The Bet365 welcome offer is one of the best welcome offers out there. Not only is it simple, it can yield a high potential in profit terms. All we have to do is open up an account, deposit £100.00 and claim £100.00 in Bet Credits. This will give us a guaranteed profit of at least £77.00. Here’s how it’s done:
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Terms of the offer
- Minimum qualifying deposit £5.00 maximum £100.
- The minimum odds for our qualifying bet must be greater than 1.20 (1/5).
- Bet Credits must be claimed within 30 days of account registration. This can be done by going to the Services menu, clicking My Offers and selecting Claim Now for the welcome offer.
- This offer is essentially a matched deposit offer with Bet Credits instead of a roll over. To maximise profit from this welcome offer please ensure your first deposit is for the full amount. A £5.00 first deposit will result in a maximum of £5.00 in Bet Credits being credited, while £100 will result in £100 of Bet Credits. Further deposits will not contribute to the full £100.00.
Qualifying Bet and Strategy
Like any offer it’s up to you what your qualifying bet will be on, as long as the market falls under the offer terms and conditions. As usual we will be looking for a market with close back and lay odds. We will be using fictional odds (yes, made up odds!) for the purposes of this example. The strategy for this offer is a simple Bet and Get type offer.
We can enter our details for the qualifying bet on the Matched Betting Calculator as follow: Stake £100 Team 1 Back Odds 1.20, Team 1 Lay Odds 1.23 Lay Commission 2%.
|If Back Wins|
|If Lay Wins|
The calculator tells us to lay £99.17 on Team 1 for a qualifying loss of -£2.81.
Let’s take a quick look to see whats happening with our bets:
|Team 1 win||+£20.00||-£22.81||-£2.81|
|Team 1 don’t win||-£100.00||+£97.19||-£2.81|
As we can see if is irrelevant if Team 1 wins or loses, we will still lose £2.81 but we will have gained £100.00 in Bet Credits!
Bet365 Bet Credits are essential a free bet SNR. However we can chose how much to use in Bet Credits at one time, we do not need to use the full amount in one bet. This can be useful if your bank roll is small.
Now that we have completed the welcome offer we can now extract our profit as cash. Our free bets will be credited within 1 hour of our qualifying bet settling. We should expect to extract 80% cash making our free bets worth at least £80.00. Don’t forget to take away any qualifying loses that we may have received qualifying for the offer.
By this point you should know how to extract profit from free bets, but if your still unsure or need a refresher the perfect guide can be found here.