RedBet – Bet £10 get a £10 free bet

This offer is for new Redbet customers only.

Open an account with Redbet and deposit £10.

Warning: The Redbet 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 Redbet back odds and the exchange. The Redbet back odds need to be at 1.8 or greater. Note – Your Redbet odds may be appearing in fractional format. You can change this to decimal format near to the top right corner of the home page. This bet must be settled within 7 days of opening your account. Any bet placed on any 2-way market (Over/Under, Asian Handicaps etc) will not count.

Once you’ve chosen what to bet on and checked that the odds are correct, use the calculator at the top of this page to work out your bets.

Select “Normal” at the top.
The bookmaker stake is £10.
Enter the Redbet back odds.
Enter the exchange lay odds.
Enter the lay commission.
Press calculate.
The calculator will show you your stake and your liability. The “liability” is the amount you need to deposit into Betfair (but the lay amount is what you’ll type into the stake box). Deposit the required amount. Then place your £10 Redbet bet, and then your exchange lay bet.

Free Bet

Redbet will credit you with a £10 free bet once your qualifying bet has been placed. This bet must be settled within 7 days of opening your account. This cannot be used on any 2-way market (Over/Under, Asian Handicaps etc).

Again, find a close match between the Redbet back odds and the exchange. Now, for free bets, it’s a good idea to use higher odds in order to maximise the profit. I recommend that you look for something with odds above 4.0. However, remember that the higher odds you use, the more liability you will need in the exchange, but the more money you will make.

Use the calculator to work out your bets.

Select “Free Bet (SNR)” at the top.
The bookmaker stake is £10.
Enter the Redbet back odds.
Enter the exchange lay odds.
Enter the exchange commission.
Press calculate.
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 Redbet free back bet and then your exchange lay bet.

Once these bets have settled, you should have made around £7-£8 profit.