Betfred Sign Up Offer

Description

Register an account with Betfred, bet £10+ on any sport and get a £30 free bet.

Key terms

  • Promotion is not available to new customers depositing funds with prepaid Visa’s and Mastercard’s or e-Wallets.
  • Minimum deposit of £10.
  • Minimum stake of £10.
  • Minimum odds of 2.00 (evens).
  • Qualifying bet must be placed and settled within 7 days of registration.
  • £30 free bet credited within 10 hours of settlement.
  • The free bet will be valid for 7 days.
  • The free bet stake will not be returned with any winnings.

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

  1. Sign up for a Betfair Exchange account if you haven’t already. You’ll need this to match your bookmaker bet.
  1. Register an account with Betfred.
  1. Deposit £10 using a debit card.
  2. Switch to decimal odds.

Qualifying bet

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

Free bets

  1. Your £30 free bet will be credited within 10 hours of your qualifying bet settling.
  2. Check the back odds at Betfred and the lay odds at Betfair to find a suitable selection.
  3. Use the ‘Free Bet’ setting on the Matched Betting Calculator to calculate your lay stake.
  4. Place your £10 free back bet at Betfred (valid for 7 days after being credited).
  5. Place your lay bet against the same selection at Betfair.

As a rough guide, limit your qualifying loss to around £1 and aim for £24 cash (80%) from your £30 free bet. Based on those figures, you should make a £23 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.

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 £650 from welcome offers, and another £500 monthly.
  • Make £15 from your very first offer.
Screenshot of the Matched Betting Academy

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Matt Kirman - Matched Betting Blogger

Matt KirmanMatched Betting Blogger

Since 2014, I’ve blogged over £60,000 worth of profit, and made it my mission to make matched betting accessible to everyone.