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Champions League Free Bet Offer – Bethard

There’s a big Tuesday night of Champions League football to look forward to and you don’t want to miss this ‘Bet £40, Get £10’ offer from Bethard! Simply bet £40.00+ on any of Tuesday’s Champions League matches and Bethard will give us a £10.00 free bet on Wednesday. Translated into matched betting terms, this gives us a guaranteed profit of £6.34 and here’s how…

This offer can found behind number 27 of Bethard’s Ultimate Sports Quiz.

Today’s question is ‘What is the name of the prize awarded to the National League Hockey champions?

The correct answer is ‘The Stanley Cup‘.

Key Terms:

  • Our qualifying bet must be placed pre-match on any Champions League match being played on Tuesday 27th November 2018.
  • The minimum stake is £40.00.
  • Qualifying bets must be placed at odds of 1.75 (3/4) or greater.

Qualifying Bet:

If you’re unfamiliar with qualifying bets, please see my Qualifying Bet Strategy page for a walk-through guide on how it should be done.

It’s entirely up to you what you place your qualifying bet on. Having looked at the odds available, we could place our qualifying bet on AS Roma to beat Real Madrid in the 1X2 Full Time market.

At the time of writing, laying our bet at Smarkets gives us the smallest qualifying loss.

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 £39.13…

Bethard logo

Place £40.00 on AS Roma @ 3.60 = Potential profit of £104.00

Smarkets logo

Lay £39.13 on AS Roma @ 3.70 = Potential liability of £105.65

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

AS Roma win + £104.00 – £105.65 = £1.65 loss
AS Roma don’t win – £40.00 + £38.34 (£39.13 minus 2% commission) = £1.66 loss

So, regardless of the outcome, we’ll lose a maximum of £1.66 in qualifying for our £10.00 free bet.

Free Bet:

Our £10.00 free bet will be credited by 15:00 on Wednesday 28th November 2018.

By using straightforward matched betting, we should be able to extract 80% cash from our £10.00 free bet, so £8.00. If we take into account our maximum qualifying loss of £1.66, this gives us a guaranteed profit of £6.34 on this Bethard offer!

* Roma lost the match 2-0, resulting in a profit of £6.34 on this Bethard offer. *

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Matt Kirman - Matched Betting Blogger

Matt KirmanMatched Betting Blogger

Since 2014, I’ve blogged over £90,000 worth of profit, and made it my mission to make matched betting accessible to everyone.