What are reload offers?
Matched betting reload offers are ongoing promotions for existing customers. After completing matched betting welcome offers – use regular offers to make a profit.
Let’s summarise the main types of reloads.
Bet X Get Y offers
These tend to be regular offers, the emphasis is on making small regular profits. A typical offer is: deposit a certain amount, place a qualifying bet, then you’ll receive a free bet.
For example, “Bet £10, get a £5 free bet”. These are great bankroll builders for more advanced offers.
Weekly bet clubs
Bookmakers like to encourage customer loyalty with regular incentives. The “loyalty club” style promotions can yield a few pounds each week – and potentially hundreds of pounds profit a year. See Weekly free bet clubs for an overview.
Horse racing reload offers
Here’s a summary of the various horse racing promotions to expect.
Refund if second
The bookmaker will refund your stake as a free bet if your horse finishes second in a race. Typically to a maximum refund of £25 per race.
The strategy is back and lay a horse with minimal qualifying loss – and hope it finishes second. Look for races with a small number of runners (consider the minimum number of runners to qualify for a refund).
This is lucrative when the refund triggers. We can typically back and lay a £25 free bet to make around £20 profit. Money back if second is a rare offer in recent times. Bookmakers seem to favour some similar offers:
Refund if 2nd to SP favourite– your horse must finish second to the Starting Price favourite. Keep qualifying bet losses to a minimum, as this offer does not trigger as often as refund if 2nd.
Refund if beaten by a length: get a free bet refund if your horse finishes second – losing by less than one length. This is more likely to happen in flat racing than jumps races.
Another variant is refund if beaten by a head or neck – your horse must lose and finish second by the specified distance.
Free bet on winner
On live ITV Racing, Bet365 4/1 and Betfair Sportsbook 3/1 SP winner offer are the main promotions.
For the Bet365 4/1 offer, select a live ITV race. Back a horse at odds of 4/1 (5.00) or higher up to £50. For example, back £50 at 5.50, then lay £50 at 5.60. If your horse wins, the qualifying loss is £5. Then, in the next live ITV race, back £25 on a horse with minimum odds of 4/1 (5.00). Lay as if Stake Not Returned (say £15-17 of your £25 stake). If your horse loses, Bet365 refund your stake. If your horse wins, repeat the offer until you lose.
Betfair Sportsbook (BFSB) 3/1+ SP is similar, but your horse must win at a Starting Price of 3/1 or higher. BFSB will refund your stake as a free bet up to £25 per race.
Back and lay a horse for a very small qualifying loss. If your horse falls, you’ll receive a free bet refund.
Potentially the most profitable horse racing offer. A bookmaker offers to pay 5 places on each-way bets (the exchange pays 4). Place an each-way bet at the bookmaker. Then, place two matching lay bets on the “Winner” and “To Place” markets on the exchange.
If your horse finishes 5th, win both your back and lay bets for extra profit.
Football reload offers
Football’s popularity ensures some good matched betting offers. Matched betting on high-profile football matches is also a great way of avoiding a gubbing.
Free bet if offers
Get a free bet if a specific outcomes occurs. For example:
- if a match finishes as a 0-0 draw (Bore draw offers),
- or if a penalty being awarded,
- a red card in a match, and so on.
Also, refund on selected markets if the match result is a draw.
The basic strategy is back and lay on a qualifying market (i.e. correct score) for minimal qualifying loss. Then lay the draw to cover your loss. If the refund trigger (draw) occurs, you’ll get a free bet refund. Then, back and lay the free bet as SNR for locked-in profit.
At various online bookies and in some betting shops, get a free bet refund if one team loses in your 5-fold accumulator bet.
Example offers include: Paddy Power Refund if a certain player scores at anytime in the match, and Double delight/Hat-trick Heaven (DDHH).
DDHH can be very most lucrative. If your first goalscorer bet wins and your player scores two or three goals, get paid at double or treble the odds.
Casino reload offers
Free spins – some free spins come with no wagering requirement. Alternatively, turn your winnings over a specific number of times to cash out.
Other popular casino offer include:
Percentage refunds – refund as a percentage amount of losses. Your refund will be with either no wagering or a certain times rollover requirement.
Deposit bonuses – deposit £X to get £Y bonus amount. These will likely have a wagering requirement attached, but can still be potentially profitable over a long-term outlook.
Cashback – a refund as cash if you lose a certain amount on casino/games.
This post has introduced a variety of promotions. In addition, you will find plentiful price boosts and enhanced odds, and offers on a range of other sports like American football, cricket, mixed martial arts, and boxing.