England face Germany tonight you don’t want to miss this Betfred price boost! They’ve enhanced Germany to beat England from 7/10 to evens. Translated into matched betting terms, this gives us a guaranteed profit of £15.29 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…
As you can see, the calculator tells us that our lay stake should be £117.65…
Place £100.00 on Germany @ 2.00 = Potential profit of £100.00
Lay £117.65 on Germany @ 1.72 = Potential liability of £84.71
Let’s have a look at our profit/loss for the two potential outcomes…
Germany win | + £100.00 – £84.71 = £15.29 profit |
Germany don’t win | – £100.00 + £115.29 (£117.65 minus 2% commission) = £15.29 profit |
So, regardless of the result of the match, we will make a guaranteed profit of £15.29 on this Betfred offer.
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Matt Kirman – Matched 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.