Dafabet Offer – Rangers v Celtic

It’s the Old Firm derby at Ibrox today and you don’t want to miss this Dafabet offer! Simply bet £10.00+ on Rangers v Celtic and Dafabet will give us a £10.00 free bet to use on Anderlecht v Celtic on Wednesday! Translated into matched betting terms, this gives us a guaranteed profit of £7.89 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 it should be done.

This offer is available to both new and existing Dafabet customers. If you are a new customer, this promotion replaces the ‘Get a free bet up to £30.00 if your first bet loses’ welcome offer.

To qualify for our £10.00 free bet, we must bet £10.00+ at odds of 1.50 (1/2) or greater on Rangers v Celtic, which kicks off at 12:00 today (Saturday 23rd September 2017).

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 Celtic in the Match Betting 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 stakes using my matched betting calculator…

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 £10.10…

Dafabet logo

Place £10.00 on Celtic @ 1.667 = Potential profit of £6.67

Smarkets logo

Lay £10.10 on Celtic @ 1.67 = Potential liability of £6.76

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

Celtic win + £6.67 – £6.76 = £0.09 loss
Celtic don’t win – £10.00 + £9.89 (£10.10 minus 2% commission) = £0.11 loss

So, regardless of the outcome, we’ll lose a maximum of £0.11 in qualifying for our £10.00 free bet.

Free Bet:

Our £10.00 free bet will be credited by 12:00 on Tuesday 26th September 2017 and must be used on Anderlecht v Celtic, which kicks off at 19:45 on Wednesday 27th September 2017.

If our free bet wins, a 1x real deposit is required before we are able to withdraw our winnings.

By using straightforward matched betting, we should be able to extract 80% cash from our £10.00 free bet, so £8.00. If we take into account our maximum qualifying loss of £0.11, this gives us a guaranteed profit of £7.89 on this Dafabet offer!

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Matt Kirman - Matched Betting Blogger

Matt KirmanMatched 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.