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Chelsea v Real Madrid Offer – NetBet

It’s Chelsea v Real Madrid in the Champions League Semi-Finals on Wednesday night and NetBet are getting in on the action! Simply place a £10.00+ pre-match bet on Chelsea v Real Madrid and NetBet will give us a £2.00 free bet for each of the specified outcomes. Translated into matched betting terms, this gives us a potential profit of £7.59 and here’s how…

Key terms

  • Applies to bets placed on Chelsea v Real Madrid before 20:00 (kick-off) on Wednesday 5th May 2021.
  • Minimum stake of £10.00.
  • Minimum odds of 2.00 (evens).
  • £2.00 free bet for each of the following outcomes:
    • Over 2.5 goals
    • Over 10.5 corners
    • A red card
    • A penalty taken
    • Either team wins on penalties

Qualifying bet

If you’d like more information about qualifying bets and how they work, please see my qualifying bets guide.

It’s entirely up to you what you place your qualifying bet on.

At the time of writing, Chelsea are available in the 1X2 FT market at back odds of 2.15 (23/20). The lay odds are currently 2.22.

Either exchange works for this offer

Betfair and Smarkets are both great options for this offer. If you’ve not used one of them, now is a great time to give them a try.

  • Money back as cash up to £20
  • 0% commission for 60 days

We can calculate our lay stakes using my Matched Betting Calculator

Back Bet (Bookie)


Lay Bet (Betting Exchange)


Min £
Max £
Lay stake required: £
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 £9.77…

NetBet logo

Place £10.00 on Chelsea @ 2.15 = Potential profit of £11.50

Betfair logo

Lay £9.77 on Chelsea @ 2.22 = Potential liability of £11.91


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

Chelsea win+ £11.50– £11.91£0.41 loss
Chelsea lose or draw– £10.00+ £9.57£0.43 loss

So, no matter the outcome, we’ll lose a maximum of £0.43 in qualifying for our potential free bets.

Free bets

We’ll receive a £2.00 free bet for each of the specified outcomes. Free bets will be credited within 24 hours of our qualifying bet being settled and will be valid for 7 days on any sport.

Using straightforward matched betting, we should be able to convert any free bet into 80% cash.

Therefore, if all five outcomes occur, we should be able to get £8.00 cash from our 5 x £2.00 free bets. If we take into account our minimum qualifying loss of £0.41, this gives us a potential profit of £7.59 on this NetBet offer!

* Chelsea won the match 2-0 and no free bets were triggered, resulting in a loss of £0.41 on this NetBet 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.