It’s Day 6 of ComeOn’s Christmas calendar promotion and you don’t want to miss this free bet offer! Simply deposit and bet £50.00 at minimum odds of 2.00 (evens) or greater and ComeOn will give us a £10.00 free bet! Translated into matched betting terms, this gives us a guaranteed profit of £6.01 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.
We must enter offer code ‘XMAS6’ on the Bonus Codes page. We must then deposit and stake £50.00 at minimum odds of 2.00 (evens) to be eligible. The offer expires at 22:59 tonight (Tuesday 6th December 2016).
It’s entirely up to you what you place your qualifying bet on. Having looked at the odds available, I’ve opted to place my qualifying bet on Napoli beating Benfica in the ‘1X2 FT’ market.
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 my matched betting calculator…
As you can see, the calculator tells us that our lay stake should be £48.99…
Place £50.00 on Napoli @ 2.90 = Potential profit of £95.00
Lay £48.99 on Napoli @ 2.98 = Potential liability of £96.99
Let’s have a look at our potential profit/loss for the possible outcomes…
| Napoli win | + £95.00 – £96.99 = £1.99 loss |
| Napoli don’t win | – £50.00 + £48.01 (£48.99 minus 2% commission) = £1.99 loss |
So, regardless of the result of the match, we will lose £1.99 in qualifying for our £10.00 free bet.
Free Bet:
Our £10.00 free bet will be credited within 20 minutes and will appear on our betting slip in a drop down menu when we place our next bet. Our free bet must be used by 22:59 tonight (Tuesday 6th December 2016).
By using straightforward matched betting, we should be able to extract 80% of the £10.00 free bet as cash, so £8.00. If we take into account our qualifying loss of £1.99, this gives us a guaranteed profit of £6.01 on this ComeOn 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.