Free bet strategy

Welcome to the free bet strategy guide. Let’s see how to make money from a free bet offer.

How to profit from a free bet offer

Let’s look at an example offer.

Grosvenor sports £25 free bet reload offer

Place your £25 qualifying bet

Find a suitable qualifying bet at 1/2 (1.5) odds or higher.

Place a £25 bet on Everton to beat West Ham at 2.02 odds with Grosvenor.

Screenshot of Grosvenor £25 free bet qualifying bet

Using Beatingbonuses.co.uk matched betting calculator.

To work out your lay stake, enter:

Then place a £24.75 lay bet on Everton at 2.06 odds on Smarkets. The liability is £26.24. Regardless of the result, you’ve taken £0.75 qualifying loss to qualify for your £25 free bet.

Grosvenor £25 qualifying bet laying at Smarket

Once your qualifying bet has settled, Grosvenor will credit a £25 free bet to use on Man Utd vs Liverpool.

Place your £25 free bet

Now let’s search for a suitable selection for your £25 free bet. After a quick scan of potential high odds selections, Sadio Mane First Goalscorer is 5.4 to back at Grosvenor.

Click on Sadio Mane in the First Goalscorer market. The selection gets added to your betting slip. Enter £25 stake and select the £25 free bet tick box. Click ‘Place Bet’ to confirm your selection.

Grosvenor £25 free bet

Now you need to cover your selection with a matching lay bet at the exchange. The free bet does not return its stake (SNR), so the lay stake needs to be slightly lower than £25.

Using Trickybet matched betting calculator. To work out your lay stake, enter:

Lay £19.03 on Sadio Mane (5.40 lay odds) in the First Goalscorer market at Smarkets. The liability is £91.35.

Free bet strategy 1

So, we will make £18.65 whatever the outcome of the free bet. Considering our £0.75 qualifying bet loss, your net profit is £17.90 from this £25 free bet offer. This represents 71.6% retention of the free bet amount.

Where next?

You can now complete basic free bet offers. Progress to larger offers as you gain experience.

Check out our other starter guides:


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