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William Hill £30 free bet welcome offer

Matched Betting Blog post

William Hill £30 free bet is a great offer for new customers.

Firstly, sign-up for a new account with William Hill using promotion code P30.  Then, deposit £10 with a debit card to get started.

New customers using Promo Code P30 only, min £10/€10 stake, min odds ½, free bets paid as £15/€15 (30 days expiry), free bet/payment method/player/country restrictions apply.

Change your odds display to decimal for easy comparison with the betting exchange odds.

Place your £10 qualifying bet

Place a £10 qualifying bet at odds greater than 1/2 (1.5), and you will immediately be credited with 2 x £15 free bets.

The following example is using a £10 qualifying bet on Southampton to beat Brighton at odds of 3/4 (1.75).

Lay your £10 qualifying bet

Use the Trickybet lay calculator in Normal bet/qualifier bet mode and lay £9.83 at Smarkets, for £0.36 liability at the exchange.

The potential profit outcomes are the same regardless of the result of Southampton vs. Brighton:

a.) If Southampton win: Plus £7.50 at William Hill, minus £7.86 at Smarkets = £0.36 qualfying loss.

b). If Southampton do not win: Minus £10 at William Hill. Plus £9.63 at Smarkets (£9.83 minus £0.20 commission) = £0.37 qualifying loss.

Use your William Hill free bets

Once your two £15 free bets are credited they are valid for 30 days.

When using a free bet at William Hill, click on your selection and it will be added to your betting slip.

In the betting slip, input your stake, i.e. £15 and select the free bet from the dropdown box. Finally, click “Place Bet”.

William Hill has competitive odds on football and horse racing. This makes it easy to find a high odds match for your £15 free bets. Let’s look at two examples from top-level football.

Using the Trickybet lay calculator in bet type “Free Bet SNR (Stake Not Returned)” mode.

Place your first £10 free bet

The first example is a fixture from 30th January 2018. Rennes vs. PSG draw is available as an 8.00/8.20 odds match.

a). Use your William Hill £15 free bet on the draw @ 8.00.

b). Lay £12.84 on the Rennes draw at Smarkets for £92.42liability.

If Rennes win at William Hill that is £105 minus £61.63 equals £12.58.

Or if Rennes do not win, the £12.84 lay bet wins at Smarkets, minus 2% commission of £0.26 for £12.58 profit.

Place your second £10 free bet

For example, a Premier League match. Chelsea vs. Bournemouth draw is available as a 6.00/6.20 odds match.

a). Place your William Hill £15 free bet on the draw @ 6.20.

b). Lay £12.14 on the draw at Smarkets. Your lay liability is £63.11.

If the match finishes a draw: you win £75 at William Hill, minus £63.11 lay loss equals £11.89.

If the match does not finish a draw: Your £15 free bet loses but it wasn’t your own money anyway, and the £12.14 lay at Smarkets wins, minus £0.25 commission gives an £11.89 profit.

Yet again, our matched betting strategy shows the same profit regardless of the result.

Net profit

Using the above figures, the net profit from William Hill £30 of free bets is as follows: the qualifying matched bet lost £0.37.  However, the £30 of free bets can be turned in to around £23 to £24 profit.

You should aim for 75% net profit from the William Hill welcome offer.

See the free bet strategy for how to turn an SNR free bet into cash.

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