest user

Ok, thanks Matt.

+3
Reply May 28, 2022 at 12:26 pm
ChocChipChoc
16

The Telegraph seems to be offering a variation on this sign-up promotion for £60 bonuses instead of £30, still with an initial £10 stake (unfortunately I didn’t spot it until after signing up with the £30 promotion):

You should receive £20 free bets for sportsbook, £10 free bets for lotto and 50 free spins to begin with, then 5 days later you should receive another £20 free bets (for sports, lotto or virtual).

+4
Reply November 10, 2022 at 2:29 pm
1. Matt
  1549
  
  Thanks for sharing this. I checked with Betfred, and the ‘TELE60’ promo code no longer works. However, they do have the same promotion running on promo code ‘BETFRED60’. You can find the promotion page here.
  
  With an external promotion (not advertised on their site), anyone looking to take it up may wish to check with Betfred beforehand that it’s still a valid offer.
  
  +4
  Reply November 10, 2022 at 9:46 pm
Morgan
Guest user

Just wondering what you’d suggest doing for the £20 acca seeing as Smarkets dont let you build lay builders.

+0
Reply April 1, 2024 at 3:23 pm
1. Matt
  1549
  
  Hi Morgan,
  
  You can build and lay accumulators at Smarkets. Please see my Laying Multiples Guide for a walkthrough.
  
  I hope that helps.
  
  +0
  Reply April 2, 2024 at 8:15 am
Moneyfornothing
0

With the money that you put onto the accounts when opening and getting the free bets. Do you leave that in there and treat it as an investment, rather than pulling it out?

Sorry for the dumb question.

+0
Reply April 3, 2024 at 6:10 am
1. Matt
  1549
  
  No questions are dumb, it’s always best to ask if you’re unsure of something.
  
  It’s entirely up to you whether you leave your funds in your account or withdraw them. On balance, it may be best to leave the funds in your account so it helps you look like a regular punter, but it depends on your situation. If you’re starting with a limited bankroll and you need the funds to complete other offers, it’s fine to withdraw them.
  
  I hope that helps.
  
  +1
  Reply April 4, 2024 at 9:20 pm
MLeigh
0

Thank you so much for your guides. I am a complete newbie to matched betting and betting in general so I am struggling with the £20 ACCA bet on the Betfred offer. I have read the guide but I am struggling with knowing how much money to put on Smarkets. Is there any way you could break it down for me a bit more, maybe with an example? Thank you for this website!

+0
Reply April 21, 2024 at 5:50 pm
1. Matt
  1549
  
  Hi there,
  
  You’re very welcome! It’s great to have you on board.
  
  You can lay an accumulator at Smarkets in one bet by building the same multiple bet you are placing your Betfred free bet on.
  
  Say, for example, you’re placing your Betfred free bet on Man City, Liverpool, Arsenal and Chelsea all to win. You simply head over to Smarkets and add those four teams to your betslip and lay it as one bet. You calculate your lay stake using the ‘Free Bet’ setting on the calculator.
  
  Please see my Laying Multiples Guide for a walkthrough.
  
  +0
  Reply April 22, 2024 at 4:16 pm
  1. MLeigh
    0
    
    Thank you for your response. I am working my way through the welcome offers and starting to get my head around it (kind of). One thing I keep stumbling over with the builders / accas is what if half my bet wins? So for example I bet on Arsenal, Chelsea, City & Villa to all win with the bookie and then on Smarkets place my lay bet against that. If Arsenal & Chelsea win but City & Villa lose then I have lost both bets and therefore the money twice? Am I missing something so obvious?
    
    +0
    Reply April 30, 2024 at 3:11 pm
    1. Matt
      1549
      
      You wouldn’t lose both bets. Your bet at the bookmaker would lose and your lay bet at Smarkets would win.
      
      When you lay a multiple at Smarkets, you’re laying it as one bet. In your example, your lay bet is betting that Arsenal, Chelsea, Man City and Aston Villa won’t all win. Therefore, you only need one of those teams to lose or draw to win your lay bet.
      
      I hope that helps.
      
      +0
      May 4, 2024 at 9:23 pm
Paul
Guest user

Thank you for all the information, as I’m a newbie at matched betting. I joined Ladbroke and coral’s and deposited my initial stake , unfortunately I had a family event which meant I couldn’t do my first bet to get my free bets. Is it worth closing my account with both, and reapplying or just use them without the free money offer ?

+0
Reply August 29, 2024 at 3:18 pm
1. Matt
  1549
  
  You’re welcome, Paul!
  
  Ah, that’s a shame. You could even try your luck on live chat. If you explain your situation, they might let you do the offer still, you never know.
  
  I wouldn’t close them. I would just keep them open for reload offers.
  
  +0
  Reply September 5, 2024 at 8:48 pm
SteveP
0

Hi Matt,

I’ve just tried to join Smarkets to cash in the accas, but they’ve blocked the account as they think its a duplicate (its not, as far as i know…!). An email to their support team awaits a response!

In the meantime i have my Matchbook account, but struggling to see what to do to lay off an acca with free bets. I’ve seen suggestions of sequential lays. The 4 matches i’ve picked dont overlap. Odds back/lay are currently 2.5/2.62, 2.15/2.2, 2.3/2.42, 3/3.25 (i havent put any effort in here to find decent offers, just want to get my head around things), with overall odds of 30.78.

So assuming its a £10 free bet on the acca, i’d be laying 5.73 on match 1? If it wins, i lose the lay stake but havent won anything on the free bet yet. So i then lay match 2, but this is based on the winnings or the winnings+free bet?

Perhaps im being silly and theres something more simple than this, or is there a calculator you can point to?

+0
Reply May 6, 2025 at 11:35 am
1. Matt
  1549
  
  Hi Steve,
  
  In the absence of a Smarkets account, sequential laying is the way to go. Unfortunately, my Sequential Lay Calculator doesn’t have a free bet setting at the moment, but here’s a calculator that should do the job for you > https://doppelwetten.com/sequential-calc-english/.
  
  I hope that helps.
  
  +0
  Reply May 6, 2025 at 4:06 pm