2nd Bookie = Boylesport bet £20 get £20 free Bet No 3.(qualifying bet)
Opened a Boylesport account and deposited £20, searched for my qualifing bet, a bet that you will lose as little as possible on.
Backed £20 on the Bath 17:45 : Papyrian 3.25 to win (horse lost)
Layed Papyrian on Betfair at 2.92
Summary:
Place BACK bet with £20.00 at odds of 3.25
Place LAY bet at betting exchange with £22.65 at odds of 2.92 (you will need £43.48 in your betting exchange account to cover this bet)
An overall profit of £1.52 to obtain the free bet.
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The Calculations:
If your selection wins you will lose £-43.48 at the betting exchange but win £45.00 at the bookmakers. Overall Profit/Loss of £1.52
And if your selection loses you will lose £-20.00 at the bookmakers but win £21.52 at the betting exchange. Overall Profit/Loss of £1.52
now i have my free £20 bet i need to look for the next match to bet on
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Bet No 4. Free Bet (stake not returned)
I bet my £20 free bet on Lawrie, Peter to win the KLM open golf at 7
I layed Lawrie, Peter at £17.27 on betfair to lose at 7 (Lawrie Lost)
This gives me a profit of £16.40 no matter what the out come of the match is
Summary:
Place BACK bet with £20.00 (using freebet stake) at odds of 7
Place LAY bet at betting exchange with £15.73 at odds of 7 (you will need £103.60 in your betting exchange account to cover this bet) An overall profit of £14.94

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The Calculations:
If your selection wins you will lose £103.60 at the betting exchange but win £120.00 at the bookmakers. Overall Profit/Loss of £16.40
And if your selection loses you will lose £0.00 at the bookmakers but win £16.40 at the betting exchange. Overall Profit/Loss of £16.40

Total profit so far £30.48

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