It’s Dortmund v Bayern Munich in the Bundesliga on Tuesday and you don’t want to miss this Betfred ‘Bet £10, Get £5’ offer! Place a pre-match single bet of £10.00 or more on Dortmund v Bayern Munich and Betfred will give us a £5.00 free bet to use in play on the same match. Translated into matched betting terms, this gives us a guaranteed profit of £3.64 and here’s how…
Key Terms:
- Applies to bets placed between 17:00 on Monday 25th May 2020 and 17:30 (kick-off) on Tuesday 26th May 2020.
- Minimum stake of £10.00.
- Qualifying bet must be placed at odds of 1.50 (1/2) 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.
Having looked at the odds available, we could place our qualifying bet on Bayern Munich in the Match Result market.
At the time of writing, laying our bet at Betfair gives us the smallest qualifying loss.
Betfair are currently offering new customers 0% commission up to £500 for the first 30 days.
If you’re an existing Betfair customer, you can opt in to pay just 2% commission by selecting their Basic reward plan.
For more information about My Betfair Rewards and how to opt in, please see my Betfair 2% Commission page.
We can calculate our lay stakes using my matched betting calculator…
As you can see, the calculator tells us that our lay stake should be £9.84…
Place £10.00 on Fc Bayern Munchen @ 1.909 = Potential profit of £9.09
Lay £9.84 on Bayern Munich @ 1.96 = Potential liability of £9.44
Let’s have a look at our potential profit/loss for the possible outcomes…
Outcome | Bookie | Exchange | Profit/Loss |
---|---|---|---|
Bayern Munich win | +£9.09 | -£9.44 | £0.35 loss |
Bayern Munich don’t win | -£10.00 | +£9.64 | £0.36 loss |
So, regardless of the result, we’ll lose a maximum of £0.36 in qualifying for our £5.00 free bet.
Free Bet:
Our £5.00 free bet will be credited by 17:30 on Tuesday 26th May 2020 and will be valid until 09:00 on Wednesday 27th May 2020.
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 maximum qualifying loss of £0.36, this gives us a guaranteed profit of £3.64 on this Betfred offer!
* Bayern Munich won the match 1-0, resulting in a profit of £3.65 on this Betfred offer. *
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Bob
Guest userNot sure if you’ve posted it can’t see it but PokerStars are doing bet 20 get 10 in play through the challenges window @Matt.
Matt
1486Was that one available to all customers Bob or invite only? Either way, thanks for posting.
bob
Guest userI assume It’s all customers because the challenges are usually sitewide. I’ll keep an eye out for the next one and let you know.
Matt
1486Thanks Bob, I’ll keep an eye out for that one too.
Daniel N
Guest userMy free bet hasn’t appeared 🤬
Matt
1486Did it come through in the end Daniel?