Part I
Part II
Part III
As a comparison let us look at a stake returned offer, like the current one at Betclic £30 free bet. The qualifying bet can be done at 2.0 odds and the free bet stake is included in any winning returns plus the free bet is credited instantly when you place your first bet so we can even cash it out on the same selection.
For this example we are using Cardiff - Celtic. Celtic are 2.90 at Betclic and 2.18 to lay at Betfair.
1. Obtaining a free bet risk free
Place a bet at Betclic to obtain a free bet or bonus and lay this selection on a betting exchange to make your liability as small as possible thereby obtaining the free bet for the lowest cost.
Here is the selected bet (see figure four to see how this was calculated).
Back Celtic at Betclic with £30 at odds of 2.30.
Lay Celtic at Betfair with £32.39 at odds of 2.18 (you will need £38.23 in your Betfair account to cover this bet’s liability).
If Celtic win we win £39 at Betclic and lose £38.23 at Betfair.
If Celtic don’t win (draw/lose) we lose £30 at Betclic and win (after commission) at Betfair £30.77.
We have gained our £30 bet or £30 of free stake money to play with.
2. Cashing out a free bet (stake returned) for risk free profit
The free £30 is instantly credited with this particular offer and the free bet stake money will be returned in the winnings if the bet wins at the Betclic so we can use 2.0 odds and still make a healthy profit, so place exactly the same bet.
Here is the selected bet (see figure five to see how this was calculated)
Back Celtic at Betclic with the free £30 at odds of 2.30
Lay Celtic at Betfair with £32.39 at odds of 2.18 (you will need £38.23 in your betfair account to cover this bet’s liability)
If Celtic win we win £69 at Betclic and lose £38.23 at Betfair for a £30.77 profit
If Celtic don’t win (draw/lose) we loss £0 at Betclic (as the free bet was our stake) and win (after commission) at Betfair £30.77 for a £30.77 profit
There are over 40 approved offers that can be used at the time of writing. So there are plenty of opportunities to grow your betting bank. As you can see you can start with a very small bankroll doing the free £10 bet offers, move onto the free £20, £25 and £50’s and beyond as your bank increases.
Plus there is also our world renowned Oddsmatcher software. Oddsmatcher does all the work for you, making it the quickest and easiest way to maximise any online free bet offer. We have access to realtime, live odds from all the leading online bookmakers and betting exchanges so generating instant risk free profits could not be easier.
What next?
One of the most frequently asked questions via our site is, “I have taken up all of the sign up offers but what do can I do next”
Well the good news is we have seen a tremendous upsurge in offers for existing customers, as bookmakers are keen for your business and to reward customer loyalty. This is a growing trend that is set to continue. Each profit might appear quite small but these are quick and easy to do and quickly accumulate into some very useful amounts over the month. Best all these are all risk free.
There can be any number of “reload” offers during any month whereby you can claim a % of your deposit typically 10-20% in the form of a free bet that has to be wagered over a certain number of times before it can be withdrawn. Also refund offers whereby bookmakers will refund your stake money if say a match ends goalless or a certain play scores the first or last goal, again these can all be turned into risk free profit. Add to that some regular casino and games offers and you have a great foundation on which to build some consistent profits on a month by month basis.
You can apply the same techniques also to telephone / mobile account offers and some bookmakers will also allow what is known as “partner friendly” bonuses, whereby a second member of the same household can sign up and get a free bet bonus too. Or you could pull some friends or family in and split the profits with them, the opportunities are huge and ongoing.
Happy Risk Free Betting!
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