Vernons Offer – Wimbledon 2016

Grab a free bet every day during Wimbledon 2016 with Vernons. Simply place five bets of £5.00 or more in play on any given day and Vernons will give us a £5.00 free bet the next day. Translated into matched betting terms, this gives us a guaranteed profit of £42.00 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.

We must place our qualifying bets in play, at odds of 1.50 (1/2) or greater. With this in mind, 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 my matched betting calculator.

So we will lose £1.00 in qualifying for each £5.00 free bet.

Free Bets:

Free bets will be credited within 24 hours of qualifying bet settlement and will be valid for 7 days. Free bet stakes are not included in any returns.

By using straightforward matched betting, we should be able to extract at least 80% of each £5.00 free bet, so approximately £4.00. If we take into consideration our total daily qualifying loss of £1.00, we should make a guaranteed daily profit of £3.00.

Given that the tournament is played over 14 days, between Monday 27th June 2016 and Sunday 10th July 2016, this gives us a guaranteed overall profit of £42.00 on this Vernons offer!

NOTE: Please be aware of the different retirement rules set by Vernons and Smarkets.