New member free bets

  • Hi Guys,

    I’ve just come across the site and find it very interesting. I’ve read through the strategy guides multiple times and think I now understand matched betting. I don’t have many online accounts so thought I would start to work my way through the free bets.

    Quick question to make sure I fully understand.

    If I take the Bet-at-Home offer I receive 50% up to £20, so I deposit £40 and receive £20.

    I now find a appropriate bet selection using oddsmonkey, so lets choose Stoke v Man Utd on 26th as a example.

    Back bet 3.28 (Bet-at-Home)
    Lay bet 3.5 (Smarkets)

    So using the calculator I make £12.84 whatever the outcome.

    Is that correct and are their any other advice you can give me?

    Many thanks and great site

    SB

  • betty 0

    Check the wagering requirements. If you don’t loose into your smarkets account then you’ll have to play through the wagering requirements which is usually fairly high.

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    shaneMB
    Blocked
    0

    Also, the higher the odds the better for SNR bets, assuming they are still fairly close of course.

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    sb1059240 0

    Thanks for the replies.

    So basically I’m looking for my lay bet to win so I don’t need to play through the wager?

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    sam 0

    Use required money wagered to withdraw at the bookie (worst case aside from getting banned) as stake in your outcome calculations. Compare with bonus.

    I.e. at one bookie I had to wager 1500 after getting 100 deposit bonus. Most of my bets were at a loss of ~2%. Hence I lost 1500*0.02=30, resulting in 100-30=70 profit.

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    RyanB 10

    To start off i’d use the straight forward free bets which require no rollover or anything…stick with the big boys when you start Sky, Ladbrokes, William Hill, Paddy Power, Coral…they are all good starting offers!

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