£50 Risk Free

Smarkets is one of the leading Betting Exchanges in the UK. They currently have a £50 risk free offer split into 5 bets.

You choose a Premier League team upon signing up and get 5 risk-free bets of £10 on each of their next 5 matches (One risk free bet per match).

£50 Risk Free Summary

  • Trigger Bet: 5 x £10 (minimum deposit £10)
  • Minimum Odds: None
  • Profit: £25 to £35
  • Full terms: Click here (bottom of page)

Sign Up To Smarkets 

Sign up to Smarkets (Smarkets review) and deposit £10 to receive the £50 Risk free offer using the links below:

PS. Please use the Smarkets link - find out why here.

Note depositing by Mastercard or credit card can incur a 2.5% deposit fee however not all types of card do. So if you can, deposit via Visa debit card or bank transfer (though this takes up to 5 days). Whilst Skrill and Neteller deposits do not incur a fee, you will not be eligible for the refund bonus.

£50 Risk Free Explained

Step 1: Sign Up & Choose Your Team

Sign up to Smarkets and pick a Premier League team. It's best to choose one of the worse teams in the league (league table here) as these teams are more likely to lose.

Step 2: Back £10 On Smarkets

Place a £10 bet on your desired team's next PremierLeague match.

Step 3: Lay On Betfair

Lay on Betfair using the Normal calculator, this will give you a lay stake of around £9.70.

Step 4: Hope Your Team Does Not Win For £9+ Profit!

You will have lost around 30p from backing and laying your team.

If your team do not win, then you do not lose anything on Smarkets as they refund your £10 bet. However, you win your £9.70(ish) lay stake on Betfair  for a £9.70 overall profit.

If your team does win, then unfortunately you have won on Smarkets and lost on Betfair, for a net loss of 30p or so.

Note you can guarantee a profit regardless of whether your team wins or loses, if this is of interest please see the guide on the Guaranteed Profit Method.

Note

* All markets on the match apply, however it's net losses and so if you have any lay bets or other bets that win then you may not receive the £10 refund.

* It must be Premier League matches too - so if your team is playing a European or Cup match then it's not eligible, it's their next 5 Premier League games.

In summary:

  • Choose a team when signing up

  • Deposit £10 into Smarkets

  • Bet £10 on your team on any market and lay on Betfair as normal.

  • Get a £10 cash refund on Smarkets if your team does not win for an overall profit!

If you want to do the guaranteed profit method then you can do so by checking out the guide here.

You will need an Oddsmonkey account to do this as you have to use their calculator. Remember - if you're doing this method then the £10 bet can be the only bet you have on Smarkets on that game, including lay bets.

Using Smarkets

Signed up to Smarkets? Great! If you're unsure about using Smarkets, check out Team Profit Tom's video for tips on using Smarkets:

Congratulations - Up to £35 Profit Risk Free!

Easy money!

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