Portugal stand in Wales’ way of a place in the Euro 2016 Final and Dafabet are getting in on the action! Simply place a bet on any Wales market and if they fail to qualify, Dafabet will refund losing bets as a free bet, to be used on the Final, up to a maximum of £30.00. Translated into matched betting terms, this gives us a guaranteed profit of £12.11 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.
Qualifying bets must be placed between 05:00 and 20:00 (kick-off) tonight (Wednesday 6th July 2016).
We need to place our qualifying bet on Wales to qualify for the Final. This ensures that if Wales fail to qualify, we will automatically be eligible for a free bet refund as our qualifying bet will have lost.
We can calculate our lay stake by selecting the ‘Risk-Free Bet’ setting on my matched betting calculator. We can enter £24.00 as our ‘Cashback’ amount, as this is the amount we can expect to extract from our £30.00 free bet if our qualifying bet loses…
As you can see, the calculator tells us that our lay stake should be £18.48…
Place £30.00 on Wales to qualify @ 2.50 = Potential profit of £45.00
Lay £18.48 on Wales to qualify @ 2.78 = Potential liability of £32.89
Let’s have a look at our potential profit/loss for the possible outcomes…
| Wales qualify | + £45.00 – £32.89 = £12.11 profit |
| Wales don’t qualify | – £30.00 + £18.11 + £24.00 (extract 80% from our £30.00 free bet) = £12.11 profit |
So, regardless of the result of the match, we will make a guaranteed profit of £12.11 on this Dafabet offer!
If Wales fail to qualify for the Final, free bets will be credited 24 hours before kick-off (20:00 on Sunday 10th July 2016).
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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.