Payment systems

Stake Returned

Free Bet – Stake 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 Returned. Great!

This bet is therefore going to be very similar to the Qualifying bet that we have just placed. The only difference being that our original stake is going to be the Free Money that the bookmaker has given us to bet with.

Example

We place a bet at the odds 2.5 on Team A to win the match.

We bet the Free £10 stake that the bookmaker has given us.

This means that if our bet wins we earn:

(2.5 x Stake) = (2.5 x £10) = £25

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.

So what are the Rules for this type of bet – Stake Returned?

Free Bet Rules – (Stake Returned)

Stake Returned
Stake Returned
  1. Look for the Shortest Odds in order to maximise our return
  2. Ensure the odds you find meet the minimum requirement in the Term’s & Conditions (if there are any)
  3. Find the closest matching odds between back and lay bets
  4. Always place the Back Bet first, then the Lay

Now we believe we’ve found our odds the next step is completing the Match Betting Spreadsheet so……

Step 1. Fill in the “Bet Stake” box with the amount we are going to bet

In the example above this would be £10

Bet Stake
Step 2. As this is a Stake Returned Bet, we enter £0 in the “Stake Forfeit” box.
Stake Forfeit
Step 3. Enter the odds that we have found at our bookmaker and at Betfair.
  • Back odds (bookmaker) into the “Back Odds” box.
  • Lay odds (Betfair/Excahnge) into the “Lay Odds” box.
    I will use 2.5 Back and 2.55 lay in this example.
Back Odds Lay Odds
Step 4. We’re Finished!

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.