The Europa League Quarter-Finals get underway tonight and the BetStars money-back special continues! Place a pre-match bet on any of tonight’s Europa League fixtures and if the match ends in a draw, BetStars will refund losing Match Result & Both Teams To Score, First/Last Goalscorer, Correct Score and Half-Time/Full-Time bets as a free bet up to a maximum of £25.00 per match. Translated into matched betting terms, this gives us a potential profit of £73.52 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 they should be done.
We need to place our qualifying bets on selections that don’t see the games resulting in a draw. This ensures that if the match is drawn, we will automatically be eligible for a free bet refund as our qualifying bet will have lost.
Tonight’s eligible matches are as follows…
Fixture | Kick-off | Date |
---|---|---|
Athletic Bilbao v Sevilla | 20:05 | Thursday 7th April 2016 |
Borussia Dortmund v Liverpool | 20:05 | Thursday 7th April 2016 |
Villareal v Sparta Prague | 20:05 | Thursday 7th April 2016 |
Sporting Braga v Shakhtar Donetsk | 20:05 | Thursday 7th April 2016 |
It’s entirely up to you what you place your qualifying bets on. Having looked at the odds available for the Borussia Dortmund v Liverpool game, I’ve opted to place my qualifying bet on Borussia Dortmund/Borussia Dortmund 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 £23.85…
Place £25.00 on Dortmund/Dortmund @ 2.50 = Potential profit of £37.50
Lay £23.85 on Dortmund/Dortmund @ 2.64 = Potential liability of £39.12
Let’s have a look at our potential profit/loss for the possible outcomes…
Dortmund/Dortmund | + £37.50 – £39.12 = £1.62 loss |
Not Dortmund/Dortmund and game drawn | – £25.00 + £23.38 + £20.00 (extract 80% from our £25.00 free bet) = £18.38 profit |
Not Dortmund/Dortmund and game not drawn | – £25.00 + £23.38 = £1.62 loss |
So, if the match is a draw, we will make a nice profit of £18.38. Any other outcome and we’ll have lost £1.62. Risking £1.62 to make a profit of £18.38, gives us effective odds of 12.35, so given the fact that the odds of a draw are only 4.10, this is a very profitable offer over time.
This offer is available on all four Europa League matches tonight, giving us a potential overall profit of £73.52 on this BetStars offer. I’ll update the bottom of this post with my actual profit/loss after the matches have been played.
Free bets will be credited within 48 hours of the matches ending and will expire after 7 days. If you’re unsure how to extract 80% of our £25.00 free bets, check out my Free Bet Strategy page for a walk-through guide on how it should be done.
NOTE: I’ve opted to keep things simple for this blog post and let it run as above, but there is an option to make this offer risk-free by placing an extra lay bet on the draw at Smarkets. If you want to make it risk-free, you can divide your potential loss of £1.62 by 0.98 to give you a lay stake of £1.65. At the time of writing, the draw lay odds are 4.40, giving you a risk-free shot at £12.77. There is also the option to lay a larger amount to give you a guaranteed profit regardless of the outcome.
* My total qualifying loss for this offer was £11.00. Dortmund v Liverpool was the only match to end in a draw (1-1), meaning I made an overall profit of £9.00 on this BetStars offer. *
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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.