Lara v Warrington Offer – Betfred

It’s Mauricio Lara v Josh Warrington on Saturday night and Betfred are getting in on the action! Place a £10.00+ pre-fight single bet on Lara v Warrington and Betfred will give us a £5.00 free bet for every round with an official knockdown recorded. Translated into matched betting terms, this gives us a potential profit of £7.90 and here’s how…

Key terms

  • Applies to bets placed from 17:00 on Friday 3rd September 2021 until the fight starts (around 22:00) on Saturday 4th September 2021.
  • Minimum stake of £10.00.
  • Minimum odds of 1.50 (1/2).
  • £5.00 free bet for every round with an official knockdown recorded.

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 what you place your qualifying bet on.

At the time of writing, Mauricio Lara is available in the Bout Winner market at back odds of 2.20 (6/5). The lay odds are currently 2.20.

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

Select bet type

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 £10.09…

Betfred logo

Place £10.00 on Mauricio Lara @ 2.20 = Potential profit of £12.00

Betfair logo

Lay £10.09 on Mauricio Lara @ 2.20 = Potential liability of £12.10

Outcomes

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

OutcomeBetfredBetfairProfit/Loss
Lara wins+ £12.00– £12.10£0.10 loss
Lara draws or loses– £10.00+ £9.88£0.12 loss

So, no matter the outcome, we’ll lose a maximum of £0.12 in qualifying for our potential free bets.

Free bets

We’ll receive a £5.00 free bet for every round with an official knockdown recorded. Free bets will be credited within 24 hours of qualifying bet settlement and will be valid until 09:00 on Monday 6th September 2021.

If two rounds have an official knockdown recorded, 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 £0.10, this gives us a potential profit of £7.90 on this Betfred offer!

* The fight ended in a technical draw with no knockdowns recorded, resulting in a loss of £0.12 on this Betfred offer. *

Got a question?
Leave me a comment below

I usually respond within 24 hours.

Matt Kirman - Matched Betting Blogger

Matt KirmanMatched Betting Blogger

Since 2014, I’ve blogged over £70,000 worth of profit, and made it my mission to make matched betting accessible to everyone.