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Betfred Offer – Champions League – 9th December 2015

The Champions League Group Stages conclude tonight and you don’t want to miss this Betfred offer! Simply place an in play bet on 3 or more Champions League matches at minimum odds of 1.50 (1/2) or above and Betfred will give us a free bet to our average stake up to a maximum of £25.00, to be used on the Europa League tomorrow. Translated into matched betting terms, this gives us a guaranteed profit of £14.00 and here’s how…

 

Qualifying Bet:

If you’re unfamiliar with qualifying bets, please see my Qualifying Bet Strategy for a walk-through guide on how they should be done.

We must opt in on the promotion page to be eligible for this offer.

To qualify for the £25.00 free bet, we must place an in-play bet at minimum odds of 1.50 (1/2) on 3 or more Champions League matches taking place tonight (Wednesday 9th December 2015).

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 stakes using the matched betting calculator.

Betfred LogoAim to lose no more than £2.00 on each of our 3 qualifying bets

So we will lose approximately £6.00 in qualifying for our £25.00 free bet.

 

Free Bet:

Our free bet will be credited within 24 hours of our qualifying bets settling and must be used by 08:00 on Friday 11th December 2015.

By using straightforward matched betting, we should be able to extract 80% of our £25.00 free bet as cash, so around £20.00. If we take into consideration our qualifying loss of £6.00, this gives us a guaranteed profit of £14.00!

If you’re not sure how to extract 80% of the £25.00 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 KirmanMatched 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.