The race is on to qualify for Euro 2016 and ComeOn lead way with their risk-free bet offer. Simply place a £5.00 bet on any of the Euro 2016 Qualifiers taking place between Thursday 3rd September 2015 and Sunday 6th September 2016 and if it loses, ComeOn will refund our stake as a bonus. Translated into matched betting terms, this gives us a guaranteed minimum profit of £3.25 and here’s how…
Qualifying Bet:
We must opt-in to this offer on the promotions page to be eligible for this offer. Having looked at the odds available, I’ve opted to place my qualifying bet on Albania beating Denmark.
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 the matched betting calculator.
Place £5.00 on Albania @ 6.10 = Potential profit of £25.50
Lay £3.83 on Albana @ 6.80 = Potential liability of £22.21
Let’s have a look at our potential profit/loss for the possible outcomes…
Albania win | +£25.50 – £22.21 = £3.29 profit |
Albania don’t win | -£5.00 + £3.75 + £4.50 (extract 90% from our £5.00 bonus) = £3.25 profit |
So regardless of the result of the match, we will make a guaranteed minimum profit of £3.25 on this ComeOn offer!
Our bonus must be rolled over 3 times at minimum odds of 1.75, so by straightforward matched betting, we should be able to extract 90% of this as cash.
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Matt Kirman – Matched 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.