QuinnBet have decided to list an ongoing promotion in addition to their new customer offer. This comes in the form of QuinnBet’s Quarterback. The promotion gives customers the chance to get up to 25% of weekly net losses each week refunded as a free bet. Net losses means that your cumulative losses with the bookmaker must exceed your cumulative wins for the week.
From a matched betting point of view, this offer cannot be used to guarantee a profit, but there is still the potential to benefit from the promotion. The strategy is essentially to place back bets and lay against each bet on the exchange. You will then hope to lose with QuinnBet and win on the exchange. You will then be given 25% of all net losses back as a free bet, which can then be used to turn into real cash.
This offer covers all markets on the QuinnBet website, so you will be able to bet on any sports and it will still count towards qualifying. The minimum odds for any qualifying bets are 1/2 (1.5), but backing short priced favourites will mean you are less likely to get the losses that you will need.
You will need to be aware of the terms and conditions for the offer before you decide to attempt it. You will be able to receive a refund of 25% providing that your account has losses which exceed your wins. For the purpose of the offer, QuinnBet state that a qualifying week starts at 00:01 on a Monday and finishes at 23:59 on a Sunday. In order to qualify, you will need to place at least 2 bets within 50% of your highest wager. As an example, if your largest bet for that week is £30, you will then need to place at least 2 bets of £15 or more during the qualifying period.
The promotion caps your free bet refund at 150% of your previous week’s losses. You will be notified by email on the following Monday to state whether you have qualified for the offer or not. If you have, the free bet amount will be credited to you that day. The free bet must then be used within 7 days, otherwise it will expire and be removed from your account. When using the free bet, the stake will not be included with any winnings.
Sign up to MatchedBets.com and you will be able to read through our step by step guide for this offer. You will also be able to profit from betting offers on a consistent basis going forward.