Czech Republic v England Offer – Grosvenor

It’s Czech Republic v England at Euro 2020 on Tuesday night and Grosvenor are getting in on the action! Simply place a £10.00+ pre-match bet on Czech Republic v England and Grosvenor will give us a £1.00 free bet for every goal scored in the match. Translated into matched betting terms, this gives us a potential profit of £3.44 and here’s how…

Key terms

  • Applies to bets placed on Czech Republic v England before 20:00 (kick-off) on Tuesday 22nd June 2021.
  • Minimum stake of £10.00.
  • Minimum odds of 1.50 (1/2).
  • £1.00 free bet for every goal scored in the match.

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, England are available in the Full Time market at back odds of 1.55 (11/20). The lay odds are currently 1.63.

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

Select bet type

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 £9.63…

Grosvenor logo

Place £10.00 on England @ 1.55 = Potential profit of £5.50

Betfair logo

Lay £9.63 on England @ 1.63 = Potential liability of £6.06

Outcomes

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

OutcomeGrosvenorBetfairProfit/Loss
England win+ £5.50– £6.06£0.56 loss
England lose or draw– £10.00+ £9.43£0.57 loss

So, no matter the outcome, we’ll lose a maximum of £0.57 in qualifying for our potential free bets.

Free bets

We’ll receive a £1.00 free bet for every goal scored in the match. Free bets will be credited within 48 hours and will be valid for 7 days. Free bet stakes are not included with any returns.

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

Therefore, if 5 goals are scored in the game, we should be able to get £4.00 cash from our £5.00 free bet. If we take into account our minimum qualifying loss of £0.56, this gives us a potential profit of £3.44 on this Grosvenor offer!

Note: This offer is available on every match featuring England, Scotland and Wales throughout Euro 2020.

* England won the match 1-0, resulting in a profit of £0.24 on this Grosvenor 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.