The Butler Is Serving Up A Tasty £25 Free Bet
DATE POSTED: 11/02/2013
DATE POSTED: 11/02/2013
Brokerage firm BetButler传奇sf are currently offering all new customers a risk free £25 bet.
I've been aware of BetButler for a while and like the look of how they're developing as a service.
The concept is a simple one.
传奇sfThey compare odds with over 60 different bookmakers around the world. So, when you place a bet, they can serve you the best available price in the market. Saving you time and getting you a better return for your money. All through one easy-to-use-account.
The terms of this £25 free bet offer are also pretty simple.
1. Join BetButler.
2. Deposit £25.
3. Place a £25 bet at odds of at least 1.50.
4. If the bet wins you keep all the winnings and no free bet is payable. If the bet loses BetButler will give you a £25 free bet.
To claim the £25 free bet you must email firstname.lastname@example.org with the reference number of your qualifying bet.
There are two methods you could use to take advantage of this offer.
传奇sfBack an outcome at decent odds that you feel has a good chance of winning. I would recommend something in the range of maybe 2.50 – 3.00. The hope is that the bet will win, you make an instant profit, and you don't have to bother with the free bet.
传奇sfIf your first bet loses you will then be awarded a £25 free bet.
This free bet is not withdrawable. When you try to withdraw any future profit the value of the free bet will be deducted from your first withdrawal.
This basically means the free bet needs to be treated like a standard Stake Not Returned free bet.
The objective for your second bet, if applicable, is to make a profit as close to £25 as you possibly can. This will cover your loss from your first bet.
传奇sfLook for back odds of at least 4.00 and, ideally, lay odds less than the back odds.
If your second bet wins...your balance at BetButler becomes withdrawable!
传奇sfWith this method you're basically risking the chance of a small loss (if your first bet loses) for a shot at a quick and easy profit (if your first bet wins).
Treat this offer more like you would a normal matched betting opportunity.
传奇sfIn other words place a qualifying bet that might make a small profit (or even lose a few pence)...with a view to profiting from the free bet in the future.
However, this offer is slightly complicated by the fact that if your first bet wins you don't actually get the free bet.
To overcome this you need to underlay the bet. This means that, if the first bet does win, you will break even at the exchange and make a small profit at BetButler.
Underlaying (and overlaying for that matter) is all handled for you by the OddsTrawler calculator.
传奇sfThis method is a bit more time consuming and relies on you, if possible, finding a match where the lay odds are lower than the back odds.
Unfortunately, the BetButler odds feed has not yet been integrated into OddsTrawler so you will have to manually search for odds.
Our will be useful for this task.
Once you're found odds that meet you needs enter them into the calculator and bet according to the underlay figures.
传奇sfThe screenshot below shows an example of how to underlay your first bet. Ignore that fact that it says BetVictor...it's the figures that are important!
As you can see, if the back odds were 5.00 and the lay odds were 4.50, you would lay £26.32 at the exchange.
If your first bet wins you will make a profit of £7.88...but will not qualify for the free bet.
If your first bet loses you will break even...and qualify for the free bet.
You can then place a second bet using the free bet as Stake Not Returned (look for back odds of at least 4.00 and, ideally, lay odds less than the back odds). Any winnings from this second bet are pure profit.
This does also work if the lay odds are more than the back odds. However, the further apart they are the less profit you will make. The custom section of the calculator in the screenshot below shows you what would happen if the back odds were 5.00 and the lay odds were 5.20.
You would now lay £21.84 at the exchange.
If your first bet wins you will make a profit of £8.27...but will not qualify for the free bet.
传奇sfIf your first bet loses you will lose £4.25...and qualify for the free bet. This small loss is not a problem because you will easily recoup it (and more on top) when you take advantage of the free bet.
IMPORTANT NOTE: The figures quoted on this page do not take into account the 3% commission BetButler take from winning bets. This will obviously reduce your profit slightly if the back part of any bets win.
You can quickly and easily find your own bets by using your version of the OddsTrawler software.
If you need help making the most out of this offer please email me.