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£25 free bet
Simply open a new Betinternet account with the link provided below and fill out your details. Once your new Betinternet account is ready and opened simple place your first bet of between £10 and £50 on odds of evens and above (2.00) and Betinternet will rewarded you with a free bet of 50% of the original stake. This is 'stake not returned' (SNR) free bet. So when using my matched betting strategy, placing free bet, look for odds around 7.00 to get maximum profits. So if you bet £50 with your first bet Betinternet will credit you with a free bet of £25, it could not be easier. The 50% cashmatch promotion is not available to customers with correspondence addresses/IP’s addresses from Belarus, Bulgaria, Croatia, Czech Republic, Denmark, Georgia, Israel, Latvia, Lithuania, Moldova, Pakistan, Poland, Portugal, Romania, Russia, Serbia, Turkey and Ukraine.
So if your first qualifying bet is £50, you will receive £25 from BetInternet. 
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6:20 PM
£20 free bet
Open a new account, place a £10 bet and they'll give you a free £20 bet.
Valid for new customers only. Place a single bet of £10 and receive another £20 bet. Free Bet stake not included in returns. The potential returns on Bet Slip and Bet Receipt indicate returns with stake. Not valid for multiples. One free bet per customer. Free bet valid for paddypower.com sportsbook only. Free bet valid for 60 days. To redeem free bet - make your next betting selection, your free bet will appear on your betting slip. Qualifying bet must be placed at odds of 1/2 or greater. Offer cannot be used in conjunction with any other new account offer. Free bets cannot be combined with other bets on the same market, in the event of this occurring we reserve the right to void all winnings.
Following countries are excluded from Free Bet promotions: Bulgaria, Georgia, Russia, Latvia, Portugal. Moneybookers or Netteller to deposit will not qualify for this free bet offer
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Up to £50 in free bets
Betfred is offering all new customers a free bet of up to
£50To get your free bet of up to
£50, all you need to do is
open an account, place your bet of £5 or more and they’ll give you a free bet to the same value, up to a maximum of £50.
Your free bet will be credited to your account within 48 hours of your qualifying bet being settled.
Customers who deposit via Moneybookers, Neteller and PayPal are excluded from the free bet offer!
Residents of, and debit / credit cards registered in the following countries (or countries formerly part of these) will not qualify for the free bet offer: Azerbaijan, Bulgaria, China, Denmark, Finland, Georgia, Hong Kong, Hungary, Israel, Italy, Latvia, Lithuania, Macau, Malaysia, Poland, Portugal, Romania, Russia, Slovakia, Slovenia, Taiwan, Thailand, Ukraine, Union of Serbia and Montenegro and Greece.
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Step 4 - Football trading strategy
What follows is a strategy for trading soccer matches inrunning or inplay. It is simple, effective and easy to understand. Plenty of matches result in a draw, but only about 1 in 20, or 5% result in a noscore draw. Converted to digital odds this would be 20.
On Betfair’s Match Odds the only outcomes that can be bet on are:
Home Win · Away Win · Draw (there is no option to bet on noscore draws)
The method: ·
Select matches where the odds for Home Win, Away Win and Draw are reasonably in line. This does not necessarily mean that the teams are well matched and it can be useful if you can pick teams that do not have similar form.
· LAY the DRAW · When the match is underway wait for a goal to be scored (you need to be in touch with the match either by watching it on television, listening to a live radio commentary or any other means to inform you about what is going on), at which point trading will be suspended.
· When trading resumes the odds for the draw will almost certainly have moved out. · BACK the DRAW at the increased odds either to give yourself a Guaranteed Profit or a No Lose situation using the calculations you have seen in previous chapters.
Between the time you have placed your LAY BET and the time of the match the odds may move to your advantage to enable you to BACK the DRAW for a Guaranteed Profit or a NO LOSE situation. If this situation does not arise then move to the next stage. Before you use this strategy, I advocate three things: practice, practice and practice. Observe how the market behaves; get a “feel” for it. Paper trade for a time and see how At this point it is advisable to act as quickly as possible because the first odds on display following resumption of trading lean to the high side (to our advantage) and they will usually shorten soon after. Now that you know how to ask for your own odds, which you have seen in previous chapters, you may wish to ask for odds which you think will be taken. Don’t be too greedy; if the odds you ask for are too high someone is simply going to undercut you, leaving you to take the available odds. The message is act as quickly as possible following resumption of trading after a goal has been scored. As you gain confidence, and when that first goal is scored, you may wish to look for further trades. BACKING & LAYING, LAYING & BACKING, waiting for any indications that will swing odds in your favour for a profitable trade.
WHAT DO I DO IF NO GOALS ARE SCORED TOWARDS THE END OF THE MATCH?
To reduce your original liability, and if there is no alternative, it is advisable to tradeout at a loss.
Important:
You can tune up this strategy a bit (although reducing your profits but also making a risk free situation) by:
BACKING 0:0 before the game (I personally suggest looking for odds higher than 15.00, basically you have to look for a game with high scoring predicitons).Here is the online calculator for this
LAY / DRAW hedging:
Click here
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Step 3 - BACK Odds and LAY Odds
Back Odds
If you have bet before, using a traditional Bookmaker, you are probably used to using "Fractional Odds" when placing a bet. From now on, when using a Betting Exchange, you will be using European "Decimal Odds". Decimal odds are much easier to use and comparison between odds is quicker. The difference between the two types of odds presentation is quite straightforward. As an example, the Fractional Odds of 2/1 (two to one) converts to a Decimal Odd of 3.0 (three). Converting Fractional Odds to Decimal Odds is done by dividing the numerator by the denominator and adding 1, thus: 2 divided by 1 + 1 = 3.0 We add one because Decimal Odds include the original stake money when calculating returns.
