It’s Dereck Chisora v David Price on Saturday night and Betfred are getting in on the action! Simply place a £10.00+ pre-fight bet on Chisora v Price and Betfred will give us a £5.00 free bet for every knockdown that is recorded. Translated into matched betting terms, this gives us a potential profit of £11.03 and here’s how…
Key Terms:
- The minimum stake to qualify is £10.00.
- Our qualifying bet must be placed pre-fight on Chisora v Price at odds of 1.50 (1/2) or greater.
- We’ll receive a £5.00 free bet every time a knockdown is recorded.
Qualifying Bet:
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.
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 David Price in the Bout Winner market.
At the time of writing, laying our bet at Betfair gives us the smallest qualifying loss.
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 £9.49…
Place £10.00 on David Price @ 3.75 = Potential profit of £27.50
Lay £9.49 on David Price @ 4.00 = Potential liability of £28.47
Outcomes:
Let’s have a look at our potential profit/loss for the possible outcomes…
| Outcome | Bookie | Exchange | Profit/Loss |
|---|---|---|---|
| David Price wins | +£27.50 | -£28.47 | £0.97 loss |
| David Price doesn’t win | -£10.00 | +£9.01 | £0.99 loss |
So, regardless of the outcome, we’ll lose a maximum of £0.99 in qualifying for our potential free bets.
Free Bets:
We’ll receive a £5.00 free bet for every knockdown that is recorded. Free bets will be credited within 24 hours of our qualifying bet being settled and will be valid until 09:00 on Tuesday 29th October 2019.
By using straightforward matched betting, we should be able to extract 80% cash from any free bet.
If three knockdowns are recorded, we’ll receive £15.00 in free bets, from which we can extract £12.00 cash. If we take into account our minimum qualifying loss of £0.97, this gives us a potential profit of £11.03 on this Betfred offer!
* Chisora knocked Price down in the 4th Round. Price got to his feet, but his team threw the towel in, meaning Chisora won the fight by knockout. Therefore, there were no recorded knockdowns, resulting in a loss of £0.99 on this Betfred offer. *
More reload offers – Make £300+ per month
With detailed walkthroughs for all the best offers as they’re released, you’ll be bagging recurring profits in no time.
More reload offers
Got a question?
Leave me a comment below…
I usually respond within 24 hours.
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.