Fenerbahce host Manchester United in the Europa League tonight and BetBright are getting in on the action! Simply place a bet on Fenerbahce v Manchester United and if Manchester United fail to win, BetBright will refund losing First/Last Goalscorer and Correct Score bets as a free bet, up to a maximum of £10.00. Translated into matched betting terms, this gives us a risk-free potential profit of £3.58 and here’s how…
Qualifying Bet:
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 to be eligible.
We need to place our qualifying bet on a selection that sees Manchester United winning the match. This ensures that if Manchester United fail to win, we will automatically be eligible for a free bet refund as our qualifying bet will have lost.
It’s entirely up to you what you place your qualifying bet on. Having looked at the odds available, I’ve opted to place my qualifying bet on 2-1 to Manchester United in the Correct Score 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 stake using my matched betting calculator…
As you can see, the calculator tells us that our lay stake should be £7.74…
Place £10.00 on 2-1 Man Utd @ 8.50 = Potential profit of £75.00
Lay £7.74 on 2-1 Man Utd @ 11.00 = Potential liability of £77.41
Let’s have a look at our potential profit/loss for the possible outcomes…
| 2-1 Man Utd | + £75.00 – £77.41 = £2.41 loss |
| Not 2-1 Man Utd and Man Utd fail to win | – £10.00 + £7.59 + £8.00 (extract 80% from £10.00 free bet) = £5.59 profit |
| Not 2-1 Man Utd and Man Utd win | – £10.00 + £7.59 = £2.41 loss |
So, as things stand, if Manchester United fail to win, we’ll make a nice profit of £5.59. Any other outcome and we’ll lose £2.41.
By placing an extra back bet on Manchester United to win the match (at whichever bookie is offering the best odds), we can actually make this offer risk-free. In order to work out our back stake, we just need to divide our potential loss of £2.41 by 1.20 (back odds minus 1.00 to account for our stake), which gives us £2.01.
Place £2.01 on Man Utd @ 2.20 = Potential profit of £2.41
Let’s have a look at our overall profit/loss for the possible outcomes…
| 2-1 Man Utd | – £2.41 + £2.41 = £0.00 |
| Not 2-1 Man Utd and Man Utd fail to win | + £5.59 – £2.01 = £3.58 profit |
| Not 2-1 Man Utd and Man Utd win | – £2.41 + £2.41 = £0.00 |
So, if Manchester United win, we’ll break even and there’s no harm done. If, however, Manchester United fail to win, we’ll make a risk-free profit of £3.58 on this BetBright offer!
If Manchester United fail to win, our free bet will be credited within an hour of the match ending and will be valid for 7 days.
If you’re unsure how to extract 80% cash from a £10.00 free bet, please see my free bet strategy page for a walk-through guide on how it should be done.
More reload offers – Make £300+ per month
With detailed walkthroughs for all the best offers as they’re released, you’ll be bagging recurring profits in no time.
More reload offers
Got a question?
Leave me a comment below…
I usually respond within 24 hours.
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.