
Betfred was founded in 1967 by Fred Done in Salford, making it one of the longest-running bookmakers in the UK. They're fully regulated by the UK Gambling Commission.
You'll find Betfred shops on most high streets, but we're using the online version.
Betfred's welcome offer earns you around £22 in locked-in profit (and possibly more). You put £10 into Betfred and place one qualifying bet (costs roughly 30-50p). They give you 3 × £10 free bets plus 2 × £10 accumulator free bets. The standard free bets convert to about £22 in real cash. The accumulators are yours to place on whatever you fancy. If they win, that's bonus profit on top.
You need about £150 total across both accounts, but none of that money is spent. It just moves between your accounts to cover both sides of the bet.
It takes about 25 minutes of actual work, spread over a couple of days. Once Betfred's done, your exchange balance is ready for the next offer.
You'll use your existing Smarkets account for this one. If you haven't set one up yet, do that first with the Coral offer.
When you place a bet on Betfred, you also place an opposite bet on Smarkets to cancel it out. If Betfred's bet wins, Smarkets needs to pay the difference, and the £140.00 is there to cover that worst case.
You won't lose this money. It just needs to be in your Smarkets account while the bet settles. After the match, the unused balance is yours again.
Your qualifying bet earns you the free bets. By matching it on the exchange, you keep the loss tiny, typically 10–30p. In return, you get £30 worth of free bets to turn into guaranteed cash, plus £20 in accumulator free bets.
Don’t worry about finding the right match yourself. Tap ‘Find my qualifying bet’ below and we’ll scan upcoming fixtures, do the maths, and tell you exactly which match to find and what stakes to place.
You also have 2 x £10.00 accumulator free bets to convert before they expire – we'll walk you through those in the next step.
You also have 2 × £10.00 accumulator free bets. Unlike your main free bets, these can't be matched for guaranteed cash, but they're completely free. If they win, it's bonus money on top of your £22.00 profit.
Each accumulator needs at least 4 selections, and you can use them on any sport.
You also have 2 × £10.00 accumulator free bets. Unlike your main free bets, these can't be matched for guaranteed cash, but they're completely free. If they win, it's bonus money on top of your £22.00 profit.
Done? Tick off each step above to see your total.
18+. Gambling can be addictive. If you feel you may have a problem, visit BeGambleAware.org. Matched betting involves placing bets with real money. While the mathematical approach minimises risk, losses can occur if instructions are not followed exactly.