The Australian Open 2017 is in full swing and you don’t want to miss this Betfred in play offer. Simply place an in play bet on 3 or more Australian Open matches each day and Betfred will give us a free bet to our average stake up to £25.00 to use on the following days tennis. Translated into matched betting terms, this gives us a guaranteed daily profit of £14.00 and here’s how…
Qualifying Bet:
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 the £25.00 free bet, we must place in play bets totalling £75.00 on 3 or more Australian Open tennis matches on each eligible day at minimum odds of 1.50 (1/2) or greater.
Our qualifying bets for Day 3 must be placed between 00:00 and 14:00 on Wednesday 18th January 2017, 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 Smarkets as they have great liquidity, the site is really easy to use and they only charge 2% commission in comparison to the 5% charged by other betting exchanges.
We can calculate our lay stakes using my matched betting calculator.
Aim to lose no more than £2.00 on each of our 3 qualifying bets
So, we’ll lose approximately £6.00 in qualifying for each £25.00 free bet.
Free Bets:
Our £25.00 free bet for Day 3 will be credited by 16:00 on Wednesday 18th January 2017 and will expire at 16:00 on Thursday 19th January 2017.
By using straightforward matched betting, we should be able to extract 80% of our £25.00 free bets as cash, so around £20.00. If we take into consideration our daily qualifying loss of £6.00, this gives us a guaranteed daily profit of £14.00!
It’s unknown how long this offer will run for, so I’ll update the profit figure once the promotion has ended.
If you’re not sure how to extract 80% of each £25.00 free bet, please see my Free Bet Strategy page for a walk-through guide on how it should be done.
* This offer ran for the first three days of the Australian Open 2017, meaning I made an overall profit of £42.00 on this Betfred offer. *
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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.