Povetkin v Whyte Offer – Betfred

It’s Alexander Povetkin v Dillian Whyte on Saturday night and Betfred are getting in on the action! Simply place a £10.00+ pre-fight single bet on Povetkin v Whyte 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 £10.02 and here’s how…

Key terms

  • Applies to bets placed from 17:00 on Friday 26th March 2021 until the fight starts (around 22:30) on Saturday 27th March 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, Alexander Povetkin is available in the Bout Winner market at back odds of 3.75 (11/4). The lay odds are currently 4.60.

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.

  • 2% commission for all new signups
  • 0% commission for 60 days

We can calculate our lay stakes 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 £8.19…

Betfred logo

Place £10.00 on Alexander Povetkin @ 3.75 = Potential profit of £27.50

Betfair logo

Lay £8.19 on Alexander Povetkin @ 4.60 = Potential liability of £29.48

Outcomes

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

OutcomeBetfredBetfairProfit/Loss
Povetkin wins+ £27.50– £29.48£1.98 loss
Povetkin draws or loses– £10.00+ £8.02£1.98 loss

So, no matter the outcome, we’ll lose £1.98 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 29th March 2021.

If three rounds have an official knockdown recorded, we’ll receive £15.00 in free bets. Using straightforward matched betting, we should be able to convert our free bets into 80% cash, so £12.00. If we take into account our qualifying loss of £1.98, this gives us a potential profit of £10.02 on this Betfred offer!

For those of you who are unfamiliar with boxing, the odds are just 1.25 (1/4) for either fighter to be knocked down, so we’ll be unlucky not to at least make a small profit.

* Dillian Whyte landed a fight-winning knockdown in the 4th Round, resulting in a profit of £2.02 on this Betfred offer. *

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Matt Kirman - Matched Betting Blogger

Matt KirmanMatched Betting Blogger

Since 2014, I’ve blogged over £60,000 worth of profit, and made it my mission to make matched betting accessible to everyone.