Make Money Online With The William Hill Free Bet
November 14, 2017
The William Hill free bet is one of the most popular signup offers around. Not only does it offer great value but it is very easy to claim. All that you need to do is register an account using promocode C30, then bet £10 or more at minimum odds of 1/2 (1.50) to receive £30 in free bets. When matched betting, the new customer offer can be converted into an expected cash profit of around £23. Because it’s so easy to complete, we have included it in the Matched Bets free trial along with two other signups that you can use to make a combined profit in the region of £50.
How To Make Money From The William Hill Free Bet
If you’re wondering what matched betting is and how it can be used to make money online, then allow us to demonstrate using the William Hill free bet as an example. We use betting exchanges such as Betfair or Smarkets when matched betting. This allows us to place a lay bet, which is to bet that something won’t win. By doing this, you can cover both possible outcomes.
In order to trigger the William Hill free bet, a £10 real money wager must be staked. By seeking a close match between the bookmaker odds and those on Betfair, we can significantly reduce the cost of qualifying for the offer. This can be done with ease, thanks to our industry-leading oddsmatcher software.
Let’s say you spot a good match for Arsenal to win a football match with back odds of 1.50 and Betfair lay odds of 1.55. By entering these details into our matched betting calculator with a £10 stake, the advised lay bet would be £10, producing the following possible outcomes;
- Arsenal win; £15 return at William Hill – £5.50 loss on Betfair = -50p
- Arsenal lose; £10 loss at William Hill + £9.50 profit on Betfair (£10 – 5% commission) = -50p
No matter what happens you will be down by 50 pence or to put it another way, you have saved £9.50 compared to qualifying for the free bets in the normal way.
The £30 in free bets are credited as three separate £10 free bet tokens. These can be used to generate a real money profit. As we are no longer betting with real cash, a different calculator setting is used but the same basic principles apply. We will place a lay bet against each free bet to engineer a profit.
Let’s assume there’s a Correct Score football bet for Southampton to win a match 1-0 and William Hill has it priced up at 9.50. With Betfair lay odds of 10.00 and a £10 free bet stake, the matched betting calculator would recommend a lay stake of £8.54. Here’s how that could play out;
- Bet wins; £85 return at William Hill – £76.86 loss at Betfair = £8.14
- Bet loses; £0 profit/loss at William Hill + £8.11 return at Betfair (£8.54 – 5% commission) = £8.11
The same process can be repeated for each of your free bets, with each one being worth around £8. By deducting the 50p qualifying loss from the expected return from the free bets, you can see how we arrive at the estimated profit figure of £23.
William Hill Sports Betting Offers
After turning the William Hill free bet into an expected cash profit, there are more ways to make money with this bookie. Ongoing promotions for existing customers also have value to matched bettors. The same basic matched betting principles apply in that you will be looking to keep qualifying losses to a minimum. However, a free bet may not be earned every single time but by playing each offer multiple times, you can turn a profit in the long run.
William Hill horse racing offers can be particularly lucrative. In the Flat season you can earn a 15% winning boost as a free bet up to £100, if your horse wins by 2 lengths or more. During the Jumps season, the winning distance of the offer changes to five lengths. With the maximum bonus being worth around £80 cash when matched betting, you can see the value of playing these offers.
William Hill 4 Means More is a brilliant football promotion. It offers 15% extra on top of your winnings as a free bet, if 4 or more goals are scored in the game you have bet on. Again, the maximum bonus is capped at £100, making it a very lucrative offer when things fall right. The featured matches for this offer are usually televised and the competitive odds allow for minimal qualifying losses.
You can also make money from William Hill Acca Five Insurance. It’s an accumulator offer that gives up to £20 free bet when one leg of your 5-Fold acca bet fails. Matched Bets provides clear and concise instructions of how to complete accumulator offers, with all of the resources you need to make them pay. The William Hill offer is also included in our revolutionary Acca Backer software, which automatically generates profitable accas for you.
Other offers by this bookie include a daily Odds Boost on mobile which allows you to create and profit from arbitrage opportunities. It can even be used to increase the odds of your accumulators. There are also promotions for NFL, Rugby and Greyhound racing, plus one off specials on high profile boxing and other sporting spectacles.
William Hill Casino Promotions
The firm also has numerous casino and games sections on it’s website. As a sports customer, you can use your login details to access these areas and take advantage of casino promotions. These offers change regularly but can add substantial value to your matched betting exploits.
The ones to look out for are no deposit bonuses and free spins with no wagering requirements. You can play through the bonuses and try to beat the house, just remember to avoid using your own money once the bonus has been used. Matched Bets premium users get access to strategies and advice for these offers, along with over 50 signups and hundreds of reloads.