Bwin – £50 Bonus

£35 expected profit in just 5 easy 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. Complete rollover if required

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 Bwin (bookmaker)

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

bwin-matched-betting-free-bet

Once your Bwin account is open deposit £50 using your debit or credit card.

Once you have completed your deposit you will immediately receive a £50 bonus.

Check the T&C’s to make sure no mistakes are made.  For the Bwin offer our £100 qualifying bet must be placed at odds of 1.7 or above.

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

Step 3 – Place qualifying ‘Back’ bet with Bwin

Open both Bwin and Betfair 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 1.7.

If possible:  try to bet at high odds to increase the chance of winning at the Betfair exchange so that you don’t have to do the rollover.  Make sure you have the funds to continue the rollover if the bet does win at Bwin though.

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 Bwin 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.

If possible:  try to bet at high odds to increase the chance of winning at the Betfair exchange so that you don’t have to do the rollover.  Make sure you have the funds to continue the rollover if the bet does win at Bwin though.

Step 5 – Rollover

If your bet lost with Bwin then you are done with this offer, however, if your bet won with Bwin you need to “roll over” your bonus 5 x (£500 total).   You can split this into bets of any size but remember that each bet must be at odds of 1.7 or above.

You should expect to make around £20 and £40 profit from this offer depending on if you had to complete the rollover.

Move on to the next offer.