BetWay – Bet £30 and get £30 in free bets

Betway are offering a £30 free bet to new customers.

Go to https://www.google.co.uk/ and search for ‘Betway’. You should see a sponsored advert for Betway, which you should use to enter the site. It looks like this:

Open an account with Betway and deposit £30.

Warning: The Betway tennis rules do not match up with the exchanges, so you should avoid betting on any tennis whilst completing this offer, as both bets could lose.

Qualifying Bet

Find a close match between the Betway back odds and the exchange lay odds. The back odds need to be at 1.75 or greater. Where possible, I recommend sticking to popular sports. Anything with a lot of money in Betfair is fine.

Use the calculator to work out your bets.

Select “Normal” at the top.
The bookmaker stake is £30.
Enter the Betway back odds.
Enter the exchange lay odds.
Enter the lay commission.
The lay stake and the liability will be shown to you. The “liability” is the amount you need to deposit into the exchange. Deposit that amount. Then place your £30 Betway bet, and then your exchange lay bet.

Free Bet

Your free bet will be available to use once your qualifying bet has been placed. It must be used within 7 days of your first deposit.

Find a close match between the Betway back odds and the exchange lay odds. Like most free bets, we want to use it at high odds to maximise the profit. Remember that the higher odds you use, the more liability you will need in the exchange, but the more money you will make. I suggest that you use odds above 4.0.

Use the calculator to work out your bets.

Select “Free Bet (SNR)” at the top.
The bookmaker stake is £30.
Enter the Betway back odds.
Enter the exchange lay odds.
Enter the exchange commission.
Make sure you have enough money in the exchange to cover the liability of this bet. If you don’t, either deposit more or look for something at lower odds. Place your Betway free back bet and then your exchange lay bet.

Once these bets have settled, you should have made around £22 profit.