Midnite Sign Up Offer (2024) | How to Make £14.00 Profit

Description

Register an account with Midnite using the promotional code ‘BETGETRACING‘. Stake a total of £10 on accumulator bets and get £20 in free bets, plus 50 free spins.

Key terms

UK customers should register using the promotional code ‘BETGETRACING‘.
Irish customers should register using the promotional code ‘BETGETRACINGIRE‘.
Minimum deposit of £10.
Your qualifying bet must be a pre-match accumulator with 4 or more legs.
The minimum total stake is £10.
Minimum total odds of 4.00 (3/1).
Upon settlement, you’ll receive 4 x £5 free bets and 50 free spins.
The free bets will be valid on any horse racing market.
The free spins (worth 10p each) will be valid on Big Bass Splash.
The free bets and free spins will be valid for 7 days.
The free bet stakes 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

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 May 2024. 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

Your qualifying bet must be a multiple with 4+ selections and minimum total odds of 4.00. Check the back odds at Midnite and the lay odds at Smarkets to find suitable selections.
Use the ‘Qualifying Bet‘ setting on the Matched Betting Calculator to calculate your lay stake.
Place your £10 qualifying back bet on an eligible multiple at Midnite.
Place your lay bet against the same multiple at Smarkets.

Free bets

Your 4 x £5 free bets will be credited upon settlement of your qualifying bet. They will be valid on any horse racing market.
Check the back odds at Midnite and the lay odds at Smarkets to find a suitable horse racing selection.
Use the ‘Free Bet‘ setting on the Matched Betting Calculator to calculate your lay stake.
Place your £5 free back bet on horse racing at Midnite (valid for 7 days).
Place your lay bet against the same selection at Smarkets.
Repeat steps 10-13 for your remaining 3 x £5 free bets.

Free spins

Your 50 free spins will be credited upon settlement of your qualifying bet. Wager the free spins on Big Bass Splash within 7 days.

Limit your qualifying loss to around £2 as a rough guide, and aim for £16 cash (80%) from your £20 in free bets. Based on those figures, you should make a £14 profit on this Midnite 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 £85,000 worth of profit, and made it my mission to make matched betting accessible to everyone.

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Neil S
76

Currently (Nov 2022) Midnite are offering 3 x £20 free bets upon signup.

+2
Reply November 9, 2022 at 4:15 pm
1. Matt
  1490
  
  Thanks, Neil. I’ll update the guide.
  
  +0
  Reply November 10, 2022 at 4:30 pm
sparkerzzzz
0

So for this offer do I have to place four £2.50 bets all at once to make the £10 accumulator?

+0
Reply May 7, 2023 at 7:13 am
1. Matt
  1490
  
  You must build an accumulator (4+ selections) for this offer and stake a minimum of £10.
  
  An accumulator is a bet made up of selections from different events. For example, you might bet on Man City, Arsenal, Liverpool and Chelsea all to win.
  
  See my ‘Laying Multiples‘ guide for a walkthrough on how to lay accumulator bets.
  
  +0
  Reply May 8, 2023 at 8:55 am
DeadWithLara
0

Hi Matt,

I’m really struggling to be able to limit the loss to £2 with this one, best I’ve managed so far when building the acca is around £2.50 and most of the time it ends up at £3+. The issue is that once the bet gets up to 4 or above, the difference between bet and lay odds becomes quite apparent and creates a significant loss. Do you have any advice on what to do?

+0
Reply July 9, 2023 at 10:51 pm
1. Matt
  1490
  
  Football matches are usually best for offers that involved multiples, but it’s currently the close season.
  
  If you can limit your qualifying loss to around £3.00 and under, that’s still okay. If you’re keen to get it down to around £2.00, I’d recommend waiting until the new football season starts in early August, which isn’t far away now.
  
  I hope that helps.
  
  +0
  Reply July 11, 2023 at 4:15 pm
Saulul
1

Really difficult to limit the qualifying loss here to just £2. The odds add up to very high amounts on a selection of 4 and the difference between exchange and bookie becomes significant. The best I could do is a qualifying loss of £2.28 on a selection of four Premier League matches.

+0
Reply April 1, 2024 at 6:14 pm
1. Matt
  1490
  
  Thanks for sharing, Saulul.
  
  The qualifying losses and profit figures posted are there as a guide. Sometimes, you might have to take a slightly higher qualifying loss or accept a slightly lower profit. Other times, you may find a lower qualifying loss or a higher profit. In the long run, it should average out at around the figures posted.
  
  I hope that helps.
  
  +0
  Reply April 2, 2024 at 8:26 am