£5 to £35
If this is your first Multi Bet Offer, it is recommended to read the Multi Bets Offers Explained guide first!
The 10bet offer is a great offer to complete and, if you are lucky enough to "lose" your first few bets, it can be very profitable. They also have plenty of reload offers available and so they are a great bookmaker to have in your Matched Betting arsenal!
Deposit £100 using the bonus code and they will give you £50 on top of it as bonus cash. Simply wager this all 8 times (£1200) to turn it all into withdrawable cash.
You can of course stop wagering if you lose the £150 to the exchange, meaning you are done with the offer!
Warning: This offer may require a large bankroll (£1000+) depending on if your bets win or lose. Prepare for the worst. Ensure you have £1000+ in your exchange, and do not, i repeat DO NOT place a bet at high odds "just to lose it to the exchange". If you do this, you risk having more money in 10bet that you cannot withdraw, potentially leaving you the risk of losing £100s if not £1000+. Follow the steps carefully, do not place high odds bets, and ensure you have enough bankroll and you will be fine completing this offer.
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To make this easier, check the Selections blog where every week we select the best teams for your trigger and free bets.
Check the Exchange lay odds aren't drastically higher than the back odds
Firstly, make sure you have the Lay Bets toggle selected at the top of the page:
Ideally the chosen team should have the lay bet odds within 10% of the bookmaker odds.
For example, if your bookmaker odds are 2.0, aim for PocketBet lay odds no higher than 2.2.
The next step in your laying process is super important and must be done before placing every lay bet.
Check the maximum stake under the stake box in your PocketBet betslip. This is called liquidity and if this number is not higher than your required lay stake then you will not be able to lay your bet.
Example If you need to lay £20 on the exchange:
PocketBet Liquidity here is £87. GOOD - Fine to lay
PocketBet Liquidity here is only £17. BAD - Do not lay
If the max stake is higher than your required lay stake, you can go ahead and place your bets.
Place your exchange lay bet
Use the lay amount from the calculator in Step 2 and enter that into the 'Backer's Stake' on the exchange
Again, do a 'Liquidity' check explained in step 1 to ensure there is enough money available to lay your stake.
Note: In the unlikely event that the liquidity changes as you are placing your lay bet and your bet does not 'fully match', you can use this guide to help resolve this.
Repeat Until Offer Complete
Now you must repeat this until you either lose your full balance of £150, or until you have placed £1200.
If you lose your balance, you are done with the offer! Great! Your profit is simply £50, minus any qualifying losses you took when placing those £50 bets. All of your profit will now be in the exchange.
If you have to complete wagering, then unfortunately you will have made significantly less from this offer. You will have taken lots of small qualifying losses when placing your £50 trigger bets, however thanks to the Offermatcher you will have still made a profit!
WARNING: There is a common misconception that it's easy to just "lose it to the exchange" by placing the bet at high odds. DO NOT do this. If you do and your bet wins, you will have a lot of your own money tied up in a bonus that you cannot withdraw and you will have a big problem!
Once all bets have settled...