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System 200 Complete Pack
Welcome to “SYSTEM 200”
Thank you for signing up to the system that can make £250 fast (see the bottom of this page for all the hand picked and vetted sites we recommend which in total offer around £400 in FREE BETS).
I’d like to ask you to view the following video which explains Step by Step how to use “SYSTEM 200″.
It take you through all the processes you’ll need to successfully gain around £20 cash from the first free bet offer we recommend.
The step by step guide below also reinforces what is said to make sure you are fully prepared.
Step 1: Open an exchange account
Before we can match any bets, we’re going to need a betting exchange account. Obviously you will only need to do this once.
My advice is to register an account with Betfair Exchange and deposit £100 using the link below:
Normal commission at Betfair Exchange is 5% – which is their fee for you using their platform – HOWEVER InsideTraxs.co.uk has got a special deal:
“Bet on the Betfair Exchange and any commission paid within the first 30 days will be refunded in cash, up to a max of £500”. This means you can avoid the 5% fee for 30 days.
See my post on how to use betfair exchange here.
Step 2: Open a Sports account with an online Bookie
Start with the smaller welcome FREE BET offers to get some practice in.
William Hill have the perfect welcome offer to get you started. If we bet just £10.00, they’ll give us £30.00 in free bets!
Starting small will help build confidence and because we are only using £10 of our own money as a deposit – no need for a big bankroll.
Step 3: Change online bookie account to decimal odds
Traditionally, bookmakers display their odds as fractions, but we need to work with decimals.
That’s because decimals are much easier to compare at a glance, which is essential when looking for close back and lay odds.
Betfair Exchange already displays it’s odds as decimals, so we just need to change our odds preference to decimals at the online bookmaker, which is pretty straightforward.
The odds format changer for William Hill is easy to find at the top of the homepage.
For other sites we give that info along with other key T&Cs in the boxes below.
Step 4: Place your qualifying bet
It’s important to check the terms of an offer for any specific requirements before placing any bets. The terms for the William Hill welcome offer state that our qualifying bet can be placed on any sport, but must be placed at odds of 1.50 (1/2) or greater.
We can do this on any sport but I like to stick to racing.
Qualifying bets should always be placed at low odds because it’s important, as with any matched bet, that we look for back and lay odds that are as close to each other as we can make them.
NOW go to InsideTraxs daily Newsletter.
There you will find a list of horses who are predicted to have low odds and would be suitable for qualifying bet purposes under QUALIFIERS.
THEN:
- Pick a race at least 30 MINUTES ahead of time.
- Make sure the odds are 1.5+ on the William Hill site to comply with their T&Cs
- Split your computer screen so you have your Betfair account open at the race
- Now match the odds for your horse between the sites as closely as possible – exactly if you can – BUT not more than 0.1 apart. For example the horse is at 1.85 on William Hill then anything up to 1.95 on Betfair is acceptable.
THE KEY to getting odds matched is PATIENCE. If you can’t match 30 minutes before the off then wait and as more money is bet so the odds move a little quicker and this leads to the opportunity to match better.
BEWARE:
- Always place the bet on the online bookie FIRST.
- In the last 5 minutes before a race the odds can move very quickly as more than 50% of all bets are made.
- If you can’t get a good match then move to the next appropriate race – no big deal
Once the QUALIFIER bet is settled after the race William Hill will credit your account with 3x£10 free bets!!
NOW how do we turn this FREE BET money into real cash!!
Step 5: Extract profit from the free bets
Our £30.00 in free bets (3x£10) should be credited upon settlement of our qualifying bet. It’s now time to extract our profit!
Again go to the InsideTraxs newsletter and under the heading “FREE BETS TO CASH” find the next race which is at least 30 minutes from the off.
On the split screen pull up the race on William Hill and Betfair and look for a horse which is closely match between 3.0 and 6.0 or so. Closely matched now means 3.0 – 3.2 or 6.0 – 6.4.
Once you have found a horse which you can closely match use our UNIQUE “Stake & Return” calculator and enter the odds and your free bet stake.
As we have 3x£10 free bets; let’s do one £10 free bet and let’s say the odds we have are 3.0 on William Hill and 3.2 on Betfair – so we put:
The calculator will then automatically provide this:
With this input the calculator tells you for every £10 free bet at 3.0 on William Hill you need to stake £6.25 on the lay bet at 3.2 on Betfair. If you do that successfully then you will get £6.25 profit no matter whether the horse wins or looses. It also tells you need to have £13.75 in your Betfair account in order to execute this bet.
