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Getting Started - Step 3

Finding Suitable Bets To Qualify For Your Free Bet Money

Ok, in the example below we have shown what each bookie screen will look like (if you have never placed a bet before).

In order to help with finding suitable bets, we have an oddsmatcher tool which focuses on European football. If there are no matches on here chances are you are enjoying the British summer! Worry not, as finding your own bets can be fun. Just remember to have a browser window open for each bookie, select the same markets and then compare the odds between the 2 companies. Easy!

You can click on our ODDS MATCHER link next to the home button to check for the matches if shown. Select Betfred (or simply go to the Betfred page by clicking the Betfred link on the right of the page). A full list of events will usually appear and the top most event will have the closest odds. You are looking to find any odds you can for Betfred above 2.0. When you have found one at back odds over 2.0 click it and you will see the Lay Odds from Betfair or BetDaq.

BEFORE YOU PLACE THE BETS YOU MUST CHECK AT BETFRED AND BETFAIR THAT THE BACK AND LAY ODDS ARE AS CLOSE AS POSSIBLE. THE CLOSER THE NUMBERS MOVE TOGETHER THE MORE PROFIT YOU WILL MAKE - READ MORE ABOUT THIS IN DETAIL.

Go to BETFRED and BETFAIR to compare the odds for the selection of your choice.

Firstly, make sure you are viewing all the odds as decimals and not fractions.

In our example we are showing the football match between Racing Club and Boca Juniors (Argentina - Clausura)

Notice we have circled Boca Juniors to win at odds of 2.6

Notice we have circled Boca Juniors (Away) - the odds for them to win are 2.6.

Betting Slip at SkyBet for Boca Juniors at 2.7

 

Notice we have entered our £50 Back stake on this bet.

DO NOT PLACE YOUR BET UNTIL YOU HAVE LOGGED INTO BETFAIR AND CHECKED THE LAY ODDS ARE STILL WHAT WE SAY THEY SHOULD BE IN THE SCROLLING WINDOW (OR VERY CLOSE)

Open a new browser window and go to Betfair (click below for the link)

Now you must log in and find the Lay bet we recommend

Here is our example Lay bet:

Lay bet for Boca Juniors at 2.7

Notice how close the Back odds are compared to the Lay odds: 2.6 at Betfred against 2.7 at Betfair. Remember this is for the same selection and the closer the better. This is your aim when looking for a qualifying bet.

If your back bet (bookie) odds are similar to the lay odds (betting exchange) as in our example you are ready to place your bet at Betfred, BUT DON’T DO IT YET.

Before you have placed your bet, return to Betfair and we will show you how to Lay the correct amount of money to compensate for your bet at Betfred.

To help you find the Lay Risk, see our FREE MONEY CALCULATOR below:

TO USE OUR FREE CALCULATOR YOU MUST TAKE 1 MINUTE TO REGISTER OTHERWISE THE CALCULATOR WILL NOT WORK

Now enter these figures:

Back stake = £50 (this is your £50 you deposited at Betfred)

Stake Forfeit = 0 (You are not forfeiting your stake as this is not your free bet)

Back Odds = The Back odds for the bet you want to place at Betfred - our example shows 2.6 (enter your selected odds for the Back bet you have in mind)

Lay Odds = The Lay odds for the same event at Betfair - our example shows 2.7 (enter your selected odds for your Lay bet)

Back Commission = 0

Lay Commission = 5%

Now hit CALCULATE and scroll back down to see the calculator figures.

LAY STAKE
£0.00
  What's This ?

Back Return:  £0.00 What's This ? Lay Risk:  £0.00 What's This ?
Back Profit:  £0.00 What's This ? Lay Profit:  £0.00 What's This ?
Back Stake:   What's This ? Stake Forfeit:   What's This ?
Back Odds:   What's This ? Lay Odds:   What's This ?
Back Commission:   What's This ? Lay Commission %:   What's This ?

