If this is your first Multi Bet Offer, it is recommended to read the Multi Bets Offers Explained guide first!
The Fanteam welcome offer is a great offer as you can make some very easy cash. The only flaw with this offer is that bets with your own cash do not count towards the 1x wagering requirement.
Why is this a problem? Well, if your trigger bet wins, you will be stuck with lots of cash in your account before you can access the bonus!
How do we overcome this? Simple! Your second bet will be with all of the money in your account (so all of your own cash, plus all of the bonus) - that way, you are able to wager the bonus and fulfill the 1x wagering requirement!
= Video Guide Clip (popup)
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
Ideally the chosen bet should have the lay bet odds within 10% of the bookmaker odds.
For example, if your bookmaker odds are 2.0, aim for Betfair Exchange 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 small £s under the lay odds. This is called liquidity and if this number is not higher than your required lay stake, do not place the bet as it will not fully match.
Example If you need to lay £13 on the exchange:
Betfair Liquidity here is £3945 on the Lay odds (pink). GOOD - Fine to lay
Liquidity here is only £10 on the Lay odds. BAD - Do not lay
If the £s under the odds are higher than your required lay stake, you can go ahead and place your bets.
Using the Offermatcher
Find the best trigger bets
You will need to place £50 bets until you either a) lose your entire balance, or b) complete the £1200 wagering requirement.
Click below for a direct link to the 10bet Offermatcher.
Calculator at the ready
Once you have chosen your bet, click the calculator icon on the right of the result:
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.
Using your £20 Bonus
Now you must use your £20 bonus once before you can withdraw it. How you approach this will depend on whether your trigger bet has won, or lost.
If you lose your trigger bet lost, great! You can use the £20 bonus as you normally would with a bonus bet. Simply place £20 at odds 2.0+ and calculate as normal. After the game has finished you will be free to withdraw the £20 bonus plus any winnings. Your profit here will be £20, minus the qualifying loss of the trigger bet and the second bet.
If you win the trigger bet, then don't worry. All you are going to do now is bet your ENTIRE BALANCE in one go for your second bet. So lets say you placed a £20 bet originally and you now have £50 cash and a £20 bonus in your account. You will now place £70 at odds 2.0+ and calculate as normal. Likewise, your profit will be £20 minus your initial trigger bet and your second (£70) bet.
Find the chosen bet on the bookmaker website
Click the bookmaker logo next to your chosen bet to load up that exact bet on the bookmaker site.
Place your £50 10bet bet
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
Repeat Until Offer Complete
Now you must repeat this until you either lose your full balance of £150, or until you have placed £1200 worth of bets.
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...
Once all bets have settled...