Euro 2020 Qualifiers Offer – Partypoker

There’s a big weekend of Euro 2020 Qualifying action to look forward to and you don’t want to miss this partypoker ‘Bet £10, Get £10’ offer! Simply opt-in and place a bet of £10.00 or more on any Euro 2020 Qualifying match and partypoker will give us a £10.00 free bet to use on any sport. Translated into matched betting terms, this gives us a guaranteed profit of £7.76 and here’s how…

Key Terms:

  • We must opt-in on the promotion page to be eligible.
  • We must bet £10.00+ at odds of 1.50 (1/2) or greater.
  • Applies to bets placed between 00:00 on Friday 11th October 2019 and 23:59 on Sunday 13th 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 it 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 a Draw (X) in the Georgia v Republic of Ireland 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 £9.97…

partypoker logo

Place £10.00 on a draw @ 2.95 = Potential profit of £19.50

Smarkets logo

Lay £9.97 on a draw @ 2.98 = Potential liability of £19.74

Outcomes:

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

Outcome Bookie Exchange Profit/Loss
Draw +£19.50 -£19.74 £0.24 loss
Not a draw -£10.00 +£9.77 £0.23 loss

So, regardless of the outcome, we’ll lose a maximum of £0.24 in qualifying for our £10.00 free bet.

Free Bet:

Our £10.00 free bet will be valid for 72 hours on any sport.

By using straightforward matched betting, we should be able to extract 80% cash from our £10.00 free bet, so £8.00. If we take into account our maximum qualifying loss of £0.24, this gives us a guaranteed profit of £7.76 on this partypoker offer!

* Georgia drew 0-0 with Republic of Ireland, resulting in a profit of £7.76 on this Partypoker 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.