10Bet – £200 Bonus

£65 expected profit in just 6 steps.

  1. Open betting exchange account (if not completed yet)
  2. Open bookmaker account
  3. Place qualifying bet with bookmaker
  4. Place lay bet with betting exchange
  5. Place 3 additional qualifying bets
  6. Convert bonus to profit

Step 1 – Sign up to Betfair (betting exchange)

The first thing you need is a betting exchange account so you can place ‘Lay’ bets to cover your ‘Back’ bets.  The biggest betting exchange out there is Betfair (owned by the bookmaker PaddyPower), click here to open an account with Betfair.  (opens in a new browser tab)

Open Account with Betfair  (opens in a new browser tab)

betfair-exchange

Step 2 – Sign up to 10Bet (bookmaker)

Open account with 10Bet  (opens in a new browser tab)

10betoffer1

Once your 10Bet account is open deposit £400.

Check the T&C’s to make sure no mistakes are made.  For the 10bet offer our £100 qualifying bet must be placed at odds of 1.6 or above.  Any bet placed on any type of handicap (except 3-Way Handicap) or Over/Under will not count towards this requirement and the maximum bet you can place is £100.

Decimal Odds – You can set the odds to decimal format in account settings.

Step 3 – Place qualifying ‘Back’ bet with Betsafe

Open both Betfair and 10Bet websites in your web browser so you can quickly find a good match or use a free tool like Odds Search (free signup) to find a match, remember the back odds need to be equal to or above 1.8.

Step 4 – Place ‘Lay’ bet with Betfair

Use the Odds Search Calculator or Tricky Bets Calculator to work out your bets.

  • Select “Normal” at the top as it is your qualifying bet
  • The bookmaker stake is £100
  • Enter the Betsafe back odds
  • Enter the exchange lay odds
  • Enter the lay commission (5% for Betfair)
  • Click on to calculate

The lay stake and the liability will be shown, remember the “liability” is the amount you need to deposit into the exchange to cover your bet.

Step 5 – Repeat Qualifying Bet x 3

Place an additional 3 x £100 qualifying bets so you have bet £400 in total.

Use the Odds Search Calculator or Tricky Bets Calculator to work out your bets.

  • Select “Normal” at the top as it is your qualifying bet
  • The bookmaker stake is £100
  • Enter the Betsafe back odds
  • Enter the exchange lay odds
  • Enter the lay commission (5% for Betfair)
  • Click on to calculate

The lay stake and the liability will be shown, remember the “liability” is the amount you need to deposit into the exchange to cover your bet.

Step 6 – Convert bonus to profit

10Bet will credit your £200 bonus within 24 hours of your bets being settled which means you need to wait for the match to take place and bets to settle before you will receive your bonus.

You now need to place 30 x £100 bets to turn your bonus into cash you withdraw.

Important:  The back odds need to be at 1.6 or greater and the bonus expires in 90 days.

Use the Odds Search Calculator or Tricky Bets Calculator to work out your bets.

  • Select “Normal” at the top as it is your qualifying bet
  • The bookmaker stake is £100
  • Enter the Betsafe back odds
  • Enter the exchange lay odds
  • Enter the lay commission (5% for Betfair)
  • Click on to calculate

Strategy:  Or you could simply try to lose your deposit and bonus funds to Betfair exchange then you will not have to complete the rollover.

You should expect to make around £65 profit from this offer.

Move on to the next offer.