The 2016 Australian Open is underway and you don’t want to miss this Titanbet offer! Simply place five bets on the 2016 Australian Open of £10.00 or more and Titanbet will give us a £10.00 free bet. Translated into matched betting terms, this gives us a guaranteed profit of £70.00 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.
This offer is only available to UK residents.
We must place 5 separate bets of £10.00 or more on the Australian Open at odds of 1.50 (1/2) or above. Our qualifying bets must be settled on the same day to be eligible for the free bet. This offer can be redeemed up to twice (2) per day, meaning we can receive a maximum of £20.00 in free bets each day.
Given the minimum odds requirement of 1.50 (1/2), it’s probably a good idea to stick to the match winner markets.
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.
So we will lose £4.00 in qualifying for each of our £10.00 free bets.
Free Bets:
Our free bets will be credited upon settlement of our five qualifying bets and will be valid for 7 days. Our free bets can be used on any Australian Open market at maximum odds of 7/1 (8.0).
By using straightforward matched betting, we should be able to extract at least 75% of each £10.00 free bet, so approximately £7.50. If we take into consideration our qualifying loss of £4.00, we should make a guaranteed profit of £3.50 on each free bet and given that we can claim two free bets each day, this gives us a daily profit of £7.00.
This promotion is active for 10 days (Monday 18th January 2016 until Wednesday 27th January 2016), giving us a guaranteed overall profit of £70.00!
If you’re not sure how to extract 75% of our £10.00 free bets, please see my Free Bet Strategy page for a walk-through guide on how it should be done.
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Matt Kirman – Matched Betting Blogger
Since 2014, I’ve blogged over £90,000 worth of profit, and made it my mission to make matched betting accessible to everyone.