To take advantage of our matched betting tips, you need to be able to lay off the bets at a betting exchange (i.e. bet on something to lose). The world’s most popular betting exchange is Betfair. Due to being so popular, there’s a great deal of liquidity on Betfair. i.e. there’s lots of money being traded.
If you’ve never signed up to Betfair before, then read on for how you can get a completely free £25 bet…. We’ve also created a detailed guide on How to place a bet with Betfair.
Betfair are currently offering new customers a £25 no risk bet. All you have to do is sign up using the Refer and Earn Code BET234 and place a bet of up to £25. Since you get up to £25 back if you lose, it’s worth betting the whole £25 in a single bet. So what if you win…
Your £25 Free Bet – If you win
If your first bet is £25 and you win, you get your stake back (so £25) plus your winnings (based on the odds of the event you’re betting on). So if you win, you get instant profit!
We recommend you bet your first ever Betfair bet on an event that has a high likelihood of winning, even if the odds are a little low. Such as a top football team playing against a much weaker football team.
Your £25 Free Bet – If you lose
If your first bet loses, Betfair will refund you the amount of your first bet within 24 hours up to £25. So bet £25, you lose, then you get £25 back into your account! This refund can be withdrawn immediately and there are no requirements to wager it.
So, this is the simplest form of no risk bet. With this free bet, there’s a chance you could make nothing, but there is no risk of your original outlay being lost because it get’s refunded if you do lose.
Making guaranteed profits…
You need a Betfair account to make guaranteed profits from matched betting, so its best to get your £25 first bet out of the way before you go on to do some no risk bets.
