It’s Schalke v Misfits in the LEC Spring Split on Saturday and you don’t want to miss this Betway free bet offer! Simply place a single bet of up to £10.00 on Schalke v Misfits and Betway will match our stake as a free bet. Translated into matched betting terms, this gives us a guaranteed profit of £6.76 and here’s how…
- Applies to single bets on any Schalke v Misfits market.
- Minimum odds of 1.25 (1/4).
- Maximum free bet of £10.00.
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 Schalke in the Match Winner market at back odds of 1.60 (3/5). The lay odds are currently 1.81.
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 stake using my Matched Betting Calculator…
As you can see, the calculator tells us that our lay stake should be £8.94…
Place £10.00 on Schalke @ 1.60 = Potential profit of £6.00
Lay £8.94 on Schalke @ 1.81 = Potential liability of £7.24
Let’s have a look at our potential profit/loss for the possible outcomes…
So, no matter the outcome, we’ll lose £1.24 in qualifying for our £10.00 free bet.
Our £10.00 free bet will be credited within 24 hours of our qualifying bet being settled and will be valid for 7 days. Free bet stakes are not included in any returns.
Using straightforward matched betting, we should be able to convert our free bet into 80% cash, so £8.00. If we take into account our qualifying loss of £1.24, this gives us a guaranteed profit of £6.76 on this Betway offer!
* Misfits won the match 1-0, resulting in a profit of £6.76 on this Betway offer. *
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Matt Kirman – Matched 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.