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Euro 2020 Qualifiers Offer – Betfred

The Euro 2020 Qualifiers are back and Betfred are getting in on the action! Simply place a £5.00+ pre-match bet on any Euro 2020 Qualifiers market and Betfred will give us a £1.00 free bet for every goal Harry Kane scores over the international break. Translated into matched betting terms, this gives us a potential profit of £3.79 and here’s how…

Key Terms:

  • Only customers in direct receipt of an outbound communication, with the username referenced are eligible.
  • The minimum stake to qualify is £5.00.
  • We must place our bet on any Euro 2020 Qualifiers market at odds of 2.00 (evens) or greater.
  • Qualifying bets must be placed between 00:00 on Thursday 10th October 2019 and 19:45 on Friday 11th October 2019.

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.

A quick look at the OddsMonkey Oddsmatcher tool will give us an idea on what to place our qualifying bet on.

At the time of writing, the Oddsmatcher suggests we can place our qualifying bet on Slovakia in the Slovakia v Wales Match Result 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…

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 £4.89…

Betfred logo

Place £5.00 on Slovakia @ 2.60 = Potential profit of £8.00

Smarkets logo

Lay £4.89 on Slovakia @ 2.68 = Potential liability of £8.21

Outcomes:

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

Outcome Bookie Exchange Profit/Loss
Slovakia win +£8.00 -£8.21 £0.21 loss
Slovakia don’t win -£5.00 +£4.79 £0.21 loss

So, regardless of the outcome, we’ll lose £0.21 in qualifying for our potential free bets.

Free Bets:

We’ll receive a £1.00 free bet for every goal Harry Kane scores in Czech Republic v England (Fri 19:45) and Bulgaria v England (Mon 19:45). Free bets will be credited by 15:00 on Tuesday 15th October 2019 and will be valid for 72 hours. Free bet stakes will not be included with any returns.

By using straightforward matched betting, we should be able to extract 80% cash from any free bet.

Therefore, if Harry Kane scores 5 goals across the two games, we’ll receive £5.00 in free bets, from which we can extract £4.00 cash. If we take into account our qualifying loss of £0.21, this gives us a potential profit of £3.79 on this Betfred offer!

* Slovakia drew 1-1 with Wales and Harry Kane scored 2 goals across the two England games, resulting in a profit of £1.39 on this Betfred offer. *

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Matt KirmanMatched Betting Blogger

Since 2014, I’ve blogged over £100,000 worth of profit, and made it my mission to make matched betting accessible to everyone.