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888sport – Sochi 2014 Winter Olympics – £50.00 in Free Bets

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 KirmanMatched 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.