Fanteam Sign Up Offer (2023) | How to Make £15.00 Profit

Description

Key terms

Minimum first deposit of £10.
You’ll receive a bonus equal to the amount of your first deposit, up to £20.
You must wager your initial deposit six (6) times to be able to withdraw your bonus.
Minimum odds of 2.00 (evens).
Bets placed with bonus money must be settled before the 90-day period ends.
If you withdraw while you have an active bonus, the bonus will be forfeited.

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

Account setup

Deposit £20 using a debit card.
Switch to decimal odds.

Wagering

You must wager your initial deposit six (6) times at minimum odds of 2.00 (evens) to be able to withdraw your £20 bonus. That’s £120 worth of bets (£20 x 6). You should start by wagering your total £40 balance.
Check the back odds at Fanteam and the lay odds at the betting exchange to find a suitable selection. Your bonus stake will be returned with any winnings, so keeping your odds low will minimise the funds you need in your betting exchange account.
Use the ‘Free Bet‘ setting on the Matched Betting Calculator and check the ‘Stake returned‘ box to calculate your lay stake.
Place your £40 back bet (your total balance) at Fanteam.
Place your lay bet against the same selection at the betting exchange.
If your bet loses, you’ll make your profit at the betting exchange, and you won’t need to place any further bets. If your bet wins, repeat steps 6-9 for the £80 of wagering remaining.

As a rough guide, limit your total wagering losses to around £5, giving you a £15 profit on this Fanteam offer. Your profit may be higher if you lose your Fanteam balance before completing the wagering requirement.

How to complete bonus wagering

Bookmaker bonuses are usually ‘stake returned’, which means you get the bonus stake back if the bet wins. A bookmaker will usually ask you to wager a bonus a certain number of times before you can withdraw it.

When wagering bonuses, you can place them at low or high odds. Low odds enable you to minimise your qualifying losses. However, as your bets are more likely to win, you may have to complete the entire wagering requirement. Higher odds mean higher qualifying losses. However, if you lose your bookmaker balance to your betting exchange account, you won’t need to complete the entire wagering requirement.

See my Bonus Rollover guide for a complete walkthrough of the process.

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.

Get Started

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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 £70,000 worth of profit, and made it my mission to make matched betting accessible to everyone.

LDev
Guest user

Hi, to complete the wagering bonus do I need to bet £40 each time, up to 6 times? Or is it £20 6 times or any amount as long as it’s £120 in total? Thanks!

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Reply April 8, 2022 at 1:06 pm
1. Matt
  920
  
  It’s a total of £120, so if you place a £40 bet and it wins, you would need to bet a further £80 to complete the wagering.
  
  +0
  Reply April 8, 2022 at 8:26 pm
dev
Guest user

Hi so if your bets keep winning for example your first bet wins at 3 , you win £120 stake returned – but to wager that bonus balance again you’d have to wager the £60 cash balance from that first? And if that bet wins again at evens you’d have to wager the £120 cash first before the remaining 40 in bonus? If this is how it works and the bets keep winning, seems like you’d be lucky to take home much from this at all after the QLs?

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Reply July 2, 2022 at 4:16 pm
1. Matt
  920
  
  Hi Dev,
  
  I’ve added an info box to the guide that hopefully clarifies things for you.
  
  If your initial £40.00 bet wins at odds of 3.00, you would then have a £60.00 cash balance and a £60.00 bonus balance. You would then wager your total balance of £120.00. The £60.00 cash balance does not count towards the wagering requirement, but the £60.00 bonus does. If that bet wins, you’ll have wagered a total of £80.00 worth of bonus funds and have £40.00 remaining.
  
  I hope that helps.
  
  +0
  Reply July 3, 2022 at 1:25 pm
  1. kdev
    Guest user
    
    Just a follow-up – for some reason they also counted my wagering from the cash balance. My first bet won at 2.95 winning £118 and said I had wagered £40. I then wagered the remaining £118 balance split between cash and bonus balance – the bet won and the wagering was complete, even though I had only wagered £79 from the bonus balance.
    
    +1
    Reply July 5, 2022 at 2:04 am
    1. Matt
      920
      
      Thanks for sharing, kdev. That’s good to know. I’ll add a note to the guide.
      
      +0
      July 5, 2022 at 8:10 am
sonny
Guest user

This doesn’t look right to me, I’m pretty sure you only need to wager £120 total. So if your first £40 bet wins then just bet another £80.

So the best strategy is to use high odds for the initial £40, but if that bet does win then just the closest margin for the remaining £80.

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Reply August 30, 2022 at 9:03 pm
1. Matt
  920
  
  Yes, it seems that may the case, Sonny. I’m interested to hear how the offer played out for you?
  
  +0
  Reply September 25, 2022 at 8:51 pm