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You're about to make ~£34.
Betfred: Bet £10, Get £50 in Free Bets
You deposit £10 at Betfred.
They give you a £50 free bet.
You extract roughly £34 cash profit.
They give you a £50 free bet.
You extract roughly £34 cash profit.
This isn't gambling. You place two bets simultaneously — one for, one against — so they cancel each other out. You keep the free bet regardless of the result.