However, before diving into the realms of betting, let me, for the uninitiated to gambling, explain a little about the principles of betting odds. Firstly, I will give a number of examples using Fractional Odds and then show the same examples using Decimal Odds. Don't forget, we are at present looking at BACKING examples; LAYING will be explained later. Odds are the mathematical figures, which state how winning bets will be settled. The Fractional Odds of 2/1 (2 to 1) (2 to 1 against) means that the Bookmaker will bet his 2 to your 1 that your selection does not win (you must win before the Bookmaker will give you a return).
If you bet £1 at the odds of 2/1, and the horse you have backed goes on to win, then you will receive £3 from your Bookmaker. e.g.1. 2 x £1 = £2.00 (Your Profit) Plus Original Stake Money = £1.00 Total Return = £3.00 Further examples using £1 as your Original Stake Money:2. Odds 11/8 11/8 x £1 = £1.37 (Your Profit) Plus Original Stake Money = £1.00 Total Return = £2.37 Betting Exchange Trader
3. Odds 4/5 (Odds On) (5 to 4 On) This simply means that the Bookmaker is betting his £4 to your £5. 4/5 x £1 = £0.80 (Your Profit) Plus Original Stake Money = £1.00 Total Return = £1.80
Now that the basics of Fractional Odds has been covered you must get used to using
Decimal Odds if you are going to use the Betting Exchanges for your new adventures.
The examples below show the equivalent Decimal Odds format of the examples shown
above:
1. Odds 3.0 (Fractional Odds 2/1) Return from Bookmaker 3.0 x £1 = £3.00 Less Original Stake Money = £1.00 Your Profit = £2.00
2. Odds 2.37 (Fractional Odds 11/8) Return from Bookmaker 2.37 x £1 = £2.37 Less Original Stake Money = £1.00 Your Profit = £1.37
3. Odds 1.80 (Fractional Odds 4/5) Return from Bookmaker 1.80 x £1 = £1.80 Less Original Stake Money = £1.00 Your Profit = £0.80
When BACKING you will be looking for , or asking for, as HIGH ODDS as possible.
LAY Odds
You have seen how BACKING odds work when you are placing a bet with a
Bookmaker. Now, all there is to understanding LAY odds, is to reverse the role. You
are now the Bookmaker and accepting bets from others. Look at the examples again, but this time put yourself in the Bookmakers seat.
When you look at the layout of the Betting Exchanges later in this manual; in our case
Betfair, you will see two sets of odds
one for those wishing to "BACK" A
CONTESTANT TO WIN and one for those wishing to "LAY" A CONTESTANT TO
LOSE.
You will select the LAY odds if you wish to act as Bookmaker. Put simply, it means
other users of Betfair will be placing bets with you, as if you are a Bookmaker. They
will be betting on the contestant to WIN, whereas you will be looking for the contestant
to LOSE.
When LAYING you will be looking for, or asking for, as LOW ODDS as possible.
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Step 2 – Looking at the markets
With Betfair there are 2 places you can identify markets to trade on. There are the in-play markets and the general betting markets. A brief explanation of the two is this. In-play markets can be bet on throughout the event where as general markets will close when the event starts e.g. kick off in football. The in-play markets for the day can be found on the right hand side of the page about half way down. These markets are the ones we can bet on today and will be things like football, snooker, golf and tennis matches. They are also usually the top games of the day so the teams or players at the top of their game. There is usually a lot more money available for the top matches and so they are usually set so you can bet on them as they are being played.
The general markets are listed all the way down the left hand side of the page. The in-play events will be in here too but they will be jumbled up with all of the events you cannot bet on in-play. Here we can place bets on the outcomes of an event like a golf or football tournament which could last anything from a few days to a few weeks or longer. These are our long term trades.
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Step 1 – Set up an account
This tutorial will take you through Betfair showing you how to set up an account, navigate the site to find the markets you need and how to place back and lay bets. There is a lot Betfair can do and we advise using their very helpful guide that can be found in the help section of the site.
The first thing you need to do if you haven’t already done so is set up an account with Betfair. We would suggest a new and separate account even if you have one already as this will enable you to keep track of your progress and profits much better. To do this simply click on the join now button at the top of the page in Betfair or Betdaq and fill in your information. You will then need to make a deposit so think about how much you are going to need to start trading. We would suggest starting with around £1000 but less can be used (£100) initially and you can build up to higher stakes later on.
Important:
The Betfair 'Refer and Earn' code account that Betfair provide is by far the best Betfair promotion available. Most Betfair promotions either provide a 10 or 20 Free Bet. However, the Betfair 'Refer and Earn' promotion not only offers a 25 FREE BET but also offers a bonus payout of up to 660 dependant upon your account activity. To get this £25 bonus you have to tick yes for question Do you have a Promotion or "Refer and Earn" code? in registration form and enter code KUA6LEADH
