Betfred
Bet £10, Get £50 in Free Bets
£30profit
30mins to complete
Offer overviewDan · Your personal guide
Betfred is a bookmaker offering sports betting through its website and app, alongside casino games.
This welcome offer is worth around £30 on average. You put £10 into Betfred and place one qualifying bet (costs roughly 30p to 50p). They give you 3 × £10 standard free bets, which we lock in on the exchange for guaranteed cash, plus 2 × £10 accumulator free bets that you place yourself. That average already blends the guaranteed cash with the typical value of the accumulators.
The money you put in isn't spent. It moves between your accounts to cover both sides of the bet, and comes back when you finish.
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.
Key terms
+£30
Qualifying bet£10 at odds 2.0+
Deposit methodDebit card only
Qualification window7 days from registration
Free bets creditedOn bet settlement
Free bets expire7 days
Step by Step Guide
Start here
Get Smarkets ready
- 1Create a free Smarkets account2 mins. Skip if you've already got one.
- 2Deposit £140Covers the lay bets for this offer. Debit card deposits are instant and free. Apple Pay isn't supported.
Ready for every matched betting offerYou never repeat this setup.
Sign up with Betfred
10 mins
- 1Click the button below to go to Betfred.
- 2Register an account and deposit £10 using a debit card. Apple Pay linked to a debit card also works. No other payment method will qualify.
- 3Switch to decimal odds: go to Settings and change Odds Format to Decimal.
Place your £10 qualifying bet
5 mins
Within 7 days of registering
This unlocks your £50 in free bets. We'll match your bookmaker bet on the exchange so your qualifying loss stays small, usually 10-40p.
Use the finder below to get a low-loss match with the exact stakes for both bets.
Turn your 3 × £10 free bets into cash
5 mins
Use them within 7 days.
Your free bets will be credited once your qualifying bet settles.
Once the free bet credit is visible in your bookmaker account, use the finder below before placing anything.
You also have 2 x £10.00 bet builder free bets to convert before they expire – we'll walk you through those in the next step.
Use your accumulator free bets
5 mins
Use within 7 days of your qualifying bet settling.
Withdraw your funds
5 mins
- 1Once all your free bet matches have finished, check your Betfred account balance.
- 2Withdraw any remaining money in Betfred to your bank account.
- 3Check your Smarkets balance. Move your Betfred profit into Smarkets too. A bigger exchange balance lets you tackle higher-value offers next, some worth £30–50+ each.
- 4Don’t close your Betfred account. Bookmakers sometimes send existing customers extra free bet offers.
5 steps to £30
Petfre (Gibraltar) Limited trades as Betfred and is licensed and regulated in Great Britain by the UK Gambling Commission under account 39544. 18+ only.
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.