The offer „Bet €x and get a €x free bet“ is one of the easiest kinds of reload offers.
They only require two steps.
Step 1: Place the qualifying bet; and
Step 2: Place the free bet.
My recommendation is to do this kind of offer even if you only make a few euros.
The small amounts quickly add up and this is a safe and steady way to make money with Matched Betting.
Here are a few guidelines on how much you should expect to lose from a qualifying bet and how much you can expect to earn from a free bet (also see my guide „Why do I not make €10 when I have a €10 free bet?”).
You should expect to lose around 5-7%; or €0,50 – €0,70 per €10 staked.
You should expect to make between 70% and 80% of the value of the free bet. With a €10 free bet you should therefore expect to make between €7 and €8.
How can you determine whether an offer is profitable?
Example 1: Bet €20 and get a €5 free betFrom the qualifying bet you would expect to lose around 5-7%, e.g. €1. From the free bet you would expect to make around 70%, i.e. €3,50. As a result, this offer has an expected value of €2,50 (€3,50-€1) and is worth doing.
Example 2: Bet €100 and get a €5 free betFrom the qualifying bet you would expect to lose around 5-7%, e.g. €5. From the free bet you would expect to make around 70%, i.e. €3,50. As a result, this offer has an expected value of -€1,50 (€3,50-€5) and is not worth doing.
Step by step guide to making money from free bets
Step 1 – Place the qualifying bet
First we have to qualify for the free bet. Check the T&Cs of the offer to find the qualifying requirement.
There are numerous variations of qualifying bets. Below I list some of the more common ones.
Bet a specific amount e.g. €10
Bet a certain amount on a certain game e.g. bet €10 on the game between Arsenal and Manchester United
Another variation is where you have to bet a certain amount on a specific football league e.g. bet €10 on the Bundesliga
Once you know what kind of qualifying bet you need to place to get the free bet, then you go to the Oddsmatcher to find the best game to place your Matched Bet on.
Step 2 – Place the free bet
Once the qualifying bet has settled you should receive your free bet.
Use the Oddsmatcher to find the best game to place your Matched Bet on. You should look for odds of minimum 4,00 to increase your earnings. Remember to change from „Normal“ bet to „Freiwette (SNR)“ in the Oddsmatcher calculator before you place the bet.
Check out the Forum for current Matched Betting offers.