Betfred – Big Bash League 2021/22 Offer

The Big Bash League 2021/22 season gets underway on Sunday, and Betfred are getting in on the action! Bet £20.00+ on the tournament winner, and Betfred will give us £5.00 in free bets every time our selected team scores 180+ runs. Translated into matched betting terms, this gives us a potential profit of £15.93 and here’s how…

Key terms

  • Applies to bets placed on the Big Bash 2021/22 – Tournament Outright market.
  • Applies to bets placed between 09:00 on Friday 3rd December 2021 and 08:35 on Sunday 5th December 2021.
  • Minimum stake of £20.00.
  • £5.00 in free bets every time our selected team scores 180+ runs.

Qualifying bet

Please see my qualifying bets guide if you’d like more information about them and how they work.

It’s entirely up to you which player you place your qualifying bet on.

At the time of writing, Melbourne Stars are available at back odds of 5.50 (9/2) and lay odds of 6.80.

Either exchange works for this offer

Betfair and Smarkets are both great options for this offer. If you’ve not used one of them, now is a great time to give them a try.

  • Money back as cash up to £20
  • 0% commission for 60 days

We can calculate our lay stakes using my Matched Betting Calculator

Select bet type

Back Bet (Bookie)

%

Lay Bet (Betting Exchange)

%

Min £
Max £
Lay stake required: £
Bookie
Exchange
Cashback
Total
If back (bookie) bet wins
£
£
£
= £
If lay (exchange) bet wins
£
£
£
= £
Total profit: £

Optimal Underlay

Lay stake required: £
Exchange liability: £

If back (bookie) bet wins: £
If lay (exchange) bet wins: £

Optimal Overlay

Lay stake required: £
Exchange liability: £

If back (bookie) bet wins: £
If lay (exchange) bet wins: £

As you can see, the calculator tells us that our lay stake should be £16.22…

Betfred logo

Place £20.00 on Melbourne Stars @ 5.50 = Potential profit of £90.00

Betfair logo

Lay £16.22 on Melbourne Stars @ 6.80 = Potential liability of £94.07

Outcomes

Let’s have a look at our potential profit/loss for the possible outcomes…

OutcomeBetfredBetfairProfit/Loss
Melbourne Stars win+ £90.00– £94.07£4.07 loss
Another team wins– £20.00+ £15.89£4.11 loss

So, no matter the outcome, we’ll lose a maximum of £4.11 in qualifying for our potential free bets.

Free bets

We’ll receive £5.00 in free bets every time our team scores 180+ runs. Free bets will be credited within 24 hours and valid for 7 days.

Melbourne Stars will play 14 matches in the double round-robin stage, plus potential knockout matches if they qualify. If Melbourne Stars score 180+ runs five times, we’ll receive £25.00 in free bets.

Using straightforward matched betting, we should be able to convert our free bets into 80% cash, so £20.00. If we take into account our minimum qualifying loss of £4.07, this gives us a potential profit of £15.93 on this Betfred offer!

* Melbourne Stars scored 180+ runs in two matches and Perth Scorchers won the tournament, resulting in £3.89 profit on this Betfred offer. *

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Matt Kirman - Matched Betting Blogger

Matt KirmanMatched 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.