Euro 2020 Offer – STS

Euro 2020 gets underway on Friday and STS are getting in on the action. Simply place a £25.00+ bet on a player to be the tournament’s top goalscorer and STS will give us a £5.00 bonus every time they score a goal! Translated into matched betting terms, this gives us a potential profit of £20.33 and here’s how…

Key terms

  • Promotion is valid between Thursday 10th June 2021 and 20:00 on Friday 11th June 2021.
  • Applies to our first bet placed on the Top Goalscorer market.
  • Minimum stake of £25.00.
  • £5.00 bonus for every goal scored by our selected player.

Strategy

It’s entirely up to you how you play these pre-tournament offers on the outright markets.

The tournament starts on Friday 11th June 2021 and ends on Sunday 11th July 2021, meaning your funds at the betting exchange could be tied up for some time if your selected team/player does well.

That’s fine if you have a sizeable bankroll, but if not, make sure you leave yourself enough funds to do reload offers that will no doubt be available throughout the tournament.

You can reduce your overall liability at the exchange by selecting different teams/players for different offers. For example, say you place lay bets on France, England and Germany each with a liability of £100, you would only need £100 in your exchange account (not £300) as only one team can win the tournament.

Of course, another option is to not lay these pre-tournament offers at all and just let the back bets run. The bonuses should cover most of the qualifying stakes and if your selected team/player wins, you’ll make a nice profit.

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 which player you go for. At the time of writing, Romelu Lukaku is available at back odds of 8.00 (7/1) and lay odds of 9.20.

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 stake using my Matched Betting Calculator

Select bet type

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 £21.79…

STS logo

Place £25.00 on Romelu Lukaku @ 8.00 = Potential profit of £175.00

Betfair logo

Lay £21.79 on Romelu Lukaku @ 9.20 = Potential liability of £178.67

Outcomes

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

OutcomeSTSBetfairProfit/Loss
Lukaku top scores+ £175.00– £178.67£3.67 loss
Another player top scores– £25.00+ £21.35£3.65 loss

So, no matter the outcome, we’ll lose a maximum of £3.67 in qualifying for our potential bonuses.

Bonuses

We’ll receive a £5.00 bonus for every goal scored by our selected player. Bonuses will be credited by 16:00 the following working day and will be valid on any sport for 3 days. Bonuses must be wagered 6 times before withdrawal.

If Romelu Lukaku scores 6 goals in the tournament, we’ll receive £30.00 in bonuses.

Using straightforward matched betting, we should be able to convert our bonuses into 80% cash, so £24.00. If we take into account our qualifying loss of £3.67, this gives us a potential profit of £20.33 on this STS offer!

* Romelu Lukaku scored 4 goals and did not finish top goalscorer, resulting in a profit of £12.35 on this STS 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.