The Champions League is back and Betway are treating us to a cracker of an offer! Simply place a £20.00 Top Goalscorer bet on the 2015/16 Champions League and for each goal our player scores in the Group stage, Betway will give us a £5.00 free bet. Translated into matched betting terms, this gives us a potential profit of £87.00 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 this offer, we must place our qualifying bet before 19:45 on Wednesday 30th September 2015.
It’s entirely up to you who you place your qualifying bet on. Having looked at the odds available, I’ve opted to place my qualifying bet on Lionel Messi. He’s the all-time Champions League leading goalscorer and with a favourable draw for Barcelona, there’s every chance he could repeat his haul of 8 group stage goals from last season.
Ordinarily I would advise laying our selection at Smarkets to minimise our qualifying loss. Personally, I’m not a fan of having money tied up in my exchange accounts for any length of time. Messi should bag us a few free bets to cover the outlay, so I’m just going to let this one run.
If you do decide to lay it, 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 the matched betting calculator.
Place £20.00 on Lionel Messi @ 3.75 = Potential profit of £55.00
Free Bets:
We will receive a £5.00 free bet for each goal that Lionel Messi scores in the Champions League Group Stage. Free bets will be credited within 48 hours of each match ending and will be valid for 7 days.
By using straightforward matched betting, we should be able to extract 80% out of any free bets we receive. If Lionel Messi were to repeat his haul of 8 group stage goals from last season, we would receive £40.00 worth (8 x £5.00) of free bets, £32.00 of which would be extracted as cash. If we take into account our potential qualifying profit of £55.00, this gives us a potential overall profit of £87.00!
* Lionel Messi scored 3 goals in the Group Stage, but failed to finish the tournament as Top Goalscorer, meaning I made a loss of £8.00 on this Betway offer. *
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Matt Kirman – Matched 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.