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Betfair Exchange – Man City v Chelsea Offer

It’s Man City v Chelsea in the FA Cup on Sunday, and Betfair are getting in on the action! Place an Exchange bet of up to £10.00 on ‘Man City to win’, and if your bet loses, your stake will be refunded as a free bet. Translated into matched betting terms, this gives you a profit of £2.11 and here’s how…

Key terms

  • Place an Exchange bet of up to £10.00 on ‘Man City to win‘.
  • Applies to bets placed between 09:00 on Friday 6th January 2022, and 16:30 (kick-off) on Sunday 8th January 2023.
  • Applies to your first bet placed on the selected market only.
  • Applies to back bets only; lay bets do not qualify.
  • Money back as a free bet if your bet loses.
  • Betfair Rewards ‘Basic’ customers are excluded from this promotion.
  • If eligible, your free bet will be credited within 24 hours.
  • The free bet will be valid on any football exchange market for 7 days.

Qualifying bet

If your qualifying bet loses, Betfair will refund your stake as a free bet, so you can treat this as a ‘Money Back if Bet Loses‘ offer.

You can work out your lay stake using the ‘Money Back if Bet Loses‘ setting on my Matched Betting Calculator. You can enter ‘£8.00‘ as your ‘Cashback’ figure as that is the amount you can expect to convert your £10.00 free bet into, should your bet lose.

Select bet type

Back Bet (Bookie)

Advanced
%

Lay Bet (Betting Exchange)

%

Min £
Max £
Lay stake required: £
Bookie
Exchange
Cashback
Total
If back (bookie) bet wins
£
£
£
= £
If lay (exchange) bet wins
£
£
£
= £
Total profit: £

Optimal Underlay

Lay stake required: £
Exchange liability: £

If back (bookie) bet wins: £
If lay (exchange) bet wins: £

Optimal Overlay

Lay stake required: £
Exchange liability: £

If back (bookie) bet wins: £
If lay (exchange) bet wins: £

As you can see, the calculator tells you that your lay stake should be £4.11.

Place £10.00 on ‘Man City to win’ @ 1.40 = Potential profit of £3.80

Lay £4.11 on ‘Man City’ (Full-time result) @ 1.41 = Potential liability of £1.68

Outcomes

Let’s look at your profit/loss for the possible outcomes.

OutcomeBetfairExchangeFree BetProfit/Loss
Man City win+ £3.80– £1.68£2.12 profit
Man City lose or draw– £10.00+ £4.11+ £8.00£2.11 profit

So, no matter the outcome, you’ll make a minimum profit of £2.11 on this Betfair Exchange offer!

If you’re unsure how to convert your £10.00 free bet into £8.00 cash (80%), please see my ‘Free Bets Guide‘ for a walkthrough.

* Man City won the match 4-0, resulting in a £2.12 profit on this Betfair Exchange offer. *

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Matt Kirman - Matched Betting Blogger

Matt KirmanMatched Betting Blogger

Since 2014, I’ve blogged over £70,000 worth of profit, and made it my mission to make matched betting accessible to everyone.