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Sign-up Offer Guide
Bookmaker
Offer
Profit
Difficulty
Betfair Exchange
Money Back As Free Bet Up To £20
£16.00
Average
Mark as Complete
Terms & Conditions
£20 Risk Free Bet
New customers only
Use Promo Code 'VAL225'
Bet must be placed within 7 Days of account registration
1) Sign up for a Betfair Exchange account
The first step of any sign up offer is to make an account with the bookmaker or exchange. This offer is for Betfair Exchange, so you should click the link below, making sure the promo code 'VAL225' is applied when you register.
Simply click 'Get Started' and enter the required details, then come back for step 2.
2) Place the qualifying bet
Once you have made an account, you should deposit £10 so you can place the qualifying bet, this is the bet you need to place with Bet365 in order to unlock the free bet.
For this step you will need an account with a betting exchange such as Smarkets, Betfair Exchange, or Matchbook. You will also need around £30 in this exchange account so you can place lay bets.
If you are unfamiliar with betting exchanges or the concept of lay bets then you should quickly read our Guide to Using a Betting Exchange.
When your Bet365 and Exchange accounts are ready you should choose an event to place the qualifying bet on.
You want to choose an event where the back odds are as close to the lay odds as possible so you only make a small loss. Also, the back odds need to be higher than 1.2 as this is the minimum odds required for you to unlock the £30 free bet on Bet365.
Use our Oddsmatcher below to automatically find the events on Bet365 that meet the terms & conditions and also have the best back odds and lay odds so you make the smallest loss possible while gaining the £30 free bet.
Simply click 'Select' on an event and then follow the instructions on the pop up.
Bet365 should reward you with £30 in free bet credits within an hour of your bet settling, this is when you should go to step 3.
2) Place a £20 Bet as if it is a Free Bet
A Risk Free Bet offer is where a bookmaker promises to refund your stake if your bet loses. For example, you could place a £20 bet on Tottenham to win, and if they don't win, the bookmaker will give you a £20 Free Bet.
To Profit from a £20 Risk Free Bet you can simply treat it like a free bet in order to guarantee the maximum profit. This means you should use your own money to place a £20 Bet on Betfair Exchange, and then also place a lay bet against that outcome on another exchange using our calculator in free bet mode.
Then, if your Betfair Exchange Bet wins then you have completed the offer and you should have made a good profit. However, if your Betfair Exchange Bet loses then you will have most likely made a small loss from your initial bets, since you would have placed a lay bet at slightly higher odds, but you will have gained a £20 Free bet which you can Profit from.
Simply Choose an event from our Oddsmatcher below and make sure the pop up is in free bet mode.
If your Betfair Exchange bet wins then you will have already made a profit and you are finished with this offer, however if it doesn't win then you should receive a £20 Free Bet from Betfair Exchange within 72 hours of your bet settling - which you can then profit from.
If you do receive this £20 Free Bet then you should come back to the Oddsmatcher below and repeat a similar process to profit from your £20 Free Bet.