The bet 365 bonus I did was a 100% deposit match bonus, up to £50 if you make the bet via your mobile. It's for new and existing customers. Still there if you wanted to try it.

The £200 is for new customers only, but because I haven't bet with them for so long, they've offered it to me to get me back.

Bet365 have a turnover of 3x before withdrawing the bonus, but if you bet at high odds and lose at the bookie, you bust out with no need to turnover more bets with them. All the money then ends up at Betfair.

However, had my bet won (which it very nearly dd, Porto left it late) then you just find some close matches and bet away, you might lose another £2 in having to bet and lay again, but again I'd go for high odds and bust out.

I've had it before where despite trying to lose at the bookie, I kept winning, ended up with £1000 in there!

But the important thing to remember is the fact that any bet you make, gets evened out at Betfair, so regardless of result, you'll always break even. You'll them make about 80% of what ever the free bet was as profit, even if you have to bet with them multiple times before withdrawing. But you'd have to be quite unlucky to get three 7/1's in a row!