The bet365 Early Payout Offer is a brilliant way of making money without drawing too much attention to your account.
This guide will explain how the offer works and show you the best way to profit from it using my Early Payout Calculator.
What is the bet365 Early Payout Offer?
The bet365 Early Payout Offer, or ‘bet365 2UP’ offer as it’s also known, is a long-term promotion run by bet365. If you place a pre-match bet on a football team to win and they go two goals ahead, your bet is paid out as a winner immediately, in cash!
It doesn’t matter if the result of the match isn’t a win for your team; you get to keep all your winnings. So, if at any point your team go 2-0, 3-1 or 4-2 ahead, for example, your bet is paid as a winner.
Unlike a lot of other offers, there’s no limit on how many 2UP bets you can place each day.
Do early payout offers have value?
Yes, there’s plenty of value in doing early payout offers. They’re a ‘speculative’ type of offer where you risk a small loss for big returns.
When you back a team at bet365 and lay your bet off at an exchange, you’ll almost always incur a small qualifying loss.
If your team doesn’t go two goals ahead at any point in the match, you’ll have to take that small loss. If, however, your team does go two goals up, you’ll have an opportunity to win big!
The bet365 2UP offer isn’t the only one of its kind. There’s a Paddy Power 2UP offer, too, where they’ll pay out early on selected matches if your team goes two goals up.
How to profit from the bet365 Early Payout Offer
As mentioned above, you can only make a profit if your team goes two goals up. If your team then goes on to draw or lose the match, you’ll win big as your bookmaker and exchange bets will both be winners.
There’s a lot of value in letting your bets run like this and hoping your team’s opposition mount a comeback. If you prefer to lock in a profit, though, you can do so once your team goes two goals up. You’ll then profit even if your team holds onto their lead, which they usually do.
How to pick your 2UP selections
Ultimately, it’s entirely up to you which teams you place your 2UP bets on.
Some people say not to bother placing bets on heavy favourites as it’s unlikely they’ll squander a two-goal lead. It’s certainly unlikely, but if you can find odds that give you a shot at a big profit for a minimal qualifying loss, it may be worth rolling the dice.
I quite like betting on underdogs, particularly at home. There’s a chance they’ll go two goals up before the better team make a comeback. I also keep an eye out for slight favourites playing away from home.
It’s personal preference, though. Ultimately, if your qualifying loss is acceptable and you feel there’s a decent chance of hitting an early payout with a turnaround, you should place the bet.
Steps to take before the match
Step 1: Check bookmaker odds
The first step is to start looking for potential 2UP bets.
Betting on high profile matches is best as it shouldn’t draw much attention to your account. The offer covers most major European leagues, but you should always double-check that your chosen match is eligible. You’ll find the complete list of eligible competitions on the bet365 2UP page.
Here are the odds at bet365 for a German Bundesliga match between Augsburg and Wolfsburg.
Step 2: Check the lay odds at the exchanges
It’s entirely up to you which betting exchange you use to lay your bet. Your decision will likely depend on the commission rate you pay at each exchange and the lay odds available.
Here are the lay odds at Betfair for the same German Bundesliga match between Augsburg and Wolfsburg.
Step 3: Pick your team
As you can see from the odds above, Wolfsburg look like a good bet. Their back odds of 2.25 and lay odds of 2.32 are nice and close. They’re also favourites to win the match, which should mean there’s a decent chance of them going two goals up.
I’ve always found that bet365 tend to have better odds than Paddy Power, or at least equal. It’s always worth checking both bookmakers, though, to ensure you’re getting the best odds.
Step 4: Place your bets
It’s entirely up to you how much you stake on your 2UP bets, though I would advise against betting any more than £100 per match. Staking higher than that may draw unwanted attention to your accounts.
Let’s stake £50 on Wolfsburg at bet365.
Place £50.00 on Wolfsburg @ 2.25 = Potential profit of £62.50
To work out your lay stake, you need to enter your back stake, odds and commission into my Early Payout Calculator.
As you can see, the calculator tells you to lay £49.56 against Wolfsburg.
Lay £49.56 against Wolfsburg @ 2.32 = Potential liability of £65.42
The outcomes at the bottom of the calculator above show you that if Wolfsburg don’t go two goals up, you’ll incur a small (qualifying) loss of £2.92, no matter the result.
TIPS: As both bet365 and Paddy Power run this offer, you have the option of placing bets on both teams. For example, you could bet on Wolfsburg at bet365 and Augsburg at Paddy Power if you wanted to. Just make sure you never back both teams at the same bookmaker, as that would certainly arouse suspicion. You should also avoid laying against your Paddy Power bets at Betfair, as one group owns both brands.
Steps to take during the match
You don’t need to follow the match if you don’t want to. You can let your bets run and hope that Wolfsburg go two goals up but lose or draw the game.
If you’re following the match, though, intending to lock in a profit, you need to be poised and ready to act!
