It’s Tottenham v Liverpool in the early kick-off today and BetBright are running a great little offer! Simply place a £5.00 bet on the First Goalscorer market 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 profit of £2.36 and here’s how…
Risk-Free Bet:
If we underlay our risk-free bet instead of matching it completely, we can guarantee ourselves a profit on any outcome. Having looked at the odds available, I’ve opted to place my risk-free bet on Harry Kane scoring first.
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 £5.00 on Harry Kane @ 6.00 = Potential profit of £25.00
Lay £3.54 on Harry Kane @ 7.40 = Potential liability of £22.64
Let’s have a look at our potential profit/loss for the possible outcomes…
| Kane scores first | +£25.00 – £22.64 = £2.36 profit |
| Kane doesn’t score first | -£5.00 + £3.36 + £4.00 (extract 80% from our £5.00 free bet) = £2.36 profit |
So regardless of the result of the match, we will make a guaranteed profit of £2.36 on this BetBright offer!
If our risk-free bet loses, our free bet will be credited after Tottenham v Liverpool 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 £5.00 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 £100,000 worth of profit, and made it my mission to make matched betting accessible to everyone.