Yes it's qualifying for free bets on many different sites
No but it does feel like you haven't read much of the tutorial
You get the free bet by placing your first bet (BOGOF) . That's it. Job done. There are other deposit bonuses which we haven't covered yet.
The 2nd bet at the bookies is your free bet. This needs to be at higher odds because the free bet stake is not returned (SNR).
Sharpeshooter has made well over 50k I'd imagine but he is a machine and too modest to brag about it here. Anything he's ever posted is trustworthy and good advice. There are some other useful sticky threads in the open forum. You can easily make a few thousand without trying too hard. Lots of small amounts soon add up