Rating: 4/5
Expected Profit: £12
Time To Complete: 15 minutes
Before continuing, please make sure you have read the ‘points to note’ on the previous page. Then, carefully follow the steps below to unlock free bet credits. Always complete account verification before moving onto Step 2 and depositing.
For the most profitable outcome, this offer requires you to have an account with a betting exchange. If you do not already have one, click here to read our quick guide on how to get started. A basic knowledge of exchanges will be helpful - also covered in our guide (4 min read).
Step 1:
Sign up to Midnite here and enter the promo code BET10GET20 when the option is made available. Complete the account verification process if required.
Step 2:
Deposit a minimum of £10 with a debit card. We suggest a higher deposit (£25), mentioned in our ‘Points to note’ on the previous page.
Step 3:
Unlock your free bet credits:
Find a football event later in the week, compare the odds for one team/individual to win on Midnite, with the lay odds on a betting exchange for the same outcome. Do this multiple times.
Choose the 4 events where the win odds for a team/individual and lay odds for the same team/individual are the closest.
Add these 4 to your bet slip - place £10 on this accumulator (TOTAL odds must be 4.0 or greater).
Odds of 4.95 (79/20).
Returns £49.48
How to lay an accumulator:
For each team in your Midnite accumulator, choose the buy option on Smarkets.
Click 'Add to Multiple'
Lay (sell) the accumulator as a whole.
Stake the amount on Smarkets that will return the same as your accumulator on Midnite is set to return.
Your bet slip should have 'buy' for each team, but 'sell' selected at the bottom. Yours should look like this:
Odds of 6.6. Similar to Midnite accumulator odds above.
Total outlay of £10 (Midnite) + £42 (Smarkets) = £52
Will return £49.50 regardless of the accumulator outcome.
Qualifying loss of £2.50.
Step 4:
How to use your free bets:
The day after settlement of your qualifying bet you will be credited with 2 x £10 free bets. Repeat the following steps twice (for both free bets).
Find a sports event later in the week, compare the odds for one team/individual to win on Midnite, with the lay odds on a betting exchange for the same outcome. We recommend minimum odds of 4.0.
Choose the event where the win odds for a team/individual and lay odds for the same team/individual are the closest. Add this to your bet slip - place your £10 free bet on this.
Then, lay the same outcome on an exchange, staking the amount that will return the same as your free bet on Midnite is set to return.
Your free bet stake will not be returned on Midnite, but your Midnite and exchange returns must both still be the same. Use our free bet calculator here.
Odds of 9.75 (35/4) and 11.5 are similar.
£10 free bet stake not included in the Midnite return.
Therefore the return is £87.50 regardless of outcome.
£10 is a free bet. Cash outlay is only £79.97, returning £87.50.
Profit = £7.53
Your exchange lay stake will be the amount of profit you are set to make.
Step 5:
After settlement of your free bets, head to the cashier to withdraw.