Betfred
Bet £10, Get £60 in Bonuses
~£23
Est. Profit
after qual. loss
£30
Free Bet
SNR
£10
Qualifying Bet
Min odds: 1/2 (1.50)
7 days
Expiry
from issue
T&Cs Summary — Always verify before claiming
- Min Deposit:
- £10
- Qualifying Bet:
- £10
- Minimum Odds:
- 1/2 (1.50)
- Free Bet:
- £30 sports free bet + £30 casino bonus
- Free Bet Type:
- SNR (Stake Not Returned)
- Free Bet Expiry:
- 7 days from issue
- Wagering:
- Casino bonus: 40× wagering
- Payment:
- Debit card only.
📌 Sports free bet (£30) can be converted normally. The £30 casino bonus has 40× wagering and is not suitable for matched betting — focus on the sports portion.
⚠️ T&Cs change frequently. Always read the full terms on Betfred's website before placing any bets.
Profit Breakdown
Based on example odds of 1.6 (back) / 1.63 (lay) and 80% free-bet conversion. Your actual figures will vary — use the calculator.
Stage 1 — Qualifying Bet
Back stake
£10
Back odds
1.6
Lay odds
1.63
Stage 2 — Free Bet Conversion (SNR)
Free bet
£30
Target odds
3.0–5.0
Conversion
~80%
How to Claim — Step by Step
- 1
Register a new account at Betfred — this offer is for new customers only. Use accurate personal details.
- 2
Deposit at least £10 using a debit card. Note: most payment methods accepted, check T&Cs.
- 3
Open the EarnXtra free calculator and set the mode to "Qualifying Bet". Keep it open while you proceed.
- 4
Go to Betfred and find a football match (Premier League recommended). Select a team to win — you need back odds of 1/2 (1.50) or higher.
- 5
Enter £10 as your stake on Betfred but do NOT place the bet yet.
- 6
On Betfair or Smarkets, find the same selection on the lay side. Enter the lay odds into the calculator. Confirm the qualifying loss is under £2 before proceeding.
- 7
Place the qualifying back bet at Betfred (£10 at 1/2 (1.50)+), then immediately place the lay bet on the exchange.
- 8
Wait for the event to settle. You'll make a small qualifying loss — this is expected and unlocks your free bet.
- 9
Your free bet of £30 sports + £30 casino will be credited to your Betfred account within 24 hours.
- 10
Switch the calculator to "Free Bet (SNR)" mode. Find a selection at 3.0–5.0 decimal odds for the best conversion rate.
- 11
Enter the free bet amount, back odds, and lay odds into the calculator to get your lay stake.
- 12
Place the free bet at Betfred and the lay bet simultaneously on the exchange.
- 13
Settle back and wait — you'll collect approximately £24 profit regardless of the result! 🎉
New to matched betting? Read our complete beginner's guide before placing your first bet.
Profit figures are illustrative and based on approximate exchange odds and 80% free-bet conversion. Actual results depend on the odds available at the time of betting. Matched betting involves risk — always calculate using the free tool before placing any bets. Must be 18+. Please gamble responsibly — BeGambleAware.org.