An Alternative Way to Guarantee Profit Using the Bet365 In-Play Free Bet

One of our Twitter followers (@tom29whu) has come up with these risk free ways to guarantee profit on the Real Madrid vs Borussia Dortmund match tonight using the risk free £50 in-play bet that Bet365 are offering.

It's another big night in the Champions League on Tuesday night, and the occasion is being marked with the return of Bet365's fantastic free £50 in play bet. With a bit of craft, there's potential to make totally risk free cash. Here's how it works.

You will need a Bet365 account, and either a Betdaq or Betfair account. 

Open a new Bet365 account here.   Open a new Betfair account here.

Place a £50 bet in any pre-game market. Then place another bet in play, and if it loses, your bet is refunded. Note, the refunded money can be withdrawn as cash. So how can we make money? First let's first look at two different techniques that can be used to exploit the offer:

Matched Bet: Bet £50 before kick-off on a market. As soon as the game kicks off, bet another £50 on the exact same market. Then by using a betting exchange (e.g. Betfair or Betdaq), LAY the outcome. By laying a specific amount, we can guarantee equal amount of profit regardless of the result.

Bet To Nothing: As before, place two £50 bets on the same market, one pre-game, and one as soon as the game kicks off. This time we could LAY the outcome so that we would cover the £50 loss that we would suffer if the bet loses. In other words, if the outcome wins, we will make a big profit. If the outcome doesn't, we get our money back.

Here are a couple of suggestions. Note that all prices quoted are correct at time of writing. If you don't like the look of my suggestions, simply apply the method to your own bet:

Suggestion 1:

Dortmund have become the fashionable team to support this season. The band-wagon has well and truly been jumped on, and with their superb performance in the first leg, perhaps justifiably so. That being said, Real Madrid will not give this up without a fight. They should come out the blocks flying.

If you fancy taking your chances with a totally risk free bet to nothing, here's how to do it.

Bet To Nothing:

Go onto bet365 and “back Real Madrid to win HT/FT” @ 1.61. As explained before, bet £50 on it before the game, and another £50 as soon as the game begins.

Then go to Betfair, and LAY £52.63 @ 2.54. Don't panic; its easy. Find the corresponding market, and simply click on the pink box alongside “Real Madrid/Real Madrid” and type £52.63 into the backers stake box (you'll need £81.05 in your betfair account)

Then, if Real Madrid aren't winning at HT/FT, then you will receive the £52.63 on Betfair (minus commission), plus the £50 back from Bet365. In other words, the worst possible outcome is to break even.

If Real Madrid are winning at HT/FT, then you will lose £81 on Betfair. However, you will make £130 profit on Bet365. In this case, you will make £49 profit.

Matched Bet:

If you'd rather play safe, you could place the same bet on Bet365, but lay £72.30. This way you will make £18.60 regardless of the outcome.

Suggestion 2:

If you're feeling adventurous, even more money could be made if Real Madrid overturn the odds and qualify.

Bet To Nothing:

Back Real Madrid to Qualify @ 5.00 just as outlined before. Lay £52.63 (backers stake). This will require a total liability of £226 on Betfair (it's fine, you'll get it back!). If Dortmund Qualify, you will get your money back (as before). However, if Real Madrid qualify, you will make £400 profit on bet365, minus £226 on Betfair = £174. Yep, you read that right. You can make £174 completely risk free, no catch.

Again, if you want to play safe, you can. Laying £86 (backers stake) should do the trick. That will return a nice £30 profit, regardless of the outcome.

Things to note:

– Odds are always subject to change. Please check before placing any bets.
– Be careful to bet on the same market on each site. For example “to win both halves” is not the same market as “HT/FT betting”.
– The higher the odds, the more money that can be made. However the trade off is that you need more money in your Betfair account to cover the bet. But this is nothing to worry about, you are guaranteed to get it back!
– Without getting too technical, you need to make sure that there is enough liquidity on the market you are betting on. This is the small number underneath the odds on Betfair. If this amount is high, then you're absolutely fine.

Tips:

– When going for a “Bet to Nothing”, the higher the odds, the higher the potential return (as seen in the examples above. The two downsides are :
1) Obviously, the higher the odds, the less chance you have of making the profit.
2) You will need to lay more money in the betfair account. But I'll reiterate, the worst case scenario is that you'll get your money back.
– With “Bets to Nothing”, the magic amount to lay is £52.63. This is because once commission is taken, you will have exactly £50 profit in your account, which will make up for the £50 loss in the Bet365 account.

– With “Matched Betting”, there is one main thing to look out for when picking a market. Remember that the bet itself is irrelevant; you will profit whether your bet wins or not.
1) Find a market where the odds on bet365 are as similar to the odds on Betfair as possible. This is called a “good match” and will maximise potential returns.
Again, the longer the odds (generally), the more money that can be made. By experimenting on Betfair's website, you should be able to work out exactly how much you should lay to make optimum profit. If not, then feel free to use one of the suggestions on the website.

A word of warning: although I reiterate this is foolproof, it does require (in some situations, e.g. the second suggestion listed above) a substantial outlay. As a result, be very careful when adopting these tactics. Check all bets, double-check them, and then treble-check them. Make sure you are betting on the correct market, and that you are staking the correct amount. Besides that, you simply cannot lose.

This sounds far too good to be true, of course it does. But it's a genuine foolproof approach, backed up by simple mathematics. As a self-professed matched betting expert (and a mathematics undergraduate!), who is over £500 in profit since August using tactics like this, I can assure you that this method is the best way to make free money on these offers.

If you have any further questions, or would like to find out more about risk free matched betting, feel free to follow me at @tom29whu.

All Bet365 customers get the free £50 in-play bet, if you need an account with Bet365 open one below and you will also get your first deposit doubled up to £200:

*OPEN A NEW BET365 ACCOUNT HERE*