PartyBets - £20.10 No Risk Profit
(last updated : 14/04/2008)
PartyBets are offering a £25 free bet for each new customer that signs up and places a bet sized £25 or more. The £25 free bet will be credited to your account shortly after placing your first bet. The free £25 stake is returned if you win, meaning an excellent profit can be gained from this deal! As with all the offers explained across the nrbet site, you require a Betfair account to take full advantage. If you do not have a Betfair account already, please click here to sign up, or click here to be taken to our latest no risk profit deal for the Betfair sign up promotional offer
As always, the nrbet team has calculated the best bets for you to place to take full advantage of this offer, to ensure guaranteed profit. We suggest to place the following bets
Chelsea Vs Wigan
Barclays Premiership
Saturday 12th April at 15:00
BACK Chelsea to win at PartyBets at 2/9 with £25.00
LAY (What Does Lay Mean?) Chelsea to win at Betfair at odds of 1.26 with £25.21 (this is the backer's stake) which requires you to have £6.55 in your Betfair account to cover this bet.
Outlay : £31.55 (£25 @ PartyBets + £6.55 @ Betfair)
Minimum Return :£30.55 (regardless of the score, either Betfair or PartyBets will have £24.00 available to withdraw)
Profit/Loss : -£1.05
You have now made a loss of £1.05, but will now be elligible to receive a £25 free bet.
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The £25 free bet is usually credited to your account within 24 hours. The £25 free bet must be wagered 5 times at odds of 2.0 or more before it can be withdrawn. With this in mind, we've decided the best thing to do is wager the free bet on an outcome that we do not think is likely to occur. We then lay the same outcome at Betfair, meaning that if the outcome does not occur, the profits are transferred straight to the Betfair account. If the outcome does occur, not to worry we can just place another bet. When the free £25 bet is credited we suggest placing the following bets :
Everton Vs Chelsea
Barclays Premiership
Thursday 17th April at 17:00
BACK the Draw at PartyBets at 9/4 with the £25 free bet
LAY (What Does Lay Mean?) the Draw at Betfair at odds of 3.7 with £22.26 (this is the backer's stake) which requires you to have £60.10 in your Betfair account to cover this bet.
Outlay : £60.10
Minimum Return :£81.25 (regardless of the score, either Betfair or PartyBets will have £30.55 available to withdraw)
Profit/Loss : £21.15
So a £1.05 loss to get the £25 free bet, then a £21.15 profit from using the free bet. The overall profit for signing up to PartyBets is a guaranteed risk free £20.10. If the game ends in a draw then you will need to place another bet at PartyBets. Keep an eye on this page, and once it's updated, follow the second bet suggestion.