Today’s matched betting opportunity is using Jaxx‘s £25.00 Free Bet offer to give you a guaranteed profit of £18.48! In this matched bet, we use Jaxx and Betfair to make our profit. If you’ve never registered an account at Jaxx 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!
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 Jaxx and Betfair.
| Part 1 – Qualifying Bet | Part 2 – Profit Bet | |
|---|---|---|
| Teams | Liverpool v Atl Madrid | Villarreal v Barcelona |
| League | UEFA Europa League | Spanish Soccer - Primera Division |
| Date | Thursday 29 Apr 2010 - 20:05 | Saturday 01 May 2010 - 21:00 |
| Back | Back Liverpool to Win with £25.00 at 1.6 |
Back Villarreal to Win with £25.00 at 6.4 |
| Lay | Lay Liverpool to Win with £25.16 at 1.64 |
Lay Villarreal to Win with £20.61 at 6.6 |
| Profit | £1.10 loss | £19.58 profit |
| Overall Profit | Overall, your profit is £18.48! | |
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 Jaxx account
Jaxx 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 Jaxx 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 Jaxx to give us a free bet, which we then use to make our profit from. Jaxx requires us to bet at odds of 1.6 or better (8/5 in fractions) in order to qualify for the free bet.
This is the first match we’re interested in:
- BACK Liverpool to Win at Jaxx with £25.00 at odds of 1.6
- LAY Liverpool to Win at Betfair with £25.16 at odds of 1.64. To place this bet, hit the lay button, then enter £25.16 into the stake box, this will then show a liability of £16.10 .
- You will need £16.10 in your Betfair account to cover this liability, plus your stake of £25.16, which means you need a total of £16.10 in your Betfair account for this bet.
- In summary, the total amount of money you need to use is £41.10 (£25.00 at Jaxx + £16.10 at Betfair).
- This bet gives you a £1.10 loss.
You’ve now made a £1.10 loss but a £25.00 bet will be shortly be credited to your account at Jaxx. 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:
- BACK Villarreal to Win at Jaxx with £25.00 at odds of 6.4
- LAY Villarreal to Win with £20.61 at odds of 6.6. To place this bet, hit the lay button, then enter £20.61 into the stake box, this will then show a liability of £115.42 .
- You will need £115.42 in your Betfair account to cover this liability, plus your stake of £20.61, which means you need a total of £115.42 in your Betfair account for this bet.
- In summary, the total amount of money you need to use is £140.42 (The free bet of £25.00 at Jaxx + £115.42 at Betfair).
- This bet gives you a £19.58 profit.
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.
