Goto the Latest Offers section of bet72.com to view all the current FREE bet offers and choose a previously unused bookmaker.  

We always recommend that you follow our links to ensure you obtain the correct offer.  It is important that you ALWAYS check the current terms and conditions of the offer on the bookmakers site.  

If there is anything you do not understand or are unsure of then do not proceed and contact us for assistance.

Open a new window on your Internet explorer and go to your betting exchange website and login. 

Open the bet72.com matched betting spreadsheet. If you do not have a copy just sign up to the bet72.com mailing list via out homepage and you will be automatically sent a copy.

Choose an event where the odds to BACK a particular outcome at your chosen bookmaker are close to the odds to LAY at the betting exchange. Sometimes the default for a bookmaker screen can be to show the odds in fractions, rather than the decimal figures seen on the betting exchanges. Look for the option to set this on the bookmaker site or click here to see our Odds Conversion Table

For the purposes of this page all example bets will be shown in decimal. 
   
Enter the required information into the bet72.com betting calculator, which will then calculate how much to lay at the betting exchange and what the overall profit or loss will be from this bet .  

Remember, a small loss is acceptable to gain the free bet (as long as it does not exceed the value of the free bet you are gaining). Once you have gained your free bet credit or token into your account you need to go through the process again to convert this bonus into risk free cash. 

Once you have your free bet credit, start over again and find an event with a BACK / LAY outcome at similar odds and enter the information into the calculator. 

If the free bet stake is not returned as part of your winnings (this is usual) then it is important to enter it in the relevant box otherwise set this figure to 0.00. 

Typically if the free bet stake is not returned you are looking for a bet at 3.5 or above to extract around 70% of the bonus amount, provided that the LAY odds are quite close. Try entering different permutations of BACK and LAY figures into the spreadsheet to see what effect the difference in odds have on the overall profit.

For example a Free £25 bet with a non returned stake, the most common free bet you will come across would return £15.59 from a BACK at 11/5 (3.2) and a LAY at 3.4 just over 62% return, but find a match with increased odds, BACK at 4 and LAY at 4.2 gives a £17.18, a 68% return on the £25 free bet. However the crucial thing is that because we have BACKed and LAYed the selection then this money is guaranteed and risk free.

The lay stake will be automatically calculated and also the liability amount. This is the amount you must have available in your betting exchange account to place the LAY bet, so it follows that the higher the odds the more funds you need to cover the bet.

This is all risk free, however the money will be tied up for the duration of the event and the length of time it takes for the subsequent withdrawal to be processed and returned. The overall profit will be calculated and provided that the BACK odds are higher than the LAY odds this will show as a positive return, risk free, no matter what the result may be.

After the event all the risk free profit will either be in the bookmaker or betting exchange account depending on the outcome of the event. The important thing is that this amount will be the same whatever the outcome and it is all risk free.            
Select another unused bookmaker and repeat the procedure.

THE LINKS ON THIS SITE AND WITHIN THE bet72.com MATCHED BETTING SPREADSHEET ARE REGULARLY UPDATED TO SHOW ALL THE CURRENT OFFERS AVAILABLE CLICK HERE

Spreadsheet Examples

Below are the 3 scenarios in which you will use the bet72.com spreadsheet. One for obtaining the free bet in the first place, one for cashing out if the free bet stake is not returned and one for cashing out if the free bet stake is returned. 

In the example assume the odds to BACK are 3.4 (12/5) and to LAY are 3.60

Obtaining a free bet  

Enter in the stake in BACK STAKE field, enter 0 in the FREE BET TO USE, NON RETURNED STAKE field, the LAY odds and your commission rate at the betting exchange (generally 5%)

The T&C's will usually state something like:  Free bet stakes are not returned with any winnings.

Enter 0 in the BACK STAKE field, the FREE BET amount in the FREE BET TO USE, enter the NON RETURNED amount in the NON RETURNED STAKE field, the LAY odds and your commission rate at the betting exchange (generally 5%)

The T&C's will usually state something like: The free bet must then be staked before any withdrawal is permitted

Enter 0 in the BACK STAKE field, the FREE BET amount in the FREE BET TO USE and enter 0 in the NON RETURNED STAKE field, the LAY odds and your commission rate at the betting exchange (generally 5%)