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Sign-up Offer Tutorial Video
Watch the Video below to see how we make £22 from the Betfred Sign-up Offer
You can then Follow the 4 Step Tutorial in order to do it yourself
You can make £500+ Repeating the Process with all 50 Licensed UK Bookmakers in the Sign-Up Offer List
STEP 1/4
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Make a Betfred Account
As you can see below, Betfred Offer £30 in Free Bets when New Customers Sign-up and Place a £10 Bet.
We are going to use Matched Betting to Remove any Risk from the £10 'Qualifying Bet' in Order to get the £30 Free Bet and turn it into 80% Profit using Lay Bets to cover all possible outcomes.
There are Over 50 Licensed UK Bookmakers with offers like this so if you have already Signed Up to Betfred you can't do this specific Sign-up Offer but you can pick out another bookmaker from the Sign-up Offer List.
The First Step of any Sign-up Offer is to make an Account with that Bookmaker and in this case it is Betfred so head over to the Betfred Sign-up Page with this link to automatically apply the Promotion, you could also Download the Betfred Mobile App and do it on Mobile.
Once you are on Betfred follow the steps below:
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Click to Register an Account with Betfred and fill out all of your details correctly.
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When you get to the Settings section we actually recommend you choose to receive Text and Email marketing from Betfred as we can make money from the Free Bets and bonuses that they will send us.
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After this you may be asked to confirm your identity, but don't worry this only takes a few minutes.
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Next you should Deposit £10 into your Betfred Account so you are ready for Step 3/4 Where you place the Qualifying Bet.
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You might also want to change the Odds Format on your Betfred account to Decimal, you can do this by going to 'Settings', then Click 'Odds Format', and then Select 'Decimal'.
Now you should move on to Step 2/4 Where we Create a Smarkets Account to Lay the Bets.
STEP 2/4
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Make a Smarkets Account
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We are going to use the Smarkets Betting Exchange to Lay Bets since they have 0% commission for your first 60 days. If you don't know what a Lay Bet is you should read through Our Backing and Laying Guide.
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Also if you are unfamiliar with Betting Exchanges and how they work you should quickly go through Our Betting Exchange Guide, as Betting Exchanges and Lay Bets are essential for matched betting.
To Sign Up to Smarkets Commission Free Follow the Steps Below:
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Click the Button below to go straight to the Smarkets Site Sign Up Page.
You can also use the Smarkets App if you prefer using Mobile, but we often find matched betting easier on Desktop.
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Fill in the basic info and then at the bottom make sure you use the Promotion Code 'COMMFREE'.
This Promotion makes your first 60 Days of Matched Betting Much Easier as you pay a 0% Fee on your Bets instead of 2% which makes it more profitable and less complicated.
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After clicking 'Continue' you will then be asked to fill out some basic details such as your name and address.
Enter your details, Accept the Terms & Conditions, then you are nearly ready to use Smarkets.
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You should now Deposit £20 for Step 3/4 where we will be doing the Qualifying Bet. We will need to use Smarkets to Lay the event to make sure that our £10 Bet with Betfred is Risk Free.
You can just just do this when you are placing the bets, but you would want it to be ready in case the odds change while you are adding funds.
STEP 3/4
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Place the Qualifying Bet
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Now we need to complete the 'Qualifying Bet' which is the £10 Bet we will place on Betfred in order for them to reward us with the £30 Free Bet. We take a small 'Qualifying Loss' in this Bet but we gain the £30 Free Bet.
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We are going to place a £10 Bet on one of the Events below with Betfred, but we are also going to place a Lay Bet against this event happening on Smarkets so we don't actually risk losing £10.
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Click 'Select' next to an Event of your choosing and wait for the instructions to pop up.
