Betfred Offer – France Euro 2016 Price Boost

France are expected to do well at Euro 2016 you don’t want to miss this Betfred price boost! They’ve enhanced France to win Euro 2016 from 3/1 to a tasty 4/1. Translated into matched betting terms, this gives us a guaranteed profit of £11.87 and here’s how…

Price Boost:

The maximum stake for this price boost is £100.00.

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 stakes using my matched betting calculator…

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 £114.16…

Betfred Logo

Place £100.00 on France @ 5.00 = Potential profit of £400.00

smarkets white

Lay £114.16 on France @ 4.40 = Potential liability of £388.13

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

France win + £400.00 – £388.13 = £11.87 profit
France don’t win – £100.00 + £111.87 (£114.16 minus 2% commission) = £11.87 profit

So, regardless of who wins Euro 2016, we will make a guaranteed profit of £11.87 on this Betfred offer.

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Matt Kirman - Matched Betting Blogger

Matt KirmanMatched Betting Blogger

Since 2014, I’ve blogged over £70,000 worth of profit, and made it my mission to make matched betting accessible to everyone.