2018-19 NBA Free Bet Offer – Bethard

The 2018-19 NBA season gets underway on Wednesday and you don’t want to miss this ‘Bet £20, Get £10’ offer from Bethard! Simply bet £20.00+ on any NBA match from the first round of games and Bethard will give us a £10.00 free bet to use on any sport. Translated into matched betting terms, this gives us a guaranteed profit of £6.80 and here’s how…

Key Terms:

  • Our qualifying bet must be placed pre-match on any NBA game being played between Wednesday 17th October 2018 and Friday 19th October 2018.
  • We must stake £20.00 or more to be eligible for the £10.00 free bet.
  • Qualifying bets must be placed at odds of 1.75 (3/4) or greater.
  • This offer is available until 11:00 on Friday 19th October 2018.

Qualifying Bet:

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.

It’s entirely up to you what you place your qualifying bet on. Having looked at the odds available, we could place our qualifying bet on Denver Nuggets to beat Los Angeles Clippers in the Moneyline Full Time market.

At the time of writing, laying our bet at Smarkets gives us the smallest qualifying loss.

We can calculate our lay stake using my matched betting calculator…

Back Bet (Bookie)

%

Lay Bet (Betting Exchange)

%

Min £
Max £
Lay stake required: £
Bookie
Exchange
Cashback
Total
If back (bookie) bet wins
£
£
£
= £
If lay (exchange) bet wins
£
£
£
= £
Total profit: £

Optimal Underlay

Lay stake required: £
Exchange liability: £

If back (bookie) bet wins: £
If lay (exchange) bet wins: £

Optimal Overlay

Lay stake required: £
Exchange liability: £

If back (bookie) bet wins: £
If lay (exchange) bet wins: £

As you can see, the calculator tells us that our lay stake should be £19.19…

Bethard logo

Place £20.00 on Denver Nuggets @ 1.833 = Potential profit of £16.66

Smarkets logo

Lay £19.19 on Denver Nuggets @ 1.93 = Potential liability of £17.84

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

Denver Nuggets win + £16.66 – £17.84 = £1.18 loss
Denver Nuggets don’t win – £20.00 + £18.80 (£19.19 minus 2% commission) = £1.20 loss

So, regardless of the result of the game, we’ll lose a maximum of £1.20 in qualifying for our £10.00 free bet.

Free Bet:

Our £10.00 free bet should be credited by 15:00 the following day. If the match is played on Friday, Saturday or Sunday, the free bet will be credited the following Monday.

By using straightforward matched betting, we should be able to extract 80% cash from our £10.00 free bet, so £8.00. If we take into account our maximum qualifying loss of £1.20, this gives us a guaranteed profit of £6.80 on this Bethard offer!

* Denver Nuggets won the match 107-98, resulting in a profit of £6.82 on this Bethard offer. *

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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.