Leo Vegas are offering customers the chance to earn up to £250 in free bets and win a Mercedes Benz SLC worth £50,000. This offer begins with a £10 free bet when you place five £10 in-play bets on tennis this summer. The promotion began at 08:00 on the 12th of June 2017 and will last until 22:59 on the 30th of July 2017. In order to qualify for the offer, the in-play bets must be at odds of 1/4 (1.25) or higher.
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From a matched betting perspective, it is best just to look at the first five free bet opportunities. The first £10 free bet is awarded when you have placed five in-play bets on tennis above the minimum odds of 1/4 (1.25). You can then repeat this another four times, receiving £10 free bets after your 10th, 15th, 20th and 25th qualifying bets have been settled. Each free bet is credited as soon as the relevant qualifying bet has been settled.
For each £10 free bet, we can lock in a profit of around £4 taking into account the qualifying cost. So, for the first five free bets you will be looking at around £20 in matched betting profits. Generally speaking, the LeoVegas tennis odds are very good, so finding a good match at the Betting Exchange should not be too difficult and you be able to make more than the estimated profit amount.
After you have received the first five £10 free bets, it will take another 25 qualifying bets to receive the next £10 free bet. Thus, you will find it very difficult to continue profiting using matched betting strategies. When you get to this stage it will have to be extremely close matches and you probably won’t come out with much profit, if any at all due to qualifying losses. In order to qualify for the seventh £10 free bet, 100 in-play tennis qualifying bets would have to be settled. When matched betting, it is not really advisable to take this offer that far.
In order to qualify for the chance to win the Mercedes car, 600 qualifying bets of £10 each must be placed, by which point £250 in free bets would have been earned. Eligible players must then take part in a ‘Bet of the Day’ contest during the Rogers Cup in Montreal with a winning bet needed to progress. This process will continue through the tournament until there is only one player remaining, who will win the car.
When using your free bets, be aware that any unused free bets will expire after 72 hours. The free bet must be used all at once, and it can only be used in-play on tennis matches. Any voided or cashed out bets will not count towards qualifying. A maximum of 16 free bets can be awarded per person, account, household or IP address. You cannot use this promotion in conjunction with any other LeoVegas offer.
This promotion is just one of many listed on matchedbets.com, each with their own step by step guide in order to make sure you profit.