BetBright Offer – England v Pakistan

August 30, 2016 / Cricket / 8 Comments

Kick-off time (GMT): 30/08/2016 : 14:00

Guaranteed profit
£8.00
Potential profit
£10.00
My profit £8.00

England face Pakistan at Trent Bridge today and you don’t want to miss this BetBright offer! Place a pre-match and in play bet on England v Pakistan and if our in play bet loses, BetBright will give us a free bet equal to our lowest qualifying stake. Translated into matched betting terms, this gives us a guaranteed profit of £8.00-£10.00 and here’s how…

BetBright Offer - England v Pakistan

Pre-Match 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.

We must place a pre-match and in play bet on England v Pakistan, to be eligible. If our in play bet loses, our free bet will be equal to the lowest value of our pre-match or in play bet, up to a maximum of £20.00.

It’s entirely up to you what you place your pre-match qualifying bet on, but having looked at the odds available, I’ve opted to place it on Pakistan in the ‘Match Winner 2-Way’ market.

I like to place my exchange lay bets with Smarkets as they have great liquidity, the site is really easy to use and they only charge 2% commission in comparison to the 5% charged by other betting exchanges.

We can calculate our lay stake using my matched betting calculator…


Back Bet (Bookie)

%

Lay Bet (Betting Exchange)

%

Adjust your lay stake

Min £
Max £

Lay stake required: £

Bookie
Exchange
Total
If back (bookie) bet wins
= £
If lay (exchange) bet wins
= £
Bookie
Exchange
Cashback
Total
If back
bet wins
= £
If lay
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 £19.83…

betbright logo

Place £20.00 on Pakistan @ 3.40 = Potential profit of £48.00

smarkets whiteLay £19.83 on Pakistan @ 3.45 = Potential liability of £48.57

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

Pakistan win + £48.00 – £48.57 = £0.57 loss
Pakistan don't win - £20.00 + £19.43 (£19.83 minus 2% commission) = £0.57 loss

So, regardless of the result of the match, we will lose £0.57 on our pre-match qualifying bet.

In Play Qualifying Bet:

If you’re unfamiliar with risk-free bets, please see my Risk-Free Bet Strategy page for a walk-through guide on how they should be done.

It’s impossible to know what odds will be available until the match gets underway, so I’ll use fictional odds in the following example and I’ll update the bottom of the post with my actual selection after the match. If we let the match progress a little and keep our eye on the Match Winner market, we should be able to find a suitable match.

Again, we can calculate our lay stake using my matched betting calculator, but this time we’ll need to select the ‘Risk-Free Bet’ setting. We can enter £16.00 as our ‘Cashback’ amount, as this is the amount we expect to extract from our £20.00 free bet if our in play qualifying bet loses…


Back Bet (Bookie)

%

Lay Bet (Betting Exchange)

%

Adjust your lay stake

Min £
Max £

Lay stake required: £

Bookie
Exchange
Total
If back (bookie) bet wins
= £
If lay (exchange) bet wins
= £
Bookie
Exchange
Cashback
Total
If back
bet wins
= £
If lay
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 £13.17…

betbright logo

Place £20.00 on Pakistan @ 5.00 = Potential profit of £80.00

smarkets whiteLay £13.17 on Pakistan @ 6.40 = Potential liability of £71.10

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

Pakistan win + £80.00 – £71.10 = £8.90 profit
Pakistan don't win - £20.00 + £12.90 + £16.00 (extract 80% from stake refund) = £8.90 profit

So, regardless of the result of the match, we will make a profit of £8.90 on our in play bet.

If we take into account our pre-match qualifying loss of £0.57, this gives us a guaranteed profit of £8.33. Therefore, depending on the odds that are available in play, we should make a guaranteed profit of £8.00-£10.00 on this BetBright offer!

If our in play bet loses, our free bet will be credited by 11:00 on Wednesday 31st August 2016 and will be valid for 7 days.

If you’re unsure how to extract 80% from a £20.00 free bet, please see my free bet strategy page for a walk-through guide on how it should be done.

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8 Comments

  1. Luke

    August 30, 2016
    / Reply

    Hi Matt,
    I've never ever bet on cricket before, do you think it would be a bit obvious to take up this offer with betbright?
    thanks

    • Matt

      Matt

      August 30, 2016
      / Reply

      I don't think it's necessary to have bet on cricket previously Luke, however, it's important that you mug bet regularly and mix things up as much as possible.

  2. Pete

    August 30, 2016
    / Reply

    Hi have tried and tried this afternoon to put an in play bet on this with no success, odds keep getting suspended - I find Betbright very awkward to deal with - won't be doing one of these again with them

  3. Pete B

    August 31, 2016
    / Reply

    Any reason why I ended up with £40 worth of freebets?! : )

  4. Chris

    August 31, 2016
    / Reply

    Hi, did anyone else complete this offer? I won on my pre bet and lost my in play bet and recieved 2 x 20 free bets. Thought the offer was for one. Will they take one away later? I have Already used both! Extracted 90% from each so offer will have me over £28.

    • Matt

      Matt

      August 31, 2016
      / Reply

      Not sure what has happened there guys. The offer was definitely a risk-free in play bet!

  5. Pete B

    August 31, 2016
    / Reply

    They must have made a mistake as they took mine away - damn!

  6. biscuit1966

    biscuit1966

    August 31, 2016
    / Reply

    How much did you make in the end Matt?


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