If we had found a horse at 6.0 and 6.4 this is what the calculator would have shown:
AND the return would have been:
At these higher odds we now convert £10 of free bets to £7.81 or 78.1% conversion (instead of £6.25 or 62.5% conversion) but we need more in our Betfair account to execute the bet (£42.19 vs £13.75). For the £30 this is £18.75 profit vs £23.43 but to execute the bets you need £41.25 vs £126.57 in your Betfair account.
So if you can afford to have a bigger amount in your Betfair account you will convert the Free Bets at a higher conversion rate.
My recommendation is to look for a horse which is trading in between 4.0 and 5.0 that you can match to within 0.2. This will give a conversion rate of 70-75%, which is what we aim for, while keeping the amount needed to execute the bets within your £100 Betfair deposit.
Now you have done your FIRST free bet to cash conversion (you should have turned William Hill’s £30 of Free Bets into approximately £18.50+).
Below you will find 13 more specially chosen sites worth more than £400 in FREE BETS.
We have listed them in the order we think you should follow and that we think makes most sense.
Bet365 is probably the most lucrative site with £100 worth of free bets however to follow the “System” you will need to have built up £300+ in your Betfair account so we recommend doing this site towards the end.
FINALLY – the last two sites in our list below; SPORTINGBET and DAFABET, make a slightly different offer – “Your money back as a free bet if your horse looses”.
The way to deal with this is as follows:
- Register and deposit required amount as usual.
- Find a race where you can exactly match bets at between 7.0 & 8.0 (races highlighted in your Newsletter).
- Place your £20 (SportingBet) or £30 (Dafabet) on the horses and place an £18 or £27 lay bet on Betfair (you’ll need up to £189 in your account to cover the bet).
- If the horse wins you walk away (withdraw your money from the site) with £12-£15 profit from SportingBet or £18 – £21 from Dafabet. No more to do.
- If the horse looses then you will have a £20 or £30 free bet to turn to cash in the normal way; to give around £13-£15 or £19.50-£22.50. Take off the £2 loss for SportingBet or the £3 loss from Dafabet and you still walk away with more than half the free bet as profit.
Good luck and please let us know how you get on.
OFFER: £10 deposit for 3x £10 free bets (can be bet on same event).
MIN ODDS: 1.5+
CODE: C30
EXPIRY: 30 days
ODDS FORMAT: Obvious middle of homepage
InsideTraxs opinion:
* Generous bonus
* Proof of address and ID needed at sign up
* Well designed site, easy to navigate
* Free bets (3x£10) can be used on same event
* No wagering requirement/simple withdrawal process
RATING: 5 STARS
CLAIM YOURS NOW! (T&Cs apply)
OFFER: Bet £10 to get 3x £10 In free bets
MIN ODDS: 1.5+
CODE: NONE
EXPIRY: 4 days
ODDS FORMAT: Obvious middle of homepage.
InsideTraxs opinion:
* Generous bonus offer (does change)
* Nice site with clear signing
* Easy sign up
* Bonus (3x£10) can all be used on same event
* No wagering requirement
RATING: 5 STARS
CLAIM YOURS NOW! (T&Cs apply)
OFFER: Bet £10 and get 4x £10 free bets
MIN ODDS: 2.0+
CODE: NONE
EXPIRY: 30 days
ODDS FORMAT: Go to the 'My Account' section once you're logged in and click on 'Edit Account Details' followed by 'Odds Format'.
InsideTraxs opinion:
* Generous bonus offer (changes regularly)
* Easy sign up
* Good site
* No wagering requirements
* Some good ongoing offers if you want
RATING: 5 STARS
CLAIM YOURS NOW! (T&Cs apply)
OFFER: Bet £5 to get 4x £5 in free bets.
MIN ODDS: 1.5+
CODE: 20FREE
EXPIRY: 4 days
ODDS FORMAT: In the drop down called settings – top right of page near the union jack.
InsideTraxs opinion:
* Nice bonus for small stake
* Good to practice on
* OK site
* No wagering requirements
RATING: 4.5 STARS
CLAIM YOURS NOW! (T&Cs apply)
OFFER: Bet £10 get £30 in free bets + £10 free bet for use on football market.
MIN ODDS: 1.5+
CODE: FOOTBALL
EXPIRY: 7 days
ODDS FORMAT: Once logged in go to settings on the left hand side of the site. Then click on odds format and choose decimal from the drop down menu.
