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£17.35 No Risk Profit from Bet Chronicle

Sorry, but this particular matched betting opportunity has now expired.
All this means is that the information below applies to events that have long since finished. Just check out our latest matched bets for the newest and best tips!

Bet Chronicle are offering a nice simple free bet of £25.00, which with this matched bet will give you a guaranteed profit of £17.35! If you’ve never registered an account at Bet Chronicle before, then you can register to get the free bet and therefore make some profit. Read on to find how to place this no risk bet!

Register with Bet Chronicle using the bonus claim code of BET25, deposit at least £25, and then place your first bet. Once your bet has been settled, Bet Chronicle will credit your account with a free bet of the same size as your first bet, up to a maximum of £25. So place a first bet of £25 and receive a £25 free bet.

Matched Bet Summary

For those of you who know what you’re doing, here’s a summary of the bet. This tip is specifically for Bet Chronicle and Betfair.

  Part 1 – Qualifying Bet Part 2 – Profit Bet
Teams Wycombe v Gillingham Kaiserslautern v Augsburg
League English Soccer - Coca-Cola League One German Soccer - Bundesliga 2
Date Saturday 08 May 2010 - 15:00 Sunday 09 May 2010 - 14:00
Back Back Gillingham to Win
with £25.00 at 2.4
Back Augsburg to Win
with £25.00 at 5.2
Lay Lay Gillingham to Win
with £25.32 at 2.42
Lay Augsburg to Win
with £19.27 at 5.5
Profit £0.95 loss £18.30 profit
Overall Profit Overall, your profit is £17.35!

Step 1 – Register a Betfair Account

If you haven’t already done so, register for a free account with Betfair. They give you a completely no risk free bet of £25, so check out the Befair free bet details to find out how you can profit from this free bet.

Make sure you use the Refer and Earn Code BET234 to get your free bet.

Step 2 – Register a Bet Chronicle account

Bet Chronicle are currently offering a free bet of £25.00 when you deposit £25.00, and then place a bet of £25.00 (read more details about the free bet). So register for the account, and just deposit £25.00.

To make things easier, change the setting on Bet Chronicle to show decimal odds rather than fractional odds.

Step 3 – Getting our free bet – The Qualifying Bet

Now that we have the betting accounts all registered, we’re ready to place our qualifying bet. This is the bet we need to place in order to trigger Bet Chronicle to give us a free bet, which we then use to make our profit from. Bet Chronicle requires us to bet at odds of 2.0 or better (otherwise called evens) in order to qualify for the free bet.

This is the first match we’re interested in:

Wycombe v Gillingham
English Soccer - Coca-Cola League One
Saturday 08 May 2010 - 15:00
  1. BACK Gillingham to Win at Bet Chronicle with £25.00 at odds of 2.4
  2. LAY Gillingham to Win at Betfair with £25.32 at odds of 2.42. To place this bet, hit the lay button, then enter £25.32 into the stake box, this will then show a liability of £35.95 .
  3. You will need £35.95 in your Betfair account to cover this liability, plus your stake of £25.32, which means you need a total of £35.95 in your Betfair account for this bet.
  4. In summary, the total amount of money you need to use is £60.95 (£25.00 at Bet Chronicle + £35.95 at Betfair).
  5. This bet gives you a £0.95 loss.

You’ve now made a £0.95 loss but a £25.00 bet will be shortly be credited to your account at Bet Chronicle. So with this £25.00 free bet, we are now going to turn it into withdrawable cash.

Step 4 – The Guaranteed Profit Bet

Now that we’ve qualified for our £25.00 free bet, we want to turn that bet into cash that we can withdraw. This is the second match that we’re interested in:

Kaiserslautern v Augsburg
German Soccer - Bundesliga 2
Sunday 09 May 2010 - 14:00
  1. BACK Augsburg to Win at Bet Chronicle with £25.00 at odds of 5.2
  2. LAY Augsburg to Win with £19.27 at odds of 5.5. To place this bet, hit the lay button, then enter £19.27 into the stake box, this will then show a liability of £86.70 .
  3. You will need £86.70 in your Betfair account to cover this liability, plus your stake of £19.27, which means you need a total of £86.70 in your Betfair account for this bet.
  4. In summary, the total amount of money you need to use is £111.70 (The free bet of £25.00 at Bet Chronicle + £86.70 at Betfair).
  5. This bet gives you a £18.30 profit.
Overall, your guaranteed profit is £17.35!

Have the odds changed?

If the odds have changed, you can use our matched betting calculator to work out what your stakes should be. Or you can leave a comment and we’ll update the tip.

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