Hey, I have just completed the turnover requirements for this offer and am pleased to say I did’t loose a penny of the £200 Matched deposit. In fact thanks to B365 I was up £466 in 1 month! So £666 (eek!) including the bonus which I am now able to withdraw.
If you back and lay a bet with B365 / smarkets you are going to incur a little loss unless you hit an arb which isn’t very likely for these big matches. As I write this the Italy vs Sweden match has passed so I don’t know the odds. But tomorrow is the Switzerland v France match which is 1.9 to back France and 1.95 to lay. So that is loosing you £7 on a £200 bet already. And then if you win it, you have keep playing until you turn over £1200, which if you loose £7 for every £200 you bet means you’ll have lost £42 by the time you can withdraw your £200 bonus (Unless you get lucky and loose it to the exchange on the way). I didn’t so I had to play through the £1200.
My advice is to take your time and look for profitable qualifying bets.
My approach was dutching on football matches where I could make the odd £1 or two against two other bookies. With the Euros on it was really easy to find profitable matches. I used oddschecker (free) and/or oddsmonkey (subscribed to) to find the best odds on each game and use a dutching calculator. This helped eat up a lot of the turnover requirements as I was putting on £50 bets (and on games with no offers… hope that looked good!) There was one of those big in play £50 risk free bets too which was nice.
I did some 4/1 feature races which make a pound or two by overlaying, see other forum posts for the strategy. Also what was great was the enhanced E/W odds and extra places over Ascott. I bet on a few of these with qualifying profits and even hit an extra place horse to boost the profit.
In short, a big bet might smash and grab all your bonus for you but if you are carful and take your time there is no reason to loose any of the bonus.