InsideTraxs opinion:
* Generous bonus offer
* Got a nice extra £10 free bet on football
* OK site sometimes confusing
* No wagering requirements
RATING: 4.5 STARS
CLAIM YOURS NOW! (T&Cs apply)
OFFER: Bet £30 get £30 in free bets
MIN ODDS: 1.75+
CODE: NONE
EXPIRY: 7 days
ODDS FORMAT: Top of the page in the middle.
InsideTraxs opinion:
* Good bonus offer
* Simple sign up and nice clean site
* Bonus as one token
* No wagering requirements
RATING: 4.5 STARS
CLAIM YOURS NOW! (T&Cs apply)
OFFER: Bet £10 get £30 in free bets within 48hrs of settlement
MIN ODDS: 2.0+
CODE: NONE
EXPIRY: 7 days
ODDS FORMAT: To change the odds format on Betfred.com; My Account > My Details > My Preferences.
InsideTraxs opinion:
* Attractive bonus offer
* Well known company with OK site
* Have to wait up to 48hrs for bonus vs on settlement
* No wagering requirements
RATING: 4.5 STARS
CLAIM YOURS NOW! (T&Cs apply)
OFFER: Bet £20 get £20 in free bets
MIN ODDS: 1/5+
CODE: NONE
EXPIRY: 7 Days
ODDS FORMAT: Towards the top on the right of the homepage.
InsideTraxs opinion:
* OK offer
* Bonus credited within 48 hrs
* Site is average
* No wagering requirement
RATING: 3.5 STARS
CLAIM YOURS NOW! (T&Cs apply)
OFFER: Bet £10 get £40 in free bets (£30 on sports & £10 for slots).
MIN ODDS: 1.5+
CODE: YSKA18
EXPIRY: 30 days
ODDS FORMAT: Starting at the top left of the home page then scroll down the left hand sidebar to the bottom where you should find the “display odds as” function.
InsideTraxs opinion:
* Bonus offer includes £10 for slots (worthless due to wagering requirements)
* Big company and well known
* Not a brilliant website
* No wagering requirement on £30 sports free bet
RATING: 4.5 STARS
CLAIM YOURS NOW! (T&Cs apply)
OFFER: Bet £5 get £30 in free bets (2x£10 sports and £10 Casino)
MIN ODDS: 2.0+
CODE: NONE
EXPIRY: 7 days
ODDS FORMAT: It’s just above the betting slip.
InsideTraxs opinion:
* This isn't a great offer but a bit of fun
* You get one £10 free bet to use as a single bet (what we call free bet)
* One £10 to put on an accumulator of 3 or more events - OK fun
* One £10 to use in the Casino - 40x wagering required so not even fun
* Site is OK
RATING: 3 STARS
CLAIM YOURS NOW! (T&Cs apply)
OFFER: 100% deposit matched as free bet up to £100
MIN ODDS: 1.5+
CODE: N/A
EXPIRY:30 days
ODDS FORMAT: Second bar down from the top on the right hand side.
InsideTraxs opinion:
* One of the biggest bonuses available
* Needs to be one of the last deals you do as need £200-£300 in your Betfair account
* Site takes a little getting used to
* No wagering requirements
RATING: 5 STARS
CLAIM YOURS NOW! (T&Cs apply)
OFFER: Bet £10 get 2x £15 in free bets
MIN ODDS: 1.5+
CODE: After qualifying bet is settled you must click ``accept`` to opt in
EXPIRY: 7 days
ODDS FORMAT: Already set as decimals.
InsideTraxs opinion:
* Good bonus offer
* New player in the market
* Site is a bit hard on the eye
* No wagering requirements
RATING: 4.5 STARS
CLAIM YOURS NOW! (T&Cs apply)
OFFER: Bet £20 and if horse looses they refund as £20 free bet.
MIN ODDS: 2.0+
CODE: NONE
EXPIRY:7 days
ODDS FORMAT: Middle top of the home page.
InsideTraxs opinion:
* An OK offer
* Like Dafabet this is like two Free Bets to Cash
* You really want your first bet to WIN.
* Should deliver about £10 in profit
* New player with an OK site
RATING: 3 STARS
CLAIM YOURS NOW! (T&Cs apply)
OFFER: Bet £30 and if horse looses they refund as £30 free bet.
MIN ODDS: 1/5+
CODE: NONE
EXPIRY: Not Stated
ODDS FORMAT: Top right.
InsideTraxs opinion:
* This offer is the same as doing two free bet to cash bets if the horse looses
* It's only one bet if the horses wins!
* Small player with slightly weird site
* The free bet might take 24 hrs to be credited
* OK offer which give about £13 profit or more
RATING: 3 STARS
CLAIM YOURS NOW! (T&Cs apply)
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