It’s England v Germany at Euro 2020 on Tuesday and GentingBet are getting in on the action! Simply place a £10.00+ pre-match bet on England v Germany and GentingBet will give us a free bet equal to the amount of goals scored in the game. Translated into matched betting terms, this gives us a potential profit of £3.36 and here’s how…
Key terms
- Applies to bets placed on England v Germany before 17:00 (kick-off) on Tuesday 29th June 2021.
- Minimum stake of £10.00.
- Minimum odds of 1.50 (1/2).
- Maximum free bet of £5.00.
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 Match Result market at back odds of 2.50 (6/4). The lay odds are currently 2.64.
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…
As you can see, the calculator tells us that our lay stake should be £9.54…
Place £10.00 on England @ 2.50 = Potential profit of £15.00
Lay £9.54 on England @ 2.64 = Potential liability of £15.64
Outcomes
Let’s have a look at our potential profit/loss for the possible outcomes…
| Outcome | GentingBet | Betfair | Profit/Loss |
|---|---|---|---|
| England win | + £15.00 | – £15.64 | £0.64 loss |
| England lose or draw | – £10.00 | + £9.34 | £0.66 loss |
So, no matter the outcome, we’ll lose a maximum of £0.66 in qualifying for our potential free bet.
Free bet
We’ll receive a free bet equal to the amount of goals scored in the game, up to a maximum of £5.00. Free bets will be credited by 23:59 on Wednesday 30th June 2021 and will be valid for 3 days. Free bet stakes will not be 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 £0.64, this gives us a potential profit of £3.36 on this GentingBet offer!
* England won the match 2-0, resulting in a profit of £0.96 on this GentingBet offer. *
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Matt Kirman – Matched Betting Blogger
Since 2014, I’ve blogged over £90,000 worth of profit, and made it my mission to make matched betting accessible to everyone.