There’s plenty of sporting action Down Under today and you don’t want to miss this Betfred offer. Simply place 3 bets on either Australian Open 2018 matches or Australian horse racing and Betfred will give us a free bet to our average stake up to £10.00. Translated into matched betting terms, this gives us a guaranteed profit of £5.10 and here’s how…
Qualifying Bets:
If you’re unfamiliar with qualifying bets, please see my Qualifying Bet Strategy page for a walk-through guide on how they should be done.
To qualify for our £10.00 free bet, we must place bets totalling £30.00 on 3 or more Australian Open 2018 tennis matches and/or Australian horse racing at minimum odds of 1.50 (1/2) or greater.
Qualifying bets must be placed after 18:00 on Friday 19th January 2018, to be eligible.
It’s entirely up to you who you place your qualifying bets on.
I like to place my exchange lay bets with Betfair as they have great liquidity and the site is really easy to use.
We can calculate our lay stakes using my matched betting calculator.
Aim to lose no more than £0.80 on each of our 3 qualifying bets
So, we’ll lose approximately £2.40 in qualifying for each £10.00 free bet.
Free Bets:
Our £10.00 free bet will be credited by 16:00 on Saturday 20th January 2018 and will be valid for 7 days.
By using straightforward matched betting, we should be able to extract 75% cash from each £10.00 free bet, so around £7.50. If we take into consideration our total qualifying loss of £2.40, this gives us a guaranteed profit of £5.10 on this Betfred offer!
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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.