betbright sign up offer
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Hoping someone can give me a bit of advice here. Im wanting to sign up to betbright and get the £30 welcome offer but I notice it says they will refund your £30 bet if it loses. What happens if it wins? Do you keep getting the £30 until it loses? Any help appreciated.
+0March 11, 2016 at 5:44 pm
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New to matched betting?
My Matched Betting Academy is the best place to get started. Learning the fundamentals takes 10-15 minutes and you’ll make £15 in the process.
Learning the fundamentals takes 10-15 minutes and you’ll make £15 in the process.
They don’t keep giving you bets until you lose, its for the first one you place. so treat the first bet as a “free bet on lose”
Easiest way is to take 75-80% of the value of the bet and put that in the stake forfeit part of your spreadsheet. That way, if you win you have underlaid and don’t pay so much out on the lay side, if you lose you get the free bet.
This needs high odds, so look for a match around 6/1 – 10/1, footie correct scores or HT/FT are usually ok, although betbright are not very competitive TBH
Good luck+0
If it wins, the offer is over. Treat it as a risk free bet.
If I were you, I would wait til next week as BetBright are almost guaranteed to offer an enhanced new customer offer for Cheltenham. Maybe bet £50, get £50 free bet or something like that.
+0Thanks for the advice guys. If I use the calculator on here would it be as a free bet or a risk free bet? Many thanks
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Quote “Treat it as a risk free bet” end quote
30 stake, 80% extraction = 24 cashback. Put in the values and lay as normal. Simple as that
+0Got it now. Thanks again guys
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Since it’s quiet this week I thought I’d do this sign up. I Created an account with them and deposited £30, then tried to place a £30 bet on the 1405 Chepstow race today. It didn’t allow me to wage £30, said maximum bet was £28.57 which I thought was strange since the signup offer was stating £30. Anyway, I just went ahead and placed £28 @ 8.0. I’ve now just double checked the bet and it says there is -55% reduction factor. The price on the horse I bet has dropped significantly since I bet. There are still 12 runners in the race. Surely my winnings cant be reduced by 55% should the horse win? I’ve searched about a bit for a clear explanation of this reduction factor with no success.
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