There’s a big Sunday of Copa America football to look forward to and you don’t want to miss this Betway ‘Bet £5, Get £5’ offer! Simply bet £5.00+ on Qatar v Argentina or Colombia v Paraguay and Betway will give us a £5.00 free bet plus 25 bonus spins on Final Furlong. Translated into matched betting terms, this gives us a guaranteed profit of £3.64 and here’s how…
Key Terms:
- The minimum qualifying stake for this offer is £5.00.
- We must place our bet on Qatar v Argentina or Colombia v Paraguay, which both kick-off at 20:00 on Sunday 23rd June 2019.
- Qualifying bets must be placed pre-match at odds of 3.00 (2/1) 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 a Draw in the Colombia v Paraguay match.
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…
As you can see, the calculator tells us that our lay stake should be £4.74…
Place £5.00 on a draw @ 3.25 = Potential profit of £11.25
Lay £4.74 on a draw @ 3.45 = Potential liability of £11.61
Outcomes:
Let’s have a look at our potential profit/loss for the possible outcomes…
Outcome | Bookie | Exchange | Profit/Loss |
---|---|---|---|
Draw | +£11.25 | -£11.61 | £0.36 loss |
Not a draw | -£5.00 | +£4.64 | £0.36 loss |
So, regardless of the outcome, we’ll lose £0.36 in qualifying for our £5.00 free bet.
Free Bet:
Our £5.00 free bet will be credited within 24 hours of our qualifying bet being placed and will be valid for 7 days. Free bet stakes will not be included in any returns.
The 25 bonus spins will also be credited within 24 hours and will be valid on the Final Furlong game.
By using straightforward matched betting, we should be able to extract 80% cash from our £5.00 free bet, so £4.00. If we take into account our qualifying loss of £0.36, this gives us a guaranteed profit of £3.64 on this Betway offer!
* Colombia won the match 1-0, resulting in a profit of £3.64 on this Betway offer. *
More reload offers – Make £300+ per month
With detailed walkthroughs for all the best offers as they’re released, you’ll be bagging recurring profits in no time.
More reload offers
Got a question?
Leave me a comment below…
I usually respond within 24 hours.
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.