BetStars Offer – Europa League Quarter-Final 2nd Legs

The Europa League Quarter-Finals conclude tonight and the BetStars money-back special continues! Place a pre-match bet on any of tonight’s Europa 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 £67.00 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.

Tonight’s eligible matches are as follows…

Fixture Kick-off Date
Sevilla v Athletic Bilbao 20:05 Thursday 14th April 2016
Liverpool v Borussia Dortmund 20:05 Thursday 14th April 2016
Sparta Prague v Villareal 20:05 Thursday 14th April 2016
Shakhtar Donetsk v Sporting Braga 20:05 Thursday 14th April 2016

It’s entirely up to you what you place your qualifying bets on. Having looked at the odds available for the Sevilla v Athletic Bilbao game, I’ve opted to place my qualifying bet on Sevilla/Sevilla 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 £22.19…

BetStars Logo

Place £25.00 on Sevilla/Sevilla @ 3.40 = Potential profit of £60.00

smarkets whiteLay £22.19 on Sevilla/Sevilla @ 3.85 = Potential liability of £63.25

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

Sevilla/Sevilla + £60.00 – £63.25 = £3.25 loss
Not Sevilla/Sevilla and game drawn – £25.00 + £21.75 + £20.00 (extract 80% from our £25.00 free bet) = £16.75 profit
Not Sevilla/Sevilla and game not drawn – £25.00 + £21.75 = £3.25 loss

So, if the match is a draw, we will make a nice profit of £16.75. Any other outcome and we’ll have lost £3.25. Risking £3.25 to make a profit of £16.75, gives us effective odds of 6.15, so given the fact that the odds of a draw are only 3.60, this is a very profitable offer over time.

This offer is available on all four Europa League matches tonight, giving us a potential overall profit of £67.00 on this BetStars offer. I’ll update the bottom of this post with my actual profit/loss after the matches have been played.

Free bets will be credited within 48 hours of the matches 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 £3.25 by 0.98 to give you a lay stake of £3.32. At the time of writing, the draw lay odds are 3.75, giving you a risk-free shot at £7.62. 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 £13.52. Unfortunately, none of the four matches were drawn, meaning I made a loss of £13.52 on this BetStars offer. *

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Matt Kirman - Matched Betting Blogger

Matt KirmanMatched Betting Blogger

Since 2014, I’ve blogged over £70,000 worth of profit, and made it my mission to make matched betting accessible to everyone.