It’s El Clasico in La Liga on Saturday and 138 are getting in on the action! If Ronaldo or Messi scores first in Real Madrid v Barcelona, 138 will refund losing Exact Score, HT/FT and First/Last Goalscorer bets as a free bet, up to a maximum of £10.00. Translated into matched betting terms, this gives us a potential profit of £6.61 and here’s how…
Qualifying Bet:
If you’re unsure about how to place qualifying bets, check out my Qualifying Bet Strategy page for a walk-through guide on how they should be done.
Qualifying bets must be placed between 10:00 on Friday 22nd December 2017 and 12:00 (kick-off) on Saturday 23rd December 2017, to be eligible.
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 a 1-1 draw in the Exact Score market.
I like to place my exchange lay bets with Betfair as they have great liquidity and the site is really easy to use.
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 £9.59…
Place £10.00 on a 1-1 draw @ 10.50 = Potential profit of £95.00
Lay £9.59 on a 1-1 draw @ 11.00 = Potential liability of £95.90
Let’s have a look at our potential profit/loss for the possible outcomes…
| 1-1 draw | + £95.00 – £95.90 = £0.90 loss |
| Not a 1-1 draw and Ronaldo/Messi scores first | – £10.00 + £9.11 + £7.50 (extract 75% from our £10.00 free bet) = £6.61 profit |
| Not a 1-1 draw and Ronaldo/Messi doesn’t score first | – £10.00 + £9.11 = £0.89 loss |
So, we’ll make a nice profit of £6.61 if the game isn’t drawn 1-1 and Ronaldo (4/1) or Messi (7/2) scores first, and we stand to lose a maximum of £0.90 on any other outcome. Risking £0.90 to make a profit of £6.61 gives us effective odds of 8.34, which I’m sure you’ll agree, makes this a profitable offer in the long run.
If eligible, free bets will be credited within 72 hours and will be valid for 7 days. Free bet stakes are not included in any returns.
If you’re unsure how to extract 75% of a £10.00 free bet, check out my Free Bet Strategy page for a walk-through guide on how it should be done.
* Barcelona won the match 3-0 with Suarez scoring the first goal, resulting in a loss of £0.89 on this 138 offer. *
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Matt Kirman – Matched Betting Blogger
Since 2014, I’ve blogged over £90,000 worth of profit, and made it my mission to make matched betting accessible to everyone.