It’s Belgium v England tonight and you don’t want to miss this Betfred ‘Bet £10, Get £5’ offer! Place a single bet of at least £10.00 on any pre-match market for Belgium v England and Betfred will give us a £5.00 free bet to be used in play on the same match. Translated into matched betting terms, this gives us a guaranteed profit of £3.71 and here’s how…
Qualifying Bet:
If you’re unfamiliar with qualifying bets, please see my Qualifying Bet Strategy page for a walk-through guide on how it should be done.
Qualifying bets must be placed at odds of 1.50 (1/2) or greater between 17:00 on Friday 13th July 2018 and 14:45 on Saturday 14th July 2018, to be eligible.
Having looked at the odds available, we could place our qualifying bet on Belgium in the Match Result market.
At the time of writing, laying our bet at Smarkets gives us the smallest qualifying loss.
We can calculate our lay stakes using my matched betting calculator…
As you can see, the calculator tells us that our lay stake should be £9.91…
Place £10.00 on Belgium @ 2.30 = Potential profit of £13.00
Lay £9.91 on Belgium @ 2.34 = Potential liability of £13.27
Let’s have a look at our potential profit/loss for the possible outcomes…
| Belgium win | + £13.00 – £13.27 = £0.27 loss |
| Belgium don’t win | – £10.00 + £9.71 (£9.91 minus 2% commission) = £0.29 loss |
So, regardless of the result of the match, we’ll lose a maximum of £0.29 in qualifying for our £5.00 free bet.
Free Bet:
Our £5.00 free bet should be credited by 15:15 on Saturday 14th July 2018 to use on Belgium v England (15:00) and will be valid until 09:00 on Sunday 15th July 2018.
By using straightforward matched betting, we should be able to extract 80% out of the £5.00 free bet as cash, so £4.00. If we take into account our maximum qualifying loss of £0.29, this gives us a guaranteed profit of £3.71 on this Betfred offer!
* Belgium won the match 2-0, resulting in a profit of £3.73 on this Betfred offer. *
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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.