A fantastic Olympic offer from 888sport. Get £50.00 in free bets during the Sochi 2014 Winter Olympics. There are 5 Olympic rings and 5 x £5.00 free bets up for grabs. Qualify for all 5 and 888sport will give you an extra £25.00 free bet on top! Translated into matched betting terms, this gives us a guaranteed profit of approximately £25.00. And here’s how…
Here’s how it works:
- BET – Place five bets on the Winter Olympics of at least £5.00 with minimum odds of 1/2 (1.5) on the same day.
- GET – 888sport will then credit you with a £5.00 free bet.
- REPEAT – Take advantage of this offer up to 5 times during the games.
- BONUS! – Earn all 5 and get an extra £25.00 free bet.
Step 1:
PLACING YOUR QUALIFYING BETS…
Aim to lose a maximum of £0.40 on each qualifying bet
5 x £0.40 = £2.00 loss
5 freebies available so £2.00 x 5 = £10.00 loss
Step 2:
EXTRACTING PROFIT FROM YOUR FREE BETS
Aim to extract 70% of each £5.00 free bet = £3.50
£3.50 x 5 = £17.50
Aim to extract 70% of your £25.00 bonus free bet = £17.50
= Total returns of £17.50 + £17.50 = £35.00
So we will lose £10.00 placing our qualifying bets, but we will be able to extract £35.00 from our free bets, leaving us with a rather tidy profit of £25.00.
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Matt Kirman – Matched Betting Blogger
Since 2014, I’ve blogged over £100,000 worth of profit, and made it my mission to make matched betting accessible to everyone.