It’s Oleksandr Usyk v Dereck Chisora on Saturday night and Betfred are getting in on the action! Simply place a £10.00+ pre-fight single bet on Usyk v Chisora and Betfred will give us a £5.00 free bet for every official knockdown. Translated into matched betting terms, this gives us a potential profit of £10.93 and here’s how…
Key Terms:
- The minimum stake to qualify is £10.00.
- Our qualifying single bet must be placed pre-fight on Usyk v Chisora at odds of 1.50 (1/2) or greater.
- Applies to bets placed from 17:00 on Wednesday 28th October 2020.
- We’ll receive a £5.00 free bet for every official knockdown that is 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. Having looked at the odds available, we could place our qualifying bet on Dereck Chisora in the Bout Winner market.
At the time of writing, laying our bet at Betfair gives us the smallest qualifying loss.
Betfair are currently offering new customers 0% commission up to £500 for the first 30 days.
If you’re an existing Betfair customer, you can opt in to pay just 2% commission by selecting their Basic reward plan.
For more information about My Betfair Rewards and how to opt in, please see my Betfair 2% Commission page.
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 £9.12…
Place £10.00 on Dereck Chisora @ 6.00 = Potential profit of £50.00
Lay £9.12 on Dereck Chisora @ 6.60 = Potential liability of £51.07
Outcomes:
Let’s have a look at our potential profit/loss for the possible outcomes…
| Outcome | Bookie | Exchange | Profit/Loss |
|---|---|---|---|
| Dereck Chisora wins | + £50.00 | – £51.07 | £1.07 loss |
| Dereck Chisora doesn’t win | – £10.00 | + £8.93 | £1.07 loss |
So, regardless of the outcome, we’ll lose £1.07 in qualifying for our potential free bets.
Free Bets:
We’ll receive a £5.00 free bet for every official 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 Monday 2nd November 2020.
If three official knockdowns are 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 £1.07, this gives us a potential profit of £10.93 on this Betfred offer!
* Oleksandr Usyk won the fight on points and there were no knockdowns, resulting in a loss of £1.07 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.