England v Panama Offer – Betsafe

It’s England v Panama today and Betsafe are getting in on the action! Simply bet £10.00+ on Harry Kane to score anytime for England against Panama and if he scores, Betsafe will give us a £10.00 free bet! Translated into matched betting terms, this gives us a potential profit of £6.50 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 they should be done.

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…

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 £9.18…

Betsafe logo

Place £10.00 on Kane to score anytime @ 1.57 = Potential profit of £5.70

Smarkets logo

Lay £9.18 on Kane to score anytime @ 1.73 = Potential liability of £6.70

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

Kane scores + £5.70 – £6.70 + £7.50 (extract 75% from £10.00 free bet) = £6.50 profit
Kane doesn’t score – £10.00 + £8.99 (£9.18 minus 2% commission) = £1.01 loss

So, if Harry Kane scores, we’ll have made a profit of £6.50. If Kane doesn’t score, we’ll have made a loss of £1.01. Risking £1.01 to make a profit of £6.50 gives us effective odds of 7.44. So, given that the odds are just 1.57 for Kane to score anytime, this a profitable offer in the long run.

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.

* Harry Kane scored 3 goals in a 6-1 England win, resulting in a profit of £6.50 on this Betsafe 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.