Bet365

£160 – £200 expected profit in just 5 easy steps.

Please note:  You will need £1000+ in your bank in order to do this offer safely, just in case you have to complete the full rollover. If you don’t have this amount available, skip the Bet365 offer for now and move onto the reloads or Advanced offers and come back to this later.  Don’t forget it though.

  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. Convert free bet 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 Bet365 (bookmaker)

Open account with Bet365  (opens in a new browser tab)

bet365 bonus offer

Once your Bet365 account is open deposit £200.  This offer is a little different to others so far, Bet365 will send you an email with a promotional code in. You need to enter this code into the Members -> Services -> Offers section of the Bet365 website BEFORE you place any bets. Once you enter the offer code, the bonus is credited to your account instantly as £200 cash

Step 3 – Place qualifying ‘Back’ bet with Bet365

Open both Betfair and Bet365 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.  For the Bet365 welcome offer our £200 qualifying bet must be placed at odds of 1.5 or above.

Step 4 – Place ‘Lay’ bet with Betfair

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

  • FREE Normal at the top as it is your free bet
  • The bookmaker stake is £200
  • Enter the Bet365 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.

Once we’ve placed that, we can instantly use our Bet365 bonus funds.

Step 5 – Convert free cash to profit

Now that we’ve spent our real cash in the account, we can now place a bet using our bonus funds. You should do this straight away. If you prefer, you can simply bet it on the same thing as your qualifying bet but it is advisable to go for a higher odds match.

Otherwise, Open both Betfair and Bet365 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 at odds of 1.5 or above, however, ideally we are looking to lose this bet straight to Betfair so the higher the odds the better but remember the more cash you need in Betfair to cover the bet (you get this back either way), go for above 4.0 if possible.

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

  • Select Normal at the top as it is your free bet
  • The bookmaker stake is £200
  • Enter the Bet365 back odds
  • Enter the exchange lay odds
  • Enter the lay commission (5% for Betfair)
  • Click on to calculate

If your £200 bonus bet loses with Bet365 you are done with this offer even if your qualifying bet won, as long as you placed this bet before your qualifying bet settled.

If your £200 bonus bet wins with Bet365, you will need to complete the full rollover. This means you will need to place an additional £800 worth of bets at odds of 1.5 or greater. You can break this down into smaller bets of any size. All of these bets are calculated in the same way as above.

You should expect to make around £150-£200 profit from this offer.

Move on to the next offer.