Tottenham are the visitors to Old Trafford today and Betfred are getting in on the action! Place a £20.00 in play bet on Man Utd v Tottenham and Betfred will give us a £10.00 free bet to use on today’s 3:00pm kick-offs. Translated into matched betting terms, this gives us a guaranteed profit of £6.50 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.
To qualify for the £10.00 free bet, we must place a bet of £20.00 or more in play on Man Utd v Tottenham, which kicks off at 12:30 on Saturday 28th October 2017.
It’s entirely up to you what you place your qualifying bet on, as long as you place it in play at the minimum odds of 1.50 (1/2) or greater. It may be worth placing our qualifying bets at half-time when the odds are fairly stable, as it reduces the risk of the odds fluctuating unfavourably whilst we are trying to get our lay bets on.
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.
Free Bet:
Our £10.00 free bet will be credited by 15:00 today (Saturday 28th October 2017) and will expire at 09:00 on Sunday 29th October 2017.
By using straightforward matched betting, we should be able to extract 80% of the £10.00 free bet as cash, so around £8.00. If we take into consideration our qualifying loss of £1.50, we should make a guaranteed profit of £6.50 on this Betfred offer!
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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.