Date & Time | Outcome | Match | Back Odds | Lay Odds | Qualifying Loss |
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04/12/24 19:30 | Draw | Everton v Wolves | 3.5 | 3.6 | -£0.28 |
04/12/24 19:30 | Wolves to Win | Everton v Wolves | 3.6 | 3.7 | -£0.27 |
07/12/24 10:00 | Beroe Stara Za to Win | Lokomotiv Plovdiv v Beroe Stara Za | 3 | 3.05 | -£0.16 |
07/12/24 14:00 | Genoa to Win | Genoa v Torino | 2.6 | 2.6 | £0.00 |
07/12/24 15:00 | St Mirren to Win | St Mirren v Motherwell | 2.25 | 2.2 | £0.23 |
Date & Time | Outcome | Match | Back Odds | Lay Odds | Qualifying Loss |
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04/12/24 19:30 | Draw | Everton v Wolves | 3.5 | 3.6 | -£0.28 |
04/12/24 19:30 | Wolves to Win | Everton v Wolves | 3.6 | 3.7 | -£0.27 |
07/12/24 10:00 | Beroe Stara Za to Win | Lokomotiv Plovdiv v Beroe Stara Za | 3 | 3.05 | -£0.16 |
07/12/24 14:00 | Genoa to Win | Genoa v Torino | 2.6 | 2.6 | £0.00 |
07/12/24 15:00 | St Mirren to Win | St Mirren v Motherwell | 2.25 | 2.2 | £0.23 |
You should choose the event with the soonest Date & Time so you can get your money as quickly as possible, Since Betfred Reward the Free Bet within 10 Hours of the Qualifying Bet settling.
You will have most likely taken a small loss of -£0.20 to -£0.40 on this Bet but that is fine as you will make £22 to £24 on Step 4/4 when we do a similar process with the Free Bet.
STEP 4/4
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Place the £30 Free Bet
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Within 10 hours of your Qualifying Bet settling you should receive £30 in Free Bet Credits from Betfred. You can now turn this £30 of Free Bets into 80% Profit using a process similar to Step 3/4.
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The Free Bet Oddsmatcher Below is different to the Qualifying Bet Oddsmatcher from Step 3/4 as it has higher odds. This is because choosing events with higher odds make us a larger profit.
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Click 'Select' on an event below of your choice taking into account the Date & Time, Profit, and Exchange Liability
Date & Time | Outcome | Match | Back Odds | Lay Odds | Exchange Liability | Profit |
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02/12/24 19:45 | Draw | Roma v Atalanta | 3.5 | 3.55 | £53.87 | £21.13 |
03/12/24 19:45 | Leverkusen to Win | B Munich v Leverkusen | 4.5 | 4.6 | £82.17 | £22.83 |
04/12/24 19:30 | Wolves to Win | Everton v Wolves | 3.6 | 3.7 | £56.92 | £21.08 |
07/12/24 10:00 | Beroe Stara Za to Win | Lokomotiv Plovdiv v Beroe Stara Za | 3 | 3.05 | £40.33 | £19.67 |
07/12/24 14:00 | Genoa to Win | Genoa v Torino | 2.6 | 2.6 | £29.54 | £18.46 |
Date & Time | Outcome | Match | Back Odds | Lay Odds | Exchange Liability | Profit |
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02/12/24 19:45 | Draw | Roma v Atalanta | 3.5 | 3.55 | £53.87 | £21.13 |
03/12/24 19:45 | Leverkusen to Win | B Munich v Leverkusen | 4.5 | 4.6 | £82.17 | £22.83 |
04/12/24 19:30 | Wolves to Win | Everton v Wolves | 3.6 | 3.7 | £56.92 | £21.08 |
07/12/24 10:00 | Beroe Stara Za to Win | Lokomotiv Plovdiv v Beroe Stara Za | 3 | 3.05 | £40.33 | £19.67 |
07/12/24 14:00 | Genoa to Win | Genoa v Torino | 2.6 | 2.6 | £29.54 | £18.46 |
Once both bets are placed, you have finished your first Sign-up Offer.
Click on the 'Next Steps' Button below to learn more about all of the other lucrative methods in matched bettingas well as how to find every Sign-up Offer like this Betfred one.
You can find all of the 50+ UK Bookmaker Sign-up Offers in Our Sign-up Offer List Page, which also allows you to check each one off as you go along.