When matched betting, sign up offers are crucial due to how much value they provide. In order to turn these sign up offers into an expected profit, we will need to use a betting exchange, such as Betfair com exchange. Through the standard matched betting strategy of placing a back bet with the bookmaker and a lay bet with the betting exchange, an expected profit can be made from these special promotions.
Most bookmakers like to have a sign up offer available at all times, in order to entice people to sign up for an account with them. However, occasionally they will alter the offer itself, and there have recently been some changes to certain big sign up offers. Let’s take a look at how this will affect our matched betting exploits.
dabblebet New Customer Offer
If you sign up to dabblebet as a new customer, you will now be given the opportunity to earn up to £25 in free bets. Previously, dabblebet offered a £5 ‘risk-free’ bet, so this new offer is a big improvement from a matched betting perspective.
In order to qualify for the full £25 in free bets, you must place three bets:
- Bet £10 to get a £10 free bet
- Bet £10 on mobile to get another £10 free bet
- Bet £5 in-play to get a £5 free bet
Each bet must be placed at odds of 1/1 (2.0) or greater and you can place your bets on any sport. Of course, these must be your very first bets with dabblebet. Through using the back and lay matched betting strategy explained earlier, you will be able to minimise any potential losses from your qualifying bets, thus you will be able to maximise your potential profits when the offer is done.
Once you have qualified for the free bets, they will be credited into your dabblebet account by 4pm the day after the bets have settled. The free bets must then be used within 7 days, on any market excluding horse racing. To make an expected profit from the free bets, simply use the same back and lay strategy, this time using the free bet stake. You will need the help of a matched betting calculator in order to work out your ideal lay stake.
This offer could be turned into around £18 in expected profit once fully complete, which is excellent for the little effort you will need to put in.
Sun Bets New Customer Offer
Sun Bets have also altered their new customer offer, and once again it is for the better where us matched bettors are concerned. The new offer presents the opportunity to earn a £30 free bet, and all we need to do is to place a £10 bet with our own money.
The best thing about this offer is how easy it is to claim. It only takes one qualifying bet and one bet using the free bet stake and then we are done. Firstly, register via a PC or mobile device and use the bonus code ‘G30’. Once you’re all signed up, deposit and bet £10 at odds of 1/2 (1.5), which can be on any sports betting market, and you’ll qualify for a £30 free bet. Don’t forget to lay the selection at a betting exchange to cover all outcomes.
The free bet will then be credited to you within 48 hours and you will have 30 days to use it. Again, use the back and lay strategy using the free bet stake to place your bet.
When all is said and done, this offer has a expected profit value of £24 which will add a lot to our matched betting exploits.
Stan James New Customer Offer
Though the new Stan James offer is worth less in expected profit than the old offer was, it is extremely easy to claim so it is well worth completing.
The new offer is as simple as it gets when it comes to matched betting. When you bet your first £10 of your own money, Stan James will give you a £10 free bet. The minimum odds for your qualifying bet are 4/5 (1.80), so make sure your selection is at least these odds or greater.
You will then receive a £10 free bet token within 24 hours. Then, use the free bet within 7 days again using the back and lay strategy using the free bet token in order to turn the offer into an expected profit. As with most offers, the free bet stake is not returned meaning that you will receive the winnings only.
This particular offer is worth around £8 in expected profit once it is complete, which will be a good addition to your matched betting profits.
Betdaq New Customer Offer
This offer is a little bit different, as Betdaq is a betting exchange rather than a traditional bookmaker like the previous entries. Here, Betdaq are offering up to £1000 cash back on any commission paid during your first month of holding an account.
To claim the offer, you must sign up for an account with Betdaq exchange using bonus code ‘DAQBACK’. We would advise that you deposit any funds with a debit card, as other methods could exclude you from the offer. You will need to use your own money for any lay bets you place on Betdaq exchange, but as you will be placing back bets with bookmakers there is no need to worry.
As we need to use betting exchanges when completing other matched betting offers, this can be completed alongside others. Simply use Betdaq as your chosen exchange for all of the offers you complete in the month following you registering for a Betdaq account. The commission charged by Betdaq is 5%, so there is potential to receive quite a bit in cash back from this offer.
The amount you can make from this particular offer varies, depending on how many lay bets you will be placing in your first 30 days.