Free Bet – Stake Not Returned
Ok so we have placed our Qualifying bet and made a little loss in the process, but now comes the part we have been looking for. You now get the chance to place your Free Bet.
You’ve checked the terms and conditions and determined that the Free Bet is Stake Not Returned. That’s ok, we can still make this work.
Tip 1. As a general rule of thumb, if the Free Bet is credited as a Free Token or Voucher, or is placed into a “Free Bet Balance” it will most likely be Stake Not Returned
Tip 2. These bets usually include a rollover condition in the T&C’s, but that is ok as this type of bet generally loses at the bookmaker end, making the rollover condition irrelevant.
This bet is slightly different as we do not get the original Free Bet stake returned to us if our bet wins. This affects our calculations slighlty, but that’s ok as the Match Betting Spreadsheet does them for us anyway. Great A quick example of the bet is shown below.
We place a bet at the odds 7.0 on Team A to win the match.
We bet the Free £10 stake that the bookmaker has given us, but remember that as this is a stake not returned bet, we need to subtract the original Free Bet stake.
This means that if our bet wins we earn:
(7.0 x Stake) – Stake = (7.0 x £10) – £10 = £60
We are placing this bet above but we want to match it, so that either way we walk away with as much of the Free Stake as we can.
If the odds look ok and the spreadsheet is telling us that we will only lose a small amount on this bet (no greater than £2 as it is only a £10 free bet (even that is quite big), then we can go ahead and place our bets.
Alternatively go back and find better odds for less of a loss on the free stake.
Remember, we want to keep as much of the free stake as we can. This will be our profit.