It’s Crystal Palace v West Brom in the early kick-off today and BetBright are running a great little in-play offer! Simply place a £10.00 in-play bet at minimum odds of 2.00 (EVENS) or above and if it loses, BetBright will refund our stake as a free bet to be used on any 3.00pm kick-off. Translated into matched betting terms, this gives us a guaranteed minimum profit of £5.61 and here’s how…
Qualifying Bet:
It’s impossible to know what odds will be available until the match is in progress but we’ll need to find a selection that has tight back and lay odds. If we underlay our bet instead of matching it completely, we can guarantee ourselves a profit on any outcome. Having looked at the current pre-match odds, it may be worth placing our qualifying bet on the game being a draw.
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.
Place £10.00 on a draw @ 3.70 = Potential profit of £27.00
Lay £7.77 on a draw @ 3.75 = Potential liability of £21.37
Let’s have a look at our potential profit/loss for the possible outcomes…
| Draw | +£27.00 – £21.37 = £5.63 profit |
| Not a draw | -£10.00 + £7.61 + £8.00 (extract 80% from our £10.00 free bet) = £5.61 profit |
So regardless of the result of the match, we will make a guaranteed minimum profit of £5.61 on this BetBright offer!
If our qualifying bet loses, our free bet will be credited after Crystal Palace v West Brom has finished and must be used on a match kicking off at 3:00pm.
If you’re not sure how to extract 80% of the £10.00 free bet, please see my Free Bet Strategy page for a walk-through guide on how it should be done.
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Matt Kirman – Matched Betting Blogger
Since 2014, I’ve blogged over £85,000 worth of profit, and made it my mission to make matched betting accessible to everyone.