It’s England v Panama in today’s early kick-off and you don’t want to miss this Money Back Special from Betsafe! Simply bet £20.00+ on over 2.5 goals to be scored in England v Panama and if our bet loses, Betsafe will give us a £10.00 free bet. Translated into matched betting terms, this gives us a risk-free potential profit of £4.91 and here’s how…
Qualifying Bet:
If our bet loses, Betsafe will give us a £10.00 free bet, so this is effectively a risk-free bet offer.
At the time of writing, laying our bet at Smarkets gives us the biggest risk-free potential profit.
We can work out our underlay stake by using the ‘Risk-Free Bet’ setting on my matched betting calculator. We can enter £7.50 as our ‘Cashback’ figure as this is the amount we can expect to extract (75%) from our £10.00 free bet, should our bet lose.
We can then use the slider to find a lay stake that suits…
As you can see, if we want to maximise our risk-free potential profit on 3 or more goals being scored, our lay stake should be £12.83…
Place £20.00 on ‘Over 2.5’ @ 1.81 = Potential profit of £16.20
Lay £12.83 on ‘Over 2.5 goals’ @ 1.88 = Potential liability of £11.29
Outcomes:
Let’s have a look at our potential profit/loss for the possible outcomes…
| 3 or more goals | + £16.20 – £11.29 = £4.91 profit |
| 2 or less goals | – £20.00 + £12.57 + £7.50 (extract 75% from our £10.00 free bet) = £0.07 profit |
So, if 2 or less goals are scored, we’ll make a small profit of £0.07. If 3 or more goals are scored, we’ll make a profit of £4.91 on this Betsafe offer!
Free Bet:
If eligible, our £10.00 free bet will be credited by 14:00 on Monday 25th June 2018.
The free bet stake is not included in any returns and the winnings from the free bet are paid in bonus money. The bonus must then be wagered once at odds of 1.50 (1/2) or greater (within 30 days) before we can withdraw the funds.
The free bet will be available on our Bet Slip and will only be visible after making a selection from any football market.
* England won the match 6-1, resulting in a profit of £4.91 on this Betsafe offer. *
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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.