Betsafe Offer – Wimbledon 2015

Wiimbledon 2015 gets underway on Monday and you won’t want to miss this Betsafe offer!  Simply place a bet on the Wimbledon outright winner before 23:59 on Thursday 2nd July 2015 and each and every time your selection wins a match, Betsafe will give us a £2.00 bonus!  Translated into matched betting terms, this gives us a potential profit of £11.48 and here’s how…

Qualifying Bet:

If you’re unfamiliar with qualifying bets, please see my Qualifying Bet Strategy page for a walkthrough guide on how to place your qualifying bets.

It’s entirely up to you who you place your qualifying bet on.  Having looked at the odds available, I’ve opted to place my qualifying bet on Novak Djokovic and we can calculate our lay stake by using the matched betting calculator.

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.

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

So regardless of who wins the tournament, we will lose £1.82 in qualifying for this offer.

Bonuses:

We will receive a £2.00 bonus for each and every match that our selection wins and these will be credited within 48 hours of each match.  The bonus has to be wagered once at minimum odds of 1.50 or higher in the Sportsbook before we can withdraw the funds.  Our cash bonuses will expire after 21 days if the required rollover has not been met.

As these are cash bonuses and not free bets, we should be able to extract more profit than usual as the stake is returned.  By using straightforward matched betting, we should be able to extract 95% out of any bonuses we receive.  The maximum amount of bonuses we can receive is £14.00 (7 x £2.00), if our selection wins the tournament, so 95% would give us £13.30 withdrawable cash.  If we take into account our qualifying loss of £1.82, this gives us a maximum potential profit of £11.48!