BetStars Offer – Champions League Round of 16

Grab a £10.00 free bet on this week’s Champions League football with BetStars! Place a single £10.00 pre-match bet at odds of 1.50 (1/2) or greater on any Champions League match on Tuesday and Wednesday and BetStars will give us a £10.00 free bet to use in play on the same match. Translated into matched betting terms, this gives us a guaranteed profit of £14.00 and here’s how…

Qualifying Bets:

If you’re unfamiliar with qualifying bets, please see my Qualifying Bet Strategy page for a walk-through guide on how it should be done.

Qualifying bets must be placed pre-match at minimum odds of 1.50 (1/2) or greater to be eligible for the free bet. We are eligible to claim one £10.00 free bet per day, which means we can take advantage of this offer on both Tuesday and Wednesday.

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 the matched betting calculator.

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Aim to lose no more than £0.50 on each of our qualifying bets

So we will lose £1.00 in qualifying for our 2 x £10.00 free in play bets.

Free Bets:

Our 2 x £10.00 free bets can only be used to bet in play on the Champions League.

It’s impossible to know what odds will be available until the matches have kicked off but by using straightforward matched betting, we should be able to extract 75% out of the 2 x £10.00 free bets as cash, so £15.00. If we take into account our total qualifying loss of £1.00, this gives us a guaranteed profit of £14.00!

Extracting profit from our free bet can be a little tricky when betting in play. My advice is to wait until half-time to place your free bet and then lay them at Smarkets. This is simply because the odds don’t fluctuate as much as when the game is live. There’s nothing worse than placing a free bet on a market and then something happens in the game that changes the odds before you have chance to get your lay bet on! I tend to look at the correct score markets first and then if I can’t find anything suitable I move onto goal scorer markets.

If you can’t wait until half-time, you might want to look at placing it on 1-1, 2-1 or 3-1 whilst the score is at 0-0. By selecting a scoreline where both teams score, it reduces the risk of the odds fluctuating unfavourably.

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Matt Kirman - Matched Betting Blogger

Matt KirmanMatched 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.