BetStars Offer – Champions League Quarter-Final 1st Legs

The Champions League Quarter-Finals get underway this week and the BetStars money-back special is back! Place a pre-match bet on any of this week’s Champions League fixtures and if the match ends in a draw, BetStars will refund losing Match Result & Both Teams To Score, First/Last Goalscorer, Correct Score and Half-Time/Full-Time bets as a free bet up to a maximum of £25.00 per match. Translated into matched betting terms, this gives us a potential profit of £73.32 and here’s how…

Qualifying Bets:

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.

We need to place our qualifying bets on selections that don’t see the games resulting in a draw. This ensures that if the match is drawn, we will automatically be eligible for a free bet refund as our qualifying bet will have lost.

This week’s eligible matches are as follows…

Fixture Kick-off Date
Barcelona v Atletico Madrid 19.45 Tuesday 5th April 2016
Bayern Munich v Benfica 19.45 Tuesday 5th April 2016
PSG v Man City 19:45 Wednesday 6th April 2016
Wolfsburg v Real Madrid 19:45 Wednesday 6th April 2016

It’s entirely up to you what you place your qualifying bets on. Having looked at the odds available for the Barcelona v Atletico Madrid game, I’ve opted to place my qualifying bet on Barcelona/Barcelona in the Half-time/Full-time 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 stake using my matched betting calculator…

Back Bet (Bookie)

%

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 us that our lay stake should be £23.81…

BetStars Logo

Place £25.00 on Barcelona/Barcelona @ 2.40 = Potential profit of £35.00

smarkets whiteLay £23.81 on Barcelona/Barcelona @ 2.54 = Potential liability of £36.67

Let’s have a look at our potential profit/loss for the possible outcomes…

Barcelona/Barcelona + £35.00 – £36.67 = £1.67 loss
Not Barcelona/Barcelona and game drawn – £25.00 + £23.33 + £20.00 (extract 80% from our £25.00 free bet) = £18.33 profit
Not Barcelona/Barcelona and game not drawn – £25.00 + £23.33 = £1.67 loss

So, if the match is a draw, we will make a nice profit of £18.33. Any other outcome and we’ll have lost £1.67. Risking £1.67 to make a profit of £18.33, gives us effective odds of 11.98, so given the fact that the odds of a draw are only 4.00, this is a very profitable offer over time.

This offer is available on all four Champions League matches this week, giving us a potential overall profit of £73.32 on this BetStars offer. I’ll update the bottom of this post with my actual selections on the other three games after the matches have been played.

Free bets will be credited within 48 hours of each match ending and will expire after 7 days. If you’re unsure how to extract 80% of our £25.00 free bets, check out my Free Bet Strategy page for a walk-through guide on how it should be done.

NOTE: I’ve opted to keep things simple for this blog post and let it run as above, but there is an option to make this offer risk-free by placing an extra lay bet on the draw at Smarkets. If you want to make it risk-free, you can divide your potential loss of £1.67 by 0.98 to give you a lay stake of £1.70. At the time of writing, the draw lay odds are 4.30, giving you a risk-free shot at £12.72. There is also the option to lay a larger amount to give you a guaranteed profit regardless of the outcome.

* My total qualifying loss for this offer was £6.52. PSG v Man City was the only match to end in a draw (2-2), meaning I made an overall profit of £13.48 on this BetStars offer. *

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Matt Kirman - Matched Betting Blogger

Matt KirmanMatched 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.