It’s England v Montenegro on Thursday night and you don’t want to miss this Bet UK ‘Bet £10, Get £5’ offer! Stake a total of £10.00 on England v Montenegro and Bet UK will give us a £5.00 free bet to use on the same match. Translated into matched betting terms, this gives us a guaranteed profit of £3.19 and here’s how…
Key Terms:
- Total stake of £10.00.
- Qualifying bets must be placed at odds of 1.50 (1/2) or greater.
- Bets placed before 12:00 on Wednesday 13th November 2019 will not qualify.
- Offer available to first 2,000 customers to qualify.
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 Over 3.5 in the Total Goals market.
At the time of writing, laying our bet at Smarkets gives us the smallest qualifying loss.
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 £9.38…
Place £10.00 on Over 3.5 @ 1.80 = Potential profit of £8.00
Lay £9.38 on Over 3.5 goals @ 1.94 = Potential liability of £8.81
Outcomes:
Let’s have a look at our potential profit/loss for the possible outcomes…
| Outcome | Bookie | Exchange | Profit/Loss |
|---|---|---|---|
| 4 goals or more | +£8.00 | -£8.81 | £0.81 loss |
| 3 goals or less | -£10.00 | +£9.19 | £0.81 loss |
So, regardless of the outcome, we’ll lose £0.81 in qualifying for our £5.00 free bet.
Free Bet:
Our £5.00 free bet must be used on England v Montenegro and will expire at 21:45 on Thursday 14th November 2019. Free bet stakes will not be included in any returns.
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 qualifying loss of £0.81, this gives us a guaranteed profit of £3.19 on this Bet UK offer!
* England won the match 7-0, resulting in a profit of £3.19 on this Bet UK 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.