It’s Canelo Alvarez v Billy Joe Saunders in the early hours of Sunday morning and Betfred are getting in on the action! Simply place a £10.00+ pre-fight single bet on Canelo or Saunders to win and Betfred will give us a £5.00 free bet for every knockdown our chosen fighter records. Translated into matched betting terms, this gives us a potential profit of £7.49 and here’s how…
Key terms
- Applies to bets placed from 17:00 on Friday 7th May 2021 until the fight starts (around 04:00) on Sunday 9th May 2021.
- Applies only to bets place on the Bout Winner market.
- Minimum stake of £10.00.
- £5.00 free bet for every knockdown our chosen fighter records.
Qualifying bet
If you’d like more information about qualifying bets and how they work, please see my qualifying bets guide.
It’s entirely up to you which fighter you place your qualifying bet on.
At the time of writing, Saul Alvarez (Canelo) is available at back odds of 1.20 (1/5) and lay odds of 1.26.
Either exchange works for this offer
Betfair and Smarkets are both great options for this offer. If you’ve not used one of them, now is a great time to give them a try.
- Money back as cash up to £20
- 0% commission for 60 days
We can calculate our lay stakes using my Matched Betting Calculator…
As you can see, the calculator tells us that our lay stake should be £9.68…
Place £10.00 on Saul Alvarez @ 1.20 = Potential profit of £2.00
Lay £9.68 on Saul Alvarez @ 1.26 = Potential liability of £2.51
Outcomes
Let’s have a look at our potential profit/loss for the possible outcomes…
| Outcome | Betfred | Betfair | Profit/Loss |
|---|---|---|---|
| Alvarez wins | + £2.00 | – £2.51 | £0.51 loss |
| Alvarez draws or loses | – £10.00 | + £9.48 | £0.52 loss |
So, no matter the outcome, we’ll lose a maximum of £0.52 in qualifying for our potential free bets.
Free bets
We’ll receive a £5.00 free bet for every knockdown Alvarez records. Free bets will be credited by 12:00 on Sunday 9th May 2021 and will be valid until 09:00 on Monday 10th May 2021.
If Alvarez records two knockdowns, we’ll receive £10.00 in free bets. Using straightforward matched betting, we should be able to convert our free bets into 80% cash, so £8.00. If we take into account our minimum qualifying loss of £0.51, this gives us a potential profit of £7.49 on this Betfred offer!
For those of you who are unfamiliar with boxing, the odds are just 1.571 (4/7) for Saunders to be knocked down, so we’ll be unlucky not to at least make a small profit.
* Alvarez won the fight with an 8th Round knockout and there were no knockdowns, resulting in a loss of £0.51 on this Betfred 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.