It’s Betfair free bet time again! Place a pre-match Sportsbook Correct Score, Scorecast, First, Last or Anytime Goalscorer market bet on Netherlands v Argentina and get a full refund as a free bet token if it goes to Extra Time, up to a maximum of £25.00. Translated into matched betting terms, this gives us a potential risk-free profit of £13.37 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.
I always stick to the correct score markets for these types of offers and for this particular offer, we need to select a correct score that isn’t a draw. This ensures that we qualify for the free bet in the event that the match goes into extra-time as our qualifying bet will have lost. Having looked at the odds on offer, I’ve opted to place my qualifying bet on 2-1 Netherlands.
Place £25.00 on 2-1 Netherlands @ 15.00 = Potential profit of £350.00
Lay £24.27 on 2-1 Netherlands @ 15.50 = Potential liability of £351.92
Let’s have a look at our potential profit/loss for the various outcomes…
|
2-1 Netherlands |
+£350.00 – £351.92 = £1.92 loss |
|
Extra-time |
-£25.00 + £23.06 + £20.00 (Assumes an 80% return from our £25.00 free bet) = £18.06 profit |
|
Not 2-1 Netherlands or extra-time |
-£25.00 + £23.06 = £1.94 loss |
If you’re not sure how to extract 80% of our £25.00 free bet, please see my Free Bet Strategy page for a walkthrough guide on how it should be done.
So as things stand we will make £18.06 profit if the match goes into extra-time. Unfortunately, if the match isn’t level after 90 minutes, we stand to lose a maximum of £1.94 and so we need to insure ourselves against this by laying the draw at the betting exchange.
To calculate our lay stake, we need to divide the £1.94 by 0.95 to allow for the 5% commission. This gives us a lay stake of £2.04.
Lay £2.04 on the draw @ 3.30 = Potential liability of £4.69
Let’s have a look at our overall profit/loss for the three outcomes…
|
2-1 Netherlands |
-£1.92 + £1.94 = £0.02 profit |
|
Extra-time |
£18.06 – £4.69 = £13.37 profit |
|
Not 2-1 Netherlands or extra-time |
-£1.94 + £1.94 = £0.00 |
So if the match isn’t level after 90 minutes, we will break even and there’s no harm done. However, if the game does go into extra-time, we will make a nice risk-free profit of £13.37!
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.