VBET Sign Up Offer – £20 Risk-Free Bet

£5.00
Guaranteed Profit

The VBET sign up offer brings about a nice easy profit for new customers. Simply sign up, bet £20 and if you lose you’ll get a £10 free bet, plus 10 casino free spins. Translated into matched betting terms, this gives you a guaranteed profit of £5+. Let’s work through it one step at a time.

Key terms

  • Available to new UK customers between 12:00 on Saturday 12th December 2020 and 12:00 on Friday 12th March 2021.
  • Minimum stake of £20.
  • Minimum odds of 1.80 (4/5).
  • £10 free bet if your qualifying bet loses.
  • 10 free spins (worth 20p each) no matter the outcome of your qualifying bet.

The strategy

This is a straightforward ‘risk-free bet‘ offer.

You need to bet £20 at odds of 1.80 (4/5) or greater. If your bet wins, you’ll have made a quick profit in your VBET account and you won’t need to place any more bets. If your bet loses, you’ll need to use straightforward matched betting to convert your £10 free bet into cash.

Risk-free bet

It’s entirely up to you what you place your risk-free bet on, but you’ll need to find a selection with long odds. You’ll also need the back and lay odds to be as close as possible. Big football matches and horse racing are the best places to start looking.

If you’d like more information about risk-free bets and how they work, please see my risk-free bets guide.

I’ll use some example odds to illustrate how this offer should be done. Let’s say Newcastle are back odds of 7.00 and lay odds of 7.40 to win a football match.

Use an exchange of your choice

You can calculate your lay stake using the ‘Risk-Free Bet‘ setting on my Matched Betting Calculator. You can enter £8 as your ‘Cashback‘ figure as that’s the amount (80%) you can expect to convert your £10 free bet into, should your bet lose.

Select bet type

Back Bet (Bookie)

%

Lay Bet (Betting Exchange)

%

Min £
Max £
Lay stake required: £
Bookie
Exchange
Cashback
Total
If back (bookie) bet wins
£
£
£
= £
If lay (exchange) bet wins
£
£
£
= £
Total profit: £

Optimal Underlay

Lay stake required: £
Exchange liability: £

If back (bookie) bet wins: £
If lay (exchange) bet wins: £

Optimal Overlay

Lay stake required: £
Exchange liability: £

If back (bookie) bet wins: £
If lay (exchange) bet wins: £

As you can see, the calculator tells you that your lay stake should be £17.96

VBET logo

Place £20.00 on Newcastle @ 7.00 = Potential profit of £120.00

Betfair logo

Lay £17.96 on Newcastle @ 7.40 = Potential liability of £114.94

Let’s have a look at your potential profit/loss for each outcome…

OutcomeVBETBetfairFree BetProfit/Loss
Newcastle win+ £120.00– £114.94£5.06 profit
Newcastle lose or draw– £20.00+ £17.06+ £8.00£5.06 profit

So, regardless of whether Newcastle win, lose or draw, you’ll make a profit of £5.06 on the VBET sign up offer!

Free bet

If your qualifying bet loses, your £10 free bet will be credited to your account within 24 hours of your qualifying bet being settled. The free bet will be valid for 14 days and the free bet stake will not be returned with any winnings.

Repeat the matched betting process for your free bet, but this time select the ‘Free Bet‘ option on the calculator. If you’re still a bit unsure of the process and would like to walk through using your free bet step by step, see my free bets guide.

Don’t forget, you’ll also receive 10 free spins on eligible NetEnt games, no matter the outcome of your risk-free bet. The free spins are free of any wagering requirement, so good luck!

There are plenty more offers like this one to profit from and you can find them all on my New Customer Offers page.