Bet365 are running the same offer again, a free £50 in play bet on a high profile Premier League game. I made about £30 profit from the offer last time they ran it and it should be possible to do this every time they run the offer.
Here’s the offer detail:
So firstly we need to place a “qualifying bet”.
Here’s what I’ve done. (Screengrab from http://www.ifreebet.co.uk/betcalculator )
So thats back Man City for £50 with Bet365 @ 1.90 and lay the same with Betfair for £49.22 @ 1.98. The next stage of this will be to place a £50 in play bet with Bet365 at halftime.
For this I will be looking for higher odds as this will allow me to get the most out of the free bet. It will also mean that I’ll most likely get the profit in my Betfair account which suits me better from a practical point of view.
Follow me on twitter at this evening and I’ll post my exact trade and the details of exactly what you need to do at halftime to secure your profit.
UPDATE:
I’ve now placed my £50 in play bet and under layed in on Betfair to secure a profit either way. Here’s the calculations:
So to explain, I backed over 4.5 goals in play with Bet365@ 4.33, I then layed over 4.5 goals on Betfair @ 5.2 for £32.33. You’l see from above that this gives me a profit of £30.71 however many goals are scored! Less my loss from placing the qualifying bet of £3.24 and I’ve made a profit of £27.47 for very little time or effort!
You’ll see from the above, that Bet365 have given me back the £50 I lost on the in play bet.
Paul, What does a Serie B match have to do with this bet? Check your screenshots!
Yes you are right, I should have cut the bottom off that screenshot, the website I used doesn’t allow you to choose the market so I simply selected any market and then entered my own odds to get it to do the calculations. All I used that for was to enter the £50 @ 4.33 and the lay odds of 5.2 and then it calculated my lay stake required to give an even profit on either outcome.