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William Hill £30 free bet welcome offer

Matched Betting Blog post

This is a guide to William Hill free bet welcome offer. Learn matched betting tips to make money from this free bet offer.

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.

At the top of William Hill website, change the settings for “Odds Format” from Fraction to Decimal. This will allow 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’ll immediately receive 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.

Then, lay £9.83 on Southampton at odds of 1.8 with Smarkets, for £0.36 liability at the exchange (assuming 2% commission).

So the bet is now matched.

Regardless of Southampton versus Brighton result, you’ll incur a small qualifying bet loss.

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

Let’s get started with using the two £15 free bets, which are valid for 30 days.

When using a free bet at William Hill, click on your selection and it’s 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 is not 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, matched betting strategy shows the same profit regardless of the result.

Net profit

Based on the above figures, you’d expect to make £23 to £24 from William Hill £30 of free bets. A small qualifying loss allows you to back and lay the free bet for profit.

Aim for 75% net profit from the William Hill welcome offer.

Want to discover how to turn a free bet into cash? Check out our free bet strategy guide.

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