How To Profit From BetBright Odds
December 22, 2017
BetBright is a relatively new bookmaker but has an experienced team behind the scenes, with decades of industry experience between them. Launched in 2014, the betting site is already a direct competitor to some of the more established online bookies. The firm promotes a good range of promotions and has competitive odds, both of which can be helpful when matched betting.
Matched Betting With BetBright
BetBright currently offers new customers a 100% bonus up to £100. This signup offer comes with a 5x wagering requirement on the combined deposit and bonus amount. When matched betting, you can expect to generate a cash profit of £50 or more. A betting bank of at least £900 is recommended when looking to take advantage of this promo. Premium users of MatchedBets.com get full instructions of how to complete the offer.
Begin by using our bespoke oddsmatcher to find a close match between BetBright odds and the exchange lay price for the very same bet. A lay bet is to bet something won’t win, essentially allowing you to cover both possible outcomes. Our odds matching software is prest to account for the minimum odds requirement of 4/5 (1.80).
A quick click or tap on one of the search results will open up and populate the data in our matched betting calculator. By setting your desired stake in ‘Normal Bet’ mode, you will be given a suggested lay amount. Place the bookmaker bet first and then the exchange lay bet. Once both bets are placed, you can save it to your dashboard with a single click.
To make the most of this offer, it’s best to lose the bookmaker bet to avoid needing to complete any wagering requirements. If the bookmaker bet wins, simply repeat the process until the wagering is complete or the entire bookmaker balance is lost to the exchange. It is possible to make as much as £90 from this offer, if you get a very close match and lose the bookmaker bet at the first attempt.
Other BetBright Offers
Once you have enjoyed the welcome offer, there are more promotions to enjoy for existing customers. These offers from BetBright and other bookmakers are what allow matched betting to be a sustainable way to make money online.
A good example of this is BetBright Money Back 2nd. Promoted around high-profile horse races, it gives up to £20 free bet refund if your chosen runner comes second. The maximum free bet refund can easily be converted into around £16 cash through matched betting. Although you won’t hit on every time, advantage play suggests an estimated value of £4 over long-term play.
There are also racing offers for beaten by less than a length (Jumps) and beaten by less than a nack (Flat). On top of this, there is also BetBright Best Odds Guaranteed which ensures that you receive the best payout between the fixed-odds price you took and the official Starting Price.
Another BetBright incentive is the offer of a percentage of net losses back as a free bet. This is most commonly 25% but can be as high as 50% on selected events. Once again, matched betting can be used to make these promotions pay. By laying off your bets for a minimal qualifying loss, you can convert any free bets from the rebate into a real money profit.