Betfred sign up offer - Get £30 in Free Bets

Sign Up Offer

Betfred will give us £30 in free bets if we deposit and wager £10 of our own money.

This is a simple Bet X Get Y strategy that is perfect for new matched bettors.

You should make a profit of around £15 to £20 completing this sign up offer.

Summary

  • Minimum qualifying bet is £10 
  • Minimum odds to place our qualifying bet is 2.0
  • Our qualifying bet must settle within 60 days
  • We will receive a £30 free bet which will be valid for 7 days
  • Use a bank card to make your initial deposit otherwise you may not qualify for the promotion 
  • Full terms: Click here

Strategy

Step 1

To begin with we need to change the odds view from fractional to decimal. To do this, click on the SPORTS tab at the top left hand side of the screen under the Betfred logo, then scroll down to the middle of the screen where you find a PRICE FORMAT drop down menu on the left hand side. Click on DECIMAL.

Step 2

  • Choose a high profile match / league / cup.
  • Search for close back and lay odds as low as possible whilst keeping above odds of 2.0. You can either do this manually or by using oddsmatching software.

Step 3

  • Once you’ve found close odds, you need to work out your lay bet using the matched betting calculator set to NORMAL.
  • Place your £10 back bet with Betfred.
  • Place your lay bet with the exchange using the lay amount worked out using the calculator.

Step 4

  • Our £30 free bet will be credited in our account within 48 hours of our qualifying bet settling and must be used within 7 days.
  • We now follow the exact same process as above for our free bets, only now we are looking for higher odds to maximise our profit and we need to use the FREE BET (SNR) setting on the matched betting calculator.

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