Southampton host Burnley in the late kick-off today and BetBright are getting in on the action! Simply place a bet using the BetBright app on Southampton v Burnley and if Southampton fail to win, BetBright will refund losing Correct Score, Half-Time/Full-Time and First/Last Goalscorer bets as a free bet, up to a maximum of £10.00. Translated into matched betting terms, this gives us a potential profit of £6.80 and here’s how…
Qualifying Bet:
This offer is only available on the BetBright App.
If you’re unfamiliar with qualifying bets, please see my Qualifying Bet Strategy page for a walk-through guide on how they should be done.
Qualifying bets must be placed pre-match to be eligible.
We need to place our qualifying bet on a selection that sees Southampton winning the match. This ensures that if Southampton fail to win, we will automatically be eligible for a free bet refund as our qualifying bet will have lost.
It’s entirely up to you what you place your qualifying bet on. Having looked at the odds available, I’ve opted to place my qualifying bet on Southampton/Southampton in the Half-Time/Full-Time market.
I like to place my exchange lay bets with Smarkets as they have great liquidity, the site is really easy to use and they only charge 2% commission in comparison to the 5% charged by other betting exchanges.
We can calculate our lay stake using my matched betting calculator…
As you can see, the calculator tells us that our lay stake should be £8.98…
Place £10.00 on Southampton/Southampton @ 1.85 = Potential profit of £8.50
Lay £8.98 on Southampton/Southampton @ 2.08 = Potential liability of £9.70
Let’s have a look at our potential profit/loss for the possible outcomes…
| Southampton/Southampton | + £8.50 – £9.70 = £1.20 loss |
| Not Southampton/Southampton and Southampton fail to win | – £10.00 + £8.80 + £8.00 (extract 80% from £10.00 free bet) = £6.80 profit |
| Not Southampton/Southampton and Southampton win | – £10.00 + £8.80 = £1.20 loss |
So, if Southampton fail to beat Burnley, we’ll have made a nice profit of £6.80. Any other outcome and we’ll have made a loss of £1.20. Risking £1.20 to make a profit of £6.80, gives us effective odds of 6.67, so given that the odds of Southampton failing to win are 3.25, this is a profitable offer in the long run.
If Southampton fail to win, free bet refunds will be credited within an hour of the match ending and will be valid for 7 days.
If you’re unsure how to extract 80% cash from a £10.00 free bet, please see my free bet strategy page for a walk-through 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.