10Bet Offer – England v Russia

England and Russia get their Euro 2016 campaigns underway tonight and 10Bet are getting in on the action! Simply opt-in to the promotion and bet £10.00 on England to beat Russia, and if England get the job done, 10Bet will give us a £5.00 free bet. Translated into matched betting terms, this gives us a potential profit of £3.55 and here’s how…

Qualifying Bet:

We must opt-in on the promotion page to be eligible for this offer.

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.

Qualifying bets must be placed pre-match on England to beat Russia in the ‘1X2 FT’ 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 stakes using my matched betting calculator…

As you can see, the calculator tells us that our lay stake should be £9.74…

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

So, if England beat Russia, we’ll have made a profit of £3.55. Any other result and we’ll have lost £0.45. Risking £0.45 to make a profit of £3.55, gives us effective odds of 8.89, so given that the odds on England winning are 1.90, this is a profitable offer in the long run.

If England win, our £5.00 free bet will be credited within 24 hours of the match ending and will be valid for 10 days. The Free Bet will always be used prior to real money. Free bet stakes are not included in any returns.

If you’re not sure how to extract 80% of our £5.00 free bet, have a read of my free bet strategy page for a walk-through guide on how it should be done.