Champions League football returns, which means it’s time for another BetBright offer. Simply place a bet on the 3-way market (1X2) for Chelsea v PSG and if it’s a draw, Betbright will give us our money back as a free bet up to a maximum of £25.00. Translated into matched betting terms, this gives us a potential profit of £16.82 and here’s how…
Qualifying Bet:
If you’re unfamiliar with qualifying bets, please see my Qualifying Bet Strategy page for a walkthrough guide on how to place your qualifying bets.
It’s entirely up to you which team you place your qualifying bet on but having looked at the odds available, PSG give us the lowest qualifying loss.
Place £25.00 on PSG @ 3.40 = Potential profit of £60.00
Lay £22.97 on PSG @ 3.75 = Potential liability of £63.17
Let’s have a look at our current potential profit/loss for the following outcomes…
| Chelsea win | -£25.00 + £21.82 = £3.18 loss |
| Draw | -£25.00 + £21.82 + £20.00 (extract 80% from our £25.00 free bet) = £16.82 profit |
| PSG win | +£60.00 – £63.17 = £3.17 loss |
So if Chelsea v PSG is a draw, we will make a rather nice profit of £16.82! We stand to lose a maximum of £3.18 on any other result. Ordinarily I would suggest laying the draw at Betfair to cover this, but as it is only a small potential loss I’m happy to let this one run. The odds of a draw are 3.30 at the time of writing, so the potential profit far outweighs the potential loss, making this a profitable offer in the long run.
If you’re not sure how to extract 80% of the £25.00 free bet refund, please see my Free Bet Strategy page for a walkthrough guide on how it should be done.
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Matt Kirman – Matched Betting Blogger
Since 2014, I’ve blogged over £100,000 worth of profit, and made it my mission to make matched betting accessible to everyone.