Bruce Betting Offer – Juventus v Real Madrid

Juventus face Real Madrid in the Champions League Final on Saturday and Bruce Betting are getting in on the action! Simply bet £20.00+ on either Juventus or Real Madrid to win the match and Bruce Betting will give us a £5.00 free bet each time our team scores! Translated into matched betting terms, this gives us a potential profit of £18.65 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.

It’s entirely up to you who you place your qualifying bet on, as long as you place it pre-match on either Juventus or Real Madrid in the 1X2 market. Having looked at the odds available, I’ve opted to place my qualifying bet on Real Madrid.

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…

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 £19.02…

Bruce Betting logo

Place £20.00 on Real Madrid @ 2.625 = Potential profit of £32.50

smarkets white

Lay £19.02 on Real Madrid @ 2.78 = Potential liability of £33.85

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

Real Madrid win + £32.50 – £33.85 = £1.35 loss
Real Madrid don’t win – £20.00 + £18.63 (£19.02 minus 2% commission) = £1.37 loss

So, regardless of the result of the match, we’ll lose a maximum of £1.37 in qualifying for our potential free bets.

Free Bets:

For every goal that Real Madrid score in the match, we’ll receive a £5.00 free bet by 12:00 on Sunday 4th June 2017, up to a maximum total of £50.00. Free bets will be valid for 7 days and free bet stakes are not included with any returns.

By using straightforward matched betting, we should be able to extract 80% of any free bets as cash.

Therefore, if Real Madrid are able to score 5 goals in the game, we’ll receive £25.00 in free bets, from which we can extract £20.00 cash. If we take into account our minimum qualifying loss of £1.35, this gives us a potential profit of £18.65 on this Bruce Betting offer!

* Real Madrid won the match 4-1 in 90 minutes, meaning I made a profit of £14.65 profit on this Bruce Betting offer. *

Got a question?
Leave me a comment below…

I usually respond within 24 hours.

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.