The MoPlay sign up offer is a perfect starting point for matched betting newbies. Simply sign up today and bet just £10.00 and MoPlay will give us £30.00 in free bets. Translated into matched betting terms, this gives us a guaranteed profit of £23.80 and here’s how…
- We must place our first bet of £10.00 or more.
- Our bet must be placed at odds of 1.50 (1/2) or greater.
- Qualifying bets must be placed within 13 days of registration.
- Once our bet has settled, we must ‘Accept’ the promo when prompted.
- 2 x £15.00 free bets will then be credited within one hour.
- Free bets are valid for 7 days.
This is a straightforward ‘Bet X, Get X‘ offer.
To claim the £30.00 in free bets, we’ll need to bet £10.00 at odds of 1.50 (1/2) or greater.
We can then use straightforward matched betting to extract 80% cash from our £30.00 in free bets.
It’s entirely up to you what you place your qualifying bet on, but we need to find something with close back and lay odds. I’ll use odds for a fictional football match in the following example to demonstrate how this offer should be done.
We can calculate our lay stake using my matched betting calculator…
As you can see, the calculator tells us that our lay stake should be £10.00…
Place £10.00 on Team A @ 1.50 = Potential profit of £5.00
Lay £10.00 on Team A @ 1.52 = Potential liability of £5.20
Let’s have a look at our potential profit/loss for the following outcomes…
|Team A win||+ £5.00||– £5.20||£0.20 loss|
|Team A don't win||– £10.00||+ £9.80 (£10.00 minus 2% commission)||£0.20 loss|
So, regardless of the result of the match, we’ll lose £0.20 in qualifying for our £30.00 in free bets.
Once our qualifying bet has settled, we’ll receive an opt-in prompt. Once accepted, our 2 x £15.00 free bets will be credited within one hour. The free bets will be valid for 7 days and free bet stakes will not be included in any winnings.
By using straightforward matched betting, we can extract 80% cash from any free bet. Take a look at my Free Bet Strategy page for a walk-through guide on how this should be done.
So, we should be able to extract £24.00 cash from our £30.00 in free bets. If we take into account our qualifying loss of £0.20, this gives us a guaranteed profit of £23.80 on this MoPlay sign up offer!
Click here to take advantage of this MoPlay welcome offer