It’s time for another BetBright offer. Simply place a bet on the 3-way market (1X2) for Monaco v Arsenal and if Arsenal fail to win, Betbright will give us our money back as a free bet up to a maximum of £25.00. Translated into matched betting terms, this gives us a potential risk-free profit of £13.07 and here’s how…
Qualifying Bet:
If you’re unfamiliar with qualifying bets, please see my Qualifying Bet Strategy page for a walkthrough guide on how to place your qualifying bets.
For this offer, we need to place our qualifying bet on Arsenal to win. This ensures that if Arsenal fail to win, we will automatically be eligible for the free bet refund as our qualifying bet will have lost.
Place £25.00 on Arsenal @ 2.05 = Potential profit of £26.25
Lay £19.02 on Arsenal @ 2.38 = Potential liability of £26.25
If the odds change between now and kick-off and you want to work out the new lay stake, just use the following formula…
Potential BetBright profit / (lay odds – 1) so using the above figures… £26.25 / 1.38 = £19.02
Let’s have a look at our current potential profit/loss for the following outcomes…
| Arsenal win | +£26.25 – £26.25 = £0.00 |
| Arsenal fail to win | -£25.00 + £18.07 + £20.00 (extract 80% from our £25.00 free bet) = £13.07 profit |
So if Arsenal fail to beat Monaco in 90 minutes, we will make a rather nice profit of £13.07. If Arsenal do beat Monaco, we will break even and there’s no harm done.
If you’re not sure how to extract 80% of the £25.00 free bet refund, please see my Free Bet Strategy page for a walkthrough guide on how it should be done.
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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.