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£10 Refund

138bet have a £10 refund offer. It's slightly different than a normal refund though, as you will only get 50% refunded as opposed to the whole amount. So the strategy here is to place a £20 bet, and if it wins you profit instantly. If it loses you are at a small loss however get a £10 free bet to recoup any losses and make a profit.

£10 Refund Summary

  • Trigger Bet: £20
  • Minimum Odds: 1.8
  • Free Bet: £10
  • Profit: £5
  • Full terms: Click here

Sign Up To 138

Sign up to 138 and deposit £20 to receive the £10 Refund offer. Also sign up to Betfair (if you do not yet have a Betfair account) using the below links:

ps. Please use the Betfair link - find out why here.


video image= Video Guide Clip

  • Choose a popular league or cup on 138.video image

  • Choose a team above the 1.8 minimum odds

  • The higher odds you choose, the more likely your first bet will lose and so you will receive the free bet! Note this will require a highly liability in Betfair:

    £30 Trigger Bet Back Odds Betfair Liability % Chance of Losing (desirable)
    2.0 £23 50%
    3.0 £45 66%
    4.0 £65 75%
    5.0 £85 80%
    6.0 £105 83%

    To make this even easier and faster, I compile the best bets with high odds available each day. Check out the blog for the most recent 'Trigger Bet and Free Bet: Weekly Selections' and scroll down to the free bets section.

  • Check the Betfair Exchange lay odds and choose the team with the closest lay bet odds to the bookmaker odds.video image

    Ideally the chosen team should have the lay bet odds within 10% of the bookmaker odds. For example, if your bookmaker odds are 4.0, aim for Betfair Exchange lay odds no higher than 4.4.

  • Place your £20 138 betvideo image

  • Place your Betfair Exchange lay bet using the lay amount from Step 2 in Backer's Stakevideo image

The £10 free bet is added within 24 hours of the trigger bet losing.

You now repeat Steps 1 to 3 as you did in the trigger bet part with one change in each step:

  • Step 1: Choose a team with higher odds to make a larger profit:video image

    £30 Free Bet
    Back Odds
    Betfair
    Liability
    Your Profit
    2.0 £6 £4
    3.0 £15 £6
    4.0 £25 £6.50
    5.0 £35 £7
    6.0 £45 £7

    To make this even easier and faster, I compile the best bets with high odds available each day. Check out the blog for the most recent 'Trigger Bet and Free Bet: Weekly Selections' and scroll down to the free bets section.

  • Step 2: Select 'Free Bet SNR' in the Calculator as 'bet type'.video image

  • Step 3: Use the free bet in the betslip.video image

Once the free bet has settled....

Congratulations - £5 Profit Risk Free!

Easy money! If your trigger bet or free bet won in 138, then withdraw these winnings.

Mark the offer as complete and lets get cracking with the next offer.

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