Online bookmaker Black Type are looking to make a splash in a very competitive market, and they know the best way to do this is through listing special promotions. When you sign up for an account and place your first £10 bet, the bookie will give you a £5 free bet if it loses and a guaranteed £5 casino bonus no matter the result.
This is one of the easier signup offers we list on MatchedBets.com, and shouldn’t be a problem even if you are completely new to matched betting. As with any offer, there are terms and conditions that we need to be aware of. Our qualifying bet has to be worth at least £10 in real money and must be placed at odds of Evens (2.00) or greater.Claim Free Bets
It also has to be a single bet, as multiples do not count. If the first bet loses then a free bet will be credited within 24 hours of the qualifier settling. The free bet must then be used within 14 days, otherwise it will expire.
When using the free bet, the stake will not be returned in any potential winnings. The maximum amount that can be gained from the bonus is £1,000, and the offer is limited to one free bet award per person/household/IP address per day.
it is possible to make a profit from this offer with the help of the matched betting calculator. Here, we will use the ‘Freebet on loss’ option for our first bet, so the calculator can work out the ideal lay stake that we need to place. If the first bet then wins with Black Type, we will have made our profit and the offer is done.
If the bet loses, we are given a £5 free bet which can be turned into expected cash through the standard matched betting back and lay strategy. Whatever happens, we will have a casino bonus. which will give us a shot at potentially winning big. You must play through the casino bonus 20 times before you will be able to withdraw.