This BetBright free bet offer is one of the best World Cup offers around. Simply place £25.00 on the Outright Winner market at the World Cup 2014 and BetBright will give us a £5.00 free bet every time our team wins a match! Translated into matched betting terms, this gives us a potential profit of £25.22 and here’s how…
Qualifying bet
If you’re new to matched betting, have a look at my Qualifying Bet Strategy page for a walkthrough of how you should place your qualifying bets. For this offer, it makes sense to place our qualifying bet on one of the favourites as this requires the least money in our betting exchange account to lay. Having looked at the odds available, I’ve opted for Argentina. Argentina have a favourable group and should have a deep run in this year’s tournament.
Place £25.00 on Argentina @ 5.00 = Potential profit of £100.00
Lay £23.36 on Argentina @ 5.40 = Potential liability of £102.78
Let’s have a look at our potential profit/loss for the two outcomes…
|
Argentina win World Cup |
+£100.00 – £102.78 = £2.78 loss |
|
Argentina don’t win World Cup |
-£25.00 + £22.20 = £2.80 loss |
So we will make a maximum loss of £2.80 in qualifying for this offer.
Free bets
Every time Argentina win a match at the World Cup, we will receive a £5.00 free bet. By using straightforward matched betting, we are able to extract 80% of any free bet (see my Free Bet Strategy page), which in this case gives us £4.00 profit per free bet. This means we only need Argentina to win one match to break even and any more after that is clear profit. Argentina have the potential to win 7 matches and lift the World Cup which gives us a potential overall profit of £25.22!
* Argentina won 4 matches (in 90 minutes) at the World Cup 2014, giving us £20.00 in free bets, of which 80% was extracted as cash. Taking into account our qualifying loss of £2.80, we made an overall profit of £13.20! *
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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.