Betfred - £21.31 No Risk Profit
(last updated : 03/08/2008)
Betfred are offering a free bet for all new customers. If you place a bet between £5 and £50 (at odds of 2.00 or more), they will credit your account with a free bet of the same size. The best way to take advantage of this offer, is to place a bet of £50 that will cause the minimal loss possible. You will then be credited with the £50 free bet. (If you place 5 further bets at £10 or more you will receive a second £50 free bet.) You require a Betfair account to take advantage of this deal. You can make over £24 profit from signing up to Betfair, click here for more details.
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The nrbet team have calculated an easy way to guaranteed risk free profit for you:
Hearts Vs Motherwell
Scottish Premier League
15:00 Saturday 09/08/2008
At Betfred BACK Hearts with £50 at odds of Evens (2.00) (if Hearts win you will receive £100.00)
At Betfair LAY Hearts. with £42.92 (this is the backer's stake, so enter this figure into the backer's stake box, which will show a liability of £59.23) @ 2.38 you will require £59.23 in your Betfair account to cover this. (if Hearts do not win you will receive £100.00)
If the odds have changed since this page was updated, you can use our Matched Betting Calculator to recalculate the bets.
Outlay : £109.23
Return : £100.00 regardless of the outcome!
Profit/Loss: -£9.23
You have made a loss of £9.23, but you will now receive a £50 free bet from Betfred.
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When the free £50 bet (please note that the stake of the £50 free bet will not be returned, just the winnings) is credited, we suggest placing the following bets :
Hearts Vs Motherwell
Scottish Premier League
15:00 Saturday 09/08/2008
At Betfred BACK the Draw with £50 free bet at odds of 9/4 (3.25) (if it is a Draw you will receive £112.50 (the free £50 stake is not returned))
At Betfair LAY the Draw with £32.14 (this is the backer's stake, so enter this figure into the backer's stake box, which will show a liability of £81.96) @ 3.55 you will require £81.96 in your Betfair account to cover this. (if it is not a draw you will receive £112.50)
If the odds have changed since this page was updated, you can use our Matched Betting Calculator to recalculate the bets.
Outlay : £81.96
Return : £112.50 regardless of the outcome!
Guaranteed Profit : £30.54
So, you made a loss of £9.23 from your qualifying bet, and a £30.54 profit from your free bet, overall a guaranteed profit of £21.31