1) Sign up for a Midnite account
The first step of any sign up offer is to make an account with the bookmaker. For the Midnite offer you can go to the site and use the promo code 'BETGETRACING', or just click the link below and select the first offer. If you have the '£20 in Free Bets' offer selected then click 'I want this offer' and make an account.
You might also want to change the odds format from fractional to decimal and then you should 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 Midnite in order to unlock the free bets.
For this step you will need a betting exchange, and you will also need to know how to lay an accumulator. If you are unfamiliar with laying accumulators then you should read through the guide below. This is a more advanced sign up offer and you should be comfortable with laying accumulators before attempting to complete it.
Your qualifying bet should be a £10 bet on an accumulator with at least 4 selections at odds of 4.0 or higher. You should read through the guide to laying accumulators, and we recommend you choose 4 high profile football matches and lay the accumulator on Smarkets.
This is probably the easiest way to do it, and you need to make sure your 4 selections have combined back odds above 4.0 otherwise you won't be awarded the free bets.
If you are a premium member you can use our Standard Oddsmatcher to find selections where the back odds on Midnite are close to the lay odds on Smarkets.
Once your accumulator settles you should receive 4 X £5 Free Bets, this is when you should move on to step 3.
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 Betfred in order to unlock the free bets.
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 Betfred 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 2.0 as this is the minimum odds required for you to unlock the £50 in free bets on Betfred.
Use our Oddsmatcher below to automatically find the events on Betfred 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 £50 in free bets.
Simply click 'Select' on an event and then follow the instructions on the pop up.
Betfred should reward you with £50 in free bet credits within 10 hours of your bet settling, this is when you should go to step 3.
3) Make a Profit from the first £30 in Free Bets
Betfred will reward you with 5 X £10 Free Bets, but 2 of the £10 Free Bets have limitations. The first 3 X £10 Free Bets are the easiest to profit from as they can be placed on any market.
The Oddsmatcher below automatically sorts the events by how much profit they would make you. However, the events with the higher potential profits will also require you to have more liquidity in your exchange account, as they will have higher odds, meaning a larger liability to cover.
Again, just click 'Select' next to the event of your choosing and follow the instructions on the pop up, this time using one of your £10 Free Bets.
Then simply repeat this process 2 times with your other normal £10 Free Bets, and then you will still have 2 X £10 Free Bets left over which can only be placed on accumulator bets with four or more selections. Go to step 4 to learn how to profit from your final £20 in free bets by backing and laying accumulators.
3) Profit from the 4 X £5 Free Bets
Midnite will reward you with 4 X £5 Free Bets, but all of these free bets must be used on Horse Racing Markets. This means we do not have an Oddsmatcher to help you find your bets.
There are no restrictions on the free bets other than the fact they must be placed on Horse Racing Markets, so you can simply manually find horse racing selections with higher odds if possible, where the back odds are close to the lay odds.
To find a bet manually you can just browse upcoming races on Midnite and compare a horses win odds on Midnite to their lay odds on an exchange such as Smarkets. You can type the odds into a betting calculator with £5 as the stake to check how much you would profit.
Find a highly profitable selection, then use our betting calculator in 'Free Bet' mode to find your lay stake and place your bets using your £5 Free Bet as your back bet.
Repeat the above process 3 times with your other £5 Free bets, then you have completed this offer.
4) Profit from the 2 X £10 Acca Free Bets
You should also have 2 X £10 Free Bets which can only be used on accumulator bets with 4 or more selections. These won't be as easy to guarantee a profit from but it is still very much possible as Smarkets allow you to lay accumulator bets.
Alternatively you could also just 'punt' the £20 worth of free bets (meaning you just bet them normally and don't guarantee a profit).
However if you want to guarantee a profit this is how we recommend you do it.
Go to Betfred and choose 4 high profile football games where the odds for an outcome are between 1.5 and 2.0, and try to choose games where the odds on Betfred and Smarkets are as close as possible. Add the selections to your betslip on Betfred.
Head over to Smarkets and create the lay bet for the above Acca, if you do not know how to do this then check out our guide to laying accumulators, and read 'How to Lay Accumulators on Smarkets'.
You can see the Accumulator Back Odds on Betfred, and Smarkets should also tell you the combined lay odds. You should use a betting calculator in Free Bet mode to calculate the stake you should use on Smarkets.
Then, if you have enough liquidity ready, you can repeat this process again with your other £10 free bet.