Right now at Redbet you can deposit £50 and wager £100 to get a free £20 bet each week. There’s an alternative option to deposit £25 and wager £50 to get a free £10 bet too. However, from a matched betting perspective, the former is much more lucrative and can significantly add to your weekly takings.
The Redbet Bet £100 Get £20 Free Bet offer has a few simple terms and conditions to adhere to. We will refer to the maximum free bet offer here. To begin with you must make a deposit of a minimum of £50 in one single transaction, smaller deposits that total £50 will not count. You must then place real money bets totalling £100, this can be a series of smaller bets or one single bet. Qualifying bets must have minimum odds of evens 2.0 and be placed between Monday to Sunday. Cashed out bets and bets and free bets will not qualify. The offer is also unavailable to customers that use Neteller, Paysafe, Skrill or Skrill 1-Tap as their deposit method. The offer does not apply to bets on 2-way markets (Asian Handicap, Over/Under etc.)
Meet the qualifying criteria and you’ll be awarded a £20 free bet. The free bet will remain valid for use for 7 days from the moment is issued. The free bet can only be used on the sportsbook, no casino wagering is permitted. The value of the free bet stake will not be included in any returns but all winnings are free from wagering requirements and can be withdrawn. The offer can be claimed once per week (Mon-Sun).
This is a fantastic offer when matched betting. By seeking a close match between Redbet odds and the lay price on a betting exchange, the qualifying loss can be kept to a minimum. Once the free bet is received, you can place a bet and lay against it to generate a cash profit. Working out the lay stake can be done with ease using the matched betting calculator in the MatchedBets.com premium area. This offer has an expected value of £10 and can be claimed weekly, meaning you could generate over £500 per year from this promo.
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