Betting Offer
Bet $10 Get $125 if first bet wins
Expected Profit
$70 – $90
Notes: The bonus bets are paid out as 5 x $25 bonus bets
(1) $25 Bonus Bet after bet settlement.
(2) $25 Bonus Bet 7 days after bet settlement.
(3) $25 Bonus Bet 14 days after bet settlement.
(4) $25 Bonus Bet 21 days after bet settlement.
(5) $25 Bonus Bet 28 days after bet settlement.
No minimum odds requirements (You may want to place the bet at high negative odds of -2000 with no matched bet)
Bonus Bets expire 7 days after being credited
Offer T&C’s: Link
Step 1: Register at betPARX Sportsbook
Register for an account at betPARX and deposit $10 to place the first bet needed for the betPARX Sportsbook Promo.
Step 3: Find Our Qualifier Bets
Once you have registered at both sportsbooks. Open the Low Holds Tool. Set the Sportsbook One filter to betPARX. This will filter the table for betPARX Odds.
Now set the Sportsbook Two filter to the 2nd sportsbook we just registered with. This will filter the table for odds matches between betPARX and the 2nd sportsbook.
Once both filters are set, we want to order the Outcome One Odds to show the most negative odds at betParx. You can do this by clicking on the Outcome One Odds column header to sort the column from low to high and high to low odds.
Try and choose a selection with large negative odds at betParx whilst still maintaining a good hold rating, but prioritize the negative odds as this will maximize our profit from this offer.
Step 4: Calculate and Place Our Bets
Open the Risk Free Bet Calculator and enter the $10 Bet Stake required for the betPARX sportsbook promo. Set the Free Bet condition to First Bet Wins.
Next we want to tell the calculator the total amount of bonus bets we will receive in this case $125 in total and set a conversion percentage.
In the Betting Odds section below. We need to enter the odds at betPARX from our Low Hold Tool Selection into the Outcome One Odds box of the calculator.
Enter the odds at our second sportsbook from our Low Hold Tool Selection into the Outcome Two Odds box of the calculator.
The amount that we need to bet on both team will be displayed on the right hand side of the calculator in the Outcome One Bet Stake and Outcome Two Bet Stake boxes.
Deposit the required amount in the Outcome Two Bet Stake box into our 2nd sportsbook. Now we just need to go and place both of these bets at each sportsbook!
Step 5: Check the Game Results
With the betPARX welcome offer the game result matters. If our bet loses at betPARX we will profit from the qualifier bets and won’t receive the $125 in free bets over a 4 week period.
If this happens we done with the betPARX sportsbook promo and can move onto the next matched betting offer!
In the event that our bet at betPARX wins, then we will get credited the bonus bet from the betPARX sportsbook promo. We will need to convert the free bets into a cash to cover the loss made from the qualifier bets.
The risk free bet calculator will display how much each qualifier bet won and lost so we can calculate the qualification loss.
Step 6: Find Bets to Convert Our Free Bet
Once we have placed our $10 bet at betPARX we will be credited with $200 of free bets. These free bets are credited as 5 x $25 bonus bet token. You can select these from betslip once you have added a bet.
We now need to convert the free bets into a cash profit. We can do this by again betting on both sides of a sports game. Open the Free Bets Tool and set the Sportsbook One filter to betPARX and the Sportsbook Two filter to sportsbooks you have registered with.
Select the odds match with the highest Free Bet Conversion Rate.
Step 7: Calculate and Place Our Bets
Open the Matched Betting Calculator again and set the Bet Type to Free Bet mode.
Enter the odds from the Free Bet Conversion Tool ensuring the betPARX odds are in the Outcome One Odds box.
In this example we would need to deposit and bet $54.44 The larger the postive odds we bet on with our free bet the more we will need to bet on the other team to cover it. However, we make more profit.
In this case would would make $15.55 no matter if the free bet wins or loses. Repeat this process for the remaining bonus bets. Which will be credited every 7 days until the full $125 has been credited.
Great Work! The betPARX Sportsbook Promo is done and dusted!
Let’s move onto the next offer. Don’t forget to set a reminder for your upcoming bonus bets!