Champions League football returns tonight you don’t want to miss this Betsafe offer! Simply place a £20.00 bet on any of tonight’s Champions League matches and Betsafe will give us a £10.00 mobile free bet to use on Wednesday’s matches. Translated into matched betting terms, this gives us a guaranteed profit of £7.36 and here’s how…
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 our £10.00 free bet, we need to place a £20.00 bet, using any device, on any of Tuesday’s Champions League matches.
Qualifying bets must be placed at odds of 1.50 (1/2) or greater between 14:00 BST on Monday and the end of Tuesday’s matches, to be eligible.
It’s entirely up to you what you place your qualifying bets on. Having looked at the odds available, I’ve opted to place my qualifying bet on Man City in the Match Result market.
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 my matched betting calculator…
As you can see, the calculator tells us that our lay stake should be £19.76…
Place £20.00 on Man City @ 1.65 = Potential profit of £13.00
Lay £19.76 on Man City @ 1.69 = Potential liability of £13.63
Let’s have a look at our potential profit/loss for the possible outcomes…
|Man City win||+ £13.00 – £13.63 = £0.63 loss|
|Man City don't win||- £20.00 + £19.36 (£19.76 minus 2% commission) = £0.64 loss|
So, regardless of the outcome, we’ll lose a maximum of £0.64 in qualifying for our £10.00 free bet.
Our £10.00 free bet will be credited before 08:00 BST on Wednesday 18th October 2017 and must be used on any of Wednesday’s Champions League matches.
Our free bet can only be redeemed on mobile, by ticking the ‘Free Bet’ checkbox on our betslip.
If our free bet wins, the winnings will be considered bonus money and will need to be wagered once at minimum odds of 1.50 (1/2) or greater. As we’ll need to place our free bet at higher odds, we shouldn’t have too much wagering to do.
We should be able to extract 80% cash from our £10.00 free bet, so £8.00. If we take into consideration our maximum qualifying loss of £0.64, we should make a guaranteed profit of £7.36 on this Betsafe offer!
Click here to take advantage of this Betsafe offer