In this article I will try to explain what a sign up offer is and how can you take use it for your matched betting profits. Let’s start with one of the easiest offers out there, the Betvision signup offer: Bet £10 Get £10 in Free Bets. Same rules apply to other sign up offers, such as Coral, Betfred, Ladbrokes and what ever other bookies are out there.
Please remember to read carefully the offer’s T&C before committing. Is possible that the offer has changed from the time of this article have been written.
Again, keep in mind this is through the perspective of my own experience and before you go ahead please, ensure you’ve read the disclaimer.
[Disclaimer: Gamble Aware 18+, AD]
Table of Contents
a) Understand The Sign Up Offer
- Look for the Betvision signup offer – Deposit £10, Get £10 in Free Bets.
- Deposit £10. Using a debit or credit card. (Consider depositing a larger amount – I’ve would recommend £10 multiples -e.g £20, £30, etc.) DEPOSITING USING SKRILL, PAYPAL OR NETELLER WILL MAKE YOU INELIGIBLE FOR THE BONUS (that’s why is important to read the T&C’s of the offer).
Sign Up for Odds Monkey
b) Place Your Qualification Bet
- Use the odds matcher to find a suitable matched betting opportunity – Use the button to signup for FREE on OddsMonkey, where you can find an odds matcher and more useful tools.
- Use the calculator in ‘Normal’ mode. Either you can use the one in OddsMonkey, either you can use the one created by me – here.
- Place a qualification BACK bet of £10 at Betvision. (Minimum odds 2.00)
- LAY the opposing view at your chosen exchange market or if you aren’t a member yet, you can signup with Smarkets through OddsMonkey, they have a 0% commission offer at the moment (at least was at the time I’ve updated this article)
- Once you received your £10 free bet – usually will be credited in 24H after your qualifying bet is settled – you are ready to start match betting
c) Enjoy Your Free Bet
- As before, you will need to use the odds matcher to find a suitable matched betting opportunity. Look for odds over 5.0 to maximise your profits.
- Use the calculator in ‘Stake NOT Return’ mode to calculate your matched bet.
- Place a follow-up BACK bet with your free £10 bet at Betvision
- LAY the opposing view at the exchange.
- Estimated value of this Betvision signup offer is £6+. And like that you’ve earned at least £6 with just a little bit of effort, an odds matcher and a calculator. I highly recommend tracking your bets, either you do it on a spreadsheet or you can do it in your account at the chosen odds matcher platform.