Matched betting sites have to adapt to an ever-changing landscape as online bookmakers and betting sites for horse racing chop and change their new customer sign up offers and promotions for existing customers. One thing we have noticed in recent months is the number of bookies jumping on the bandwagon when it comes to loyalty schemes or ‘free bet clubs’.
These offers are ideal for matched betting and offer a reliable source of income. They typically run weekly but with around twenty such promotions to get stuck into, there’s as much as £80 in expected profit to be made each calendar week. That’s a potential of over £4,000 per year from free bet clubs alone!
The beauty of free bet clubs is that you can qualify for them when going about your general matched betting. For example, you could be targeting a racing offer for advantage play and by doing so, place the necessary bets to trigger the loyalty reward. Another way to look at it, is that you can offset any losses from placing mug bets.
The best matched betting sites know that these are easy offers to complete. Oddsmonkey has a dedicated section for them on their daily offer calendar and Matched Bets has recently added a dedicated free bets hub. This makes it easier for users of these sites to find and take advantage of the promotions.
Three Best Free Bet Clubs
Ladbrokes Racing Club
One of the latest bookies to embrace the free bet club is Ladbrokes. This is an invite-only scheme, so you will need to have received an email from the bookmaker to tark part in the offer. Ladbrokes Racing Club entitles you to two £5 free bets at the weekend for placing £30 or more on horse racing betting online, Monday to Thursday inclusive.
Because you can use Ladbrokes Odds Boost when placing your qualifying bet, it’s often possible to reduce the qualifying loss to just a few pence. In any case, even with a regular match, the expected profit of this promo is £7, making it well worth doing as part of your matched betting routine.
Betway Free Bet Club
This loyalty scheme requires you to opt-in first and knowledge of backing and laying accumulators is needed. This is similar to regular matched betting with a few extra things to consider but the top premium sites provide you with the spreadsheets and tools needed.
Betway Free Bet Club gives two £5 free bets when you place £25 or more on accumulators between Saturday and Friday. The qualifying bet must be a treble or bigger accumulator.
When taking into consideration the qualifying loss from backing and laying a treble, the expected profit is still good at £6.
Paddy Power Rewards Club
This is another promotion which requires you to opt-in before placing any bets. Once you are confirmed, simply place five £10 bets between Monday and Sunday to receive a £10 free bet to use the following week. Getting a close match on each of your qualifiers is key to making this offer pay but an expected profit of £5 should be easy enough to achieve.
Other Good Free Bet Clubs
You can also enjoy loyalty offers from the following bookies, expected profit in brackets; Sportingbet (£6), Black Type (£6), Unibet (£5), QuinnBet (£5), Betsafe (£4), Sky Bet (£3.50), Coral (£3.50), Mr Green (£3), Dabble Bet (£3), 10Bet (£3). In addition to these, there are bookmakers that have ongoing weekly free bets as a continuation of their signup offer and Scottish residents can take advantage of McBookie’s Tartan Club for a weekly expected profit of £3.