Betfair Sportsbook Amazing Matched Betting Offer
August 19, 2016
Betfair Sportsbook has stepped up this weekend with an amazing matched betting offer on Manchester United vs Southampton and it’s available to existing customers.
Online betting sites normally reserve the best offers for new customers and Betfair has a very good deal with its Bet £10 Get £30 for anyone registering at the Sportsbook for the first time. When matched betting, this sign up offer is typically worth around £23 – £24 so it comes as no surprise to see this latest offer has got the internet and social media abuzz with anticipation.
Betfair is giving almost every one of its customers a £50 free bet for betting £50 in-play on the live televised Premier League game between the Red Devils and the Saints at Old Trafford on Friday night. This offer will be turned into £35 or more guaranteed, risk-free profit for just a few minutes matched betting, that’s almost 50% more than the sign up offer.
Just place a £50 bet in-play at odds of 1.2 or more, lay it off on a betting exchange and you’ll a get a free bet of the same value which can be used on any sports.The Draw No Bet and Half Time Draw No Bet markets are excluded from the offer but you should have little difficulty to match bets for a qualifying loss of £5 or less. Free bets will be credited on Saturday morning and Matched Bets members can quickly convert it into £40 cash using the Odds Matcher to find a close match with SNR rating of 80% or more.
How to use matched betting to earn a free bet
If you’re new to matched betting, you’ll need to understand how backing and laying the same selection can earn a free bet for minimal loss on the qualifying bet. Click here to read all about matched betting.
This Betfair offer will require you to find your own match for the qualifying bet because, up to now, it’s not possible to use odds matching software to compare in-play odds on the exchange and bookmaker websites. Do it yourself by opening Betfair Sportsbook’s in-play console for the game and do the same on another betting exchange, like Smarkets.
In-play markets can be quite volatile so it might be best to wait until half-time when the prices tend to hold steady for longer. Look for markets with odds close to the 1.2 minimum allowed in the terms, although any market with an odds on selection could suffice. Use a matched betting calculator to work out the qualifying loss and once satisfied, place the back bet with the Sportsbook and lay it on the exchange.
How to use matched betting to convert your free bet into cash
Locking in the guaranteed profit for the free bet is much easier. Use the Odds Matcher to find a close match on Betfair, select the bet and the integrated matched betting calculator will automatically work out the lay stakes for you.
Place the free bet on the market you’ve chosen and lay it at the advised stake on the exchange. You already know how much money you’re going to make, so it’s just a matter of waiting for the result to see if the profit is in your Betfair account or exchange account,
It’s not often that we are presented with such an easy way to make so much cash in one simple hit outside of sign up incentives. Betfair can expect a flood from the hundreds of thousands of matched bettors who will want to jump all over this amazing offer.