Calculate exactly how much a free bet is worth and how to extract maximum value by laying it off on an exchange.
For stake not returned free bets, look for back odds between 4.0 and 8.0 with a close lay match. Higher odds = more profit, but harder to find tight lay prices.
The key to extracting value from free bets is laying them off on a betting exchange. This converts a risky free bet into a guaranteed cash profit.
With Stake Not Returned (SNR) free bets, use higher odds (5.0-8.0) to maximise profit. With Stake Returned (SR) free bets, any odds above 3.0 work well since you get both the stake and profit back.