Step 1: Inform the calculator
Let’s imagine Wolfsburg have gone two goals up. You now need to select the early payout toggle (in the grey section) to tell the calculator that ‘The bookmaker has paid out early’…
As you can see, the outcomes at the bottom have been updated, showing that the bookmaker has paid out early.
They tell you that if you leave your bets as they are, you’ll still incur a £2.92 loss if Wolfsburg go on to win. If they lose or draw, though, you’ll make a very tidy profit of £109.58!
Step 2: Enter the max payout
Suppose you’ve decided you want to lock in a profit. In that case, you should enter the maximum payout (in the grey section), if applicable.
At the time of writing, bet365 don’t state a maximum payout, and it’s currently £2,500 at Paddy Power. The maximum payout will only affect things if you’re betting with big stakes, which you shouldn’t be. It’s still best to enter it into the calculator, though, just for completeness.
Step 3: Enter the exchange back odds
You’ll need to place an additional back bet on Wolfsburg to lock in a profit. It’s best to place it at Betfair as you already placed a lay bet against Wolfsburg before the match, so placing a back bet is effectively cashing out. It means you don’t need any extra funds to place the bet, and it also reduces the amount of commission you’ll pay.
TIP: The exchanges give you a ‘Cash Out’ option on some markets, but it’s best practice not to use this and place the additional back bet instead. The reason for this is the ‘Cash Out’ feature will cash out all bets on a single market. Therefore, if you’ve placed multiple lay bets on the same match for different bookmaker offers, it could leave you in a sticky situation.
It’s worth mentioning at this point that once your team have gone two goals up, you can lock in a profit whenever you like.
You have the option of waiting to see if the opposition pull a goal back, which would increase the amount of profit you’re able to lock in. As the minutes tick away, though, the odds will become less favourable as there’s less time for the opposition to make a comeback. Similarly, if your team extends their lead to three goals, your bankable profit would reduce to a minimal amount.
Let’s say you decide to lock in your Wolfsburg profit straight away. You need to enter the exchange back odds for Wolfsburg into the calculator. The earlier your team goes two goals up, the better, but the odds will be pretty low, as a team with a two-goal lead is likely to go on and win the match.
Let’s say the back odds are 1.20, so you enter those into the calculator.
Step 4: Place your back bet
As you can see, the calculator tells you to place a back bet of £95.82 on Wolfsburg at Betfair.
Place £95.82 on Wolfsburg @ 1.20 = Potential profit of £19.16
The back odds will get shorter as the end of the match draws nearer, so you’ll need to place your back bet pretty swiftly.
Congratulations! The outcomes at the bottom of the calculator above confirm that you’ll now make a fixed profit of £16.24, no matter the final result!
Bankroll
One of the best things about 2UP offers is that they don’t require a huge bankroll.
Looking at the example above, you needed just £50 for the stake at bet365 and £65.42 to cover the liability at Betfair. You didn’t need any extra funds for the additional back bet.
£50 at bet365
£65.42 at Betfair
£115.42 in total
If the total outlay is too much with a £50 stake, you can reduce your stake while building up your bankroll. Hopefully, the winners won’t be too long coming, and you can increase your staking level accordingly.
Offer variations
It’s not just Paddy Power getting in on the act. At the time of writing, Sporting Index and Star Sports both run 2UP offers, too, with Betway chipping in with early payout offers occasionally.
Keep your eyes peeled on bet365 and Paddy Power, too, for early payout offers on other sports. Here are some examples of offers seen in the past.
Tennis – 2 sets up
NFL – 17 points up
Basketball – 12 points up
Rugby Union – 10 points up
Calculator modes
At the top of the Early Payout Calculator, there is a ‘2-Way Dutch’ mode., which is ideal for early payout offers with only two potential outcomes.
Due to differing retirement rules, it’s handy for tennis where dutching is preferable to laying at an exchange. Here’s an example for the US Open 2020 Men’s Singles Final.
You’ll also notice that the calculator has an ‘Advanced‘ mode. If the bookmaker pays out early, you have the option of using the slider to adjust your back stake and overall profit.
As you can see, by staking £65.15, you’d get a slightly smaller profit if Wolfsburg went on to win the match, but a much bigger profit if Augsburg made a comeback. It just gives you the flexibility to tailor your returns if you feel the game is likely to go a particular way.
Final words
As I mentioned at the top of this guide, the bet365 Early Payout Offer is speculative. More often than not, you’ll make a small loss, but the profits when you hit them can be huge!
You should certainly give them a go, even if it’s at small stakes, whilst you get a feel for them.
The bet365 Early Payout Offer has been around for a while now. It probably won’t last forever, though, so make the most of it while you can!
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Matt Kirman – Matched Betting Blogger
Since 2014, I’ve blogged over £85,000 worth of profit, and made it my mission to make matched betting accessible to everyone.