The French Open 2016 is underway and you don’t want to miss this Betfred offer. Simply place an in play bet on 3 or more French Open matches each day and Betfred will give us a free bet to our average stake up to a maximum of £25.00 to use on the next day’s matches. Translated into matched betting terms, this gives us a guaranteed daily profit of £14.00 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 each £25.00 free bet, we must place an in play bet on 3 or more French Open matches each day at minimum odds of 1.50 (1/2) or above.
This offer started on Sunday 22nd May 2016 and will be available until Betfred decide to pull it. It’s entirely up to you what 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 the matched betting calculator.
Aim to lose no more than £2.00 on each of our 3 qualifying bets
So we will lose approximately £6.00 on our daily qualifying bets in order to claim each £25.00 free bet.
Free Bets:
Free bets will be credited within 24 hours of our qualifying bets being settled and will be valid until 09:00 the following day.
By using straightforward matched betting, we should be able to extract 80% of each £25.00 free bet 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!
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 3 days of the tournament, meaning I made a profit of £42.00. *
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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.