Say hello to this cracker of a Bwin free bet offer! Back Brazil to beat Croatia and if they fail to win, Bwin will refund our stake as a free bet up to a maximum of £50.00! That’s money back if Brazil lose – or even draw! Translated into matched betting terms, this gives us a minimum guaranteed profit of £7.50 and here’s how…
Qualifying Bet
If you’re unsure about how to place qualifying bets, check out my Qualifying Bet Strategy page for a walkthrough guide on how it should be done.
Place £50.00 on Brazil @ 1.30 = Potential profit of £15.00
Lay £50.00 on Brazil @ 1.35 = Potential liability of £17.50
Let’s have a look at our potential profit/loss for the two outcomes…
| Brazil win | +£15.00 – £17.50 = £2.50 loss |
| Brazil don’t win | -£50.00 + £47.50 + £40.00 (extract 80% from our £50.00 free bet) = £37.50 profit |
If you’re unsure how to extract 80% of our £50.00 free bet, check out my Free Bet Strategy page for a walkthrough guide on how it should be done.
So as things stand we will make £37.50 profit if Brazil fail to beat Croatia. Unfortunately, we also stand to lose £2.50 if Brazil do beat Croatia and so we need to insure ourselves against this by backing Brazil. I’ve done a quick odds comparison and at the time of writing, Betbright are offering the best odds on a Brazil win.
Place £30.00 on Brazil @ 1.34 = Potential profit of £10.20
Let’s have a look at our overall profit/loss for the two outcomes…
| Brazil win | -£2.50 + £10.20 = £7.70 profit |
| Brazil don’t win | +£37.50 – £30.00 = £7.50 profit |
As you can see, regardless of the result of the opening game, we will make a guaranteed minimum profit of £7.50!
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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.