Betfair Free Bet Offer – Costa Rica v Greece

It’s Betfair free bet time again!  Place a pre-match Sportsbook Correct Score, Scorecast, First, Last or Anytime Goalscorer market bet on Costa Rica v Greece and get a full refund on losing bets as a free bet token if it goes to Extra Time, up to a maximum of £25.00.  Translated into matched betting terms, this gives us a potential risk-free profit of £9.77 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.

I always stick to the correct score markets for these types of offers and for this particular offer, we need to select a correct score that isn’t a draw.  This ensures that we qualify for the free bet in the event that the match goes into extra-time as our qualifying bet will have lost.  Having looked at the odds on offer, I’ve opted to place my qualifying bet on 1-0 Costa Rica.

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

If you’re not sure how to extract 80% of our £25.00 free bet, please see my Free Bet Strategy page for a walkthrough guide on how it should be done.

So as things stand we will make £17.02 profit if the match goes into extra-time.  Unfortunately, if the match isn’t level after 90 minutes, we stand to lose a maximum of £2.99 and so we need to insure ourselves against this by laying the draw at the betting exchange.

To calculate our lay stake, we need to divide the £2.99 by 0.95 to allow for the 5% commission.  This gives us a lay stake of £3.15.

Let’s have a look at our overall profit/loss for the three outcomes…

So if the match isn’t level after 90 minutes, we will break even and there’s no harm done.  However, if the game does go into extra-time, we will make a nice risk-free profit of £9.77!