Look at your Back Profit and Lay Profit boxes. you will see they are identical which means you will win this amount whatever the outcome. Subtract this figure from your £50 stake which you deposited. This sum will be in the region of £0.50 to £5 and is the cost of your free bet depending upon the closeness of the odds between the Back and Lay bets placed (the closer the odds are together, the less the cost of your free bet)

Whatever the LAY STAKE is - this is the figure you need to enter at Betfair. (Below)

Lay Stake figure from calculator

Follow the instructions above.

You will see in our example that the total liability on these bets is £83.40 - this figure should match the figure for the Lay Risk in your calculator.

Don't worry, you are not actually betting the Lay Stake amount here. This is just the amount you will need to have in your Betfair account. Remember if you lose the bet at the exchange, you win at the bookie and vice versa. Whatever the calculator says for the Back Profit and Lay Profit is the amount that will be returned from either Betfred or Betfair. Yes this will probably be slightly less than your original stake at the bookie, but now you have qualified for the free bet on offer. Spend a little to get a lot !

Place your Bets!

C O N T I N U E  Free Bet
BETTING EXCHANGE FREE BETS
Free Bet
Moneybookers £0 starstarstarstarstar
Free Bet
Betfair £50 starstarstarstarstar
Free Bet
BETDAQ £500 starstarstarstarstar
Free Bet
WBX £25 starstarstar
BOOKMAKER FREE BETS
Free Bet
Ladbrokes £100 starstarstarstarstar
Free Bet
SkyBet £30 starstarstarstarstar
Free Bet
Paddypower £50 starstarstarstarstar
Free Bet
SeanieMac £50 starstarstar
Free Bet
Winner £25 starstarstarstar
Free Bet
BetButler £25 starstarstarstarstar
Free Bet
BetFred £25 starstarstarstarstar
Free Bet
BoyleSports £50 starstarstarstar
Free Bet
Sportingbet £50 starstar
Free Bet
Coral £50 starstarstarstarstar
Free Bet
Titan Bet £25 starstarstarstarstar
Free Bet
GR88 £100 starstarstar
Free Bet
">Bet at Home £15 starstarstar
Free Bet
William Hill £25 starstarstarstarstar
Free Bet
BetBright £30 starstarstar
Free Bet
Bwin £30 starstarstarstarstar
Free Bet
888 £88 starstarstar
Free Bet
188BET £50 starstar
Free Bet
Betdash £0 starstarstarstar
Free Bet
Totesport £10 starstarstarstar
Free Bet
ACbet £200 starstarstar
Free Bet
10Bet £95 starstarstarstarstar
Free Bet
Zeturf £80 starstarstarstar
Free Bet
MyBet £100 starstarstarstar
Free Bet
Bet770 £70 starstarstar
Free Bet
Stan James £10 starstarstarstar
Free Bet
Expekt £50 starstarstarstar
Free Bet
BetClic £30 starstarstarstarstar
Free Bet
youwin £25 starstarstar
Free Bet
5Dimes £30 starstar
Free Bet
Gamebookers £30 starstarstar
Free Bet
RedBet £50 starstar
Free Bet
Jaxx £0
Free Bet
Doxxbet £100 starstar
Free Bet
Pinnacle Sports £0
Free Bet
12bet £0 star
Free Bet
Centre Bet £5 starstar
Free Bet
Bet365 £200 starstarstarstarstar
Free Bet
Betinternet £25 starstarstarstar
Free Bet
Interwetten £100 starstarstarstar
Free Bet
WONGA £0 starstarstar
Free Bet
Football Pools £10 starstar
Free Bet
Party Bet £25 starstarstar
Free Bet
Intertops £100 starstarstar
Free Bet
Betsafe £25 starstar
Free Bet
Betway £25 starstarstarstarstar
Free Bet
Unibet £20 starstarstarstar
Free Bet
Betboo £25 starstar
Free Bet
BetCRIS £50 starstarstar
Free Bet
Iwager £20 starstar
Free Bet
Linesmaker £30 star
Free Bet
Hailmary £20 starstar
Free Bet
Goal Win £10 starstar
Free Bet
Odds Maker £25 starstar
Free Bet
BG Bet £0 star
Free Bet
Betafterbet £0 star
Free Bet
Jenningsbet £0 starstarstarstar
Free Bet
Sunderlands £0
Free Bet
Canbet £0 starstar
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