Bet £10 Get £20
BET £10 GET £20
Kwiff are a very interesting bookmaker. Every time you place a bet, you have the chance to get "kwiffed". This means the back odds could shoot up, giving you much better value and/or letting you lock in a decent profit before the game has even started!
= Video Guide Clip (popup)
To make this even easier and faster, check the Selections blog where every week I 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 team 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
Smarkets Liquidity here is £2992 on Lay odds (blue). GOOD - Fine to lay
Liquidity here is only £11 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.
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.
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.
Within 48 hours, Kwiff will automatically place a £20 free bet for you, which you can find my clicking 'My Bets' at the bottom of the app screen.
Unfortunately you won't have any choice what the bet is placed on. If you can, lay the bet in Free Bet SNR mode. If the bet cannot be laid, you will just have to hope that it wins.
If you can lay the bet, open up the calculator.
- Select Free Bet SNR at the top
- The bookmaker stake is £20.
- Enter the Kwiff back odds.
- Enter the exchange lay odds.
- Enter the lay commission.
Once your bets have settled, you should have made around £10 profit.