£50 Bonus
K8 is predominately an Asian bookmaker though they have recently been expanding in the UK market including sponsorships of Premier League teams West Brom and Man City.
£50 Bonus Summary
Please read the 'Multi Bets Explained' guide before completing this offer!
Make your first deposit up to £50 and K8 will give you a bonus equal to your first deposit amount. This bonus is withdrawable after betting 6 times your deposit+bonus, known as the 'wagering requirement'.
This offer is worth up to £20 profit risk free.
- First deposit: Up to £50
- Bonus amount: Equal to your first deposit amount up to £50
- Wagering requirement: 6 x bonus+deposit (i.e. £50 bonus requires £600 wagering)
- Wagering minimum odds: 2.0
- Time limit: 14 days
- Profit: Up to £20
- Full Terms: Click here
Choosing Your Bonus Amount
We need to be careful choosing an appropriate bonus amount (which is determined by your first deposit amount on K8). This is because we need to have sufficient available cash in Betfair to cover the larger number of lay bets.
Please note you only have 14 days to complete the wagering so you'll need to ensure you have some free time over the next 14 days to complete this offer.
As explained in the Multi Bets Explained guide, you should have 70% of the wagering requirement in your Exchange. We have summarised this in the table below:
| K8 Bonus | Wagering Requirement | Exchange Balance Required | Your Profit |
|---|---|---|---|
| £10 | £120 | £85 | £4 |
| £25 | £300 | £210 | £10 |
| £50 | £600 | £425 | £20 |
So if you intend to take the full £100 bonus in K8, ensure you have £700 in your Exchange.
£20 Profit Risk Free Explained
You will lose up to £30 from wagering £600. Once you have wagered £600, you will be able to withdraw the £50 bonus. This gives a net profit of £20 profit risk free.
Sign Up To K8
Sign up to K8 and deposit up to £50 (based on 'Choose Your Bonus' above) using the below links:
= Video Guide Clip
Choose team(s) above the 2.0 minimum odds on K8 (use the OddsMonkey OddsMatcher filter). Preferably with odds below 2.5 to keep your liability low.
The K8 website shows decimal odds by default!
Check the Betfair Exchange lay odds and choose the team with the closest lay bet odds to the bookmaker odds.
Enter your stake, back odds and lay odds into the Calculator
Place your K8 bet
Place your Betfair Exchange lay bet using the lay amount from Step 2 in Backer's Stake
Once your have reached the wagering requirement, you can withdraw the bonus as cash! There is no free bet part of this offer.
Congratulations - Up To £20 Profit Risk Free!
Easy money!
Mark the offer as complete and lets get cracking with the next offer.