It’s Everton v Liverpool in the Premier League on Sunday and you don’t want to miss this Bet365 free bet offer! Place a pre-match single bet on Everton v Liverpool and Bet365 will give us a free bet equal to our largest pre-match bet, up to £50.00, to use in play. Translated into matched betting terms, this gives us a guaranteed profit of £34.38 and here’s how…
Key Terms:
- This offer is invite only, available to customers who have received the promotional email, web message, text message, pop-up or mobile notification.
- We must place our qualifying bet on Everton v Liverpool before 19:00 (kick-off) on Sunday 21st June 2020.
- We’ll receive a free bet equal to our largest pre-match stake, up to a maximum of £50.00.
- The free bet will only become available once the match has kicked off.
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.
We should place our qualifying bet on either team to win as that will also qualify us for Bet365’s Early Payout promotion, where they’ll pay us out if our selected team goes two goals ahead, regardless of the final result.
Having looked at the odds available, we could place our qualifying bet on Liverpool in the Full Time Result market.
At the time of writing, laying our bet at Betfair gives us the smallest qualifying loss.
Betfair are currently offering new customers 0% commission up to £500 for the first 30 days.
If you’re an existing Betfair customer, you can opt in to pay just 2% commission by selecting their Basic reward plan.
For more information about My Betfair Rewards and how to opt in, please see my Betfair 2% Commission page.
We can calculate our lay stake using the ‘Qualifying Bet‘ setting on my matched betting calculator…
As you can see, the calculator tells us that our lay stake should be £47.84…
Place £50.00 on Liverpool @ 1.55 = Potential profit of £27.50
Lay £47.84 on Liverpool @ 1.64 = Potential liability of £30.61
Let’s have a look at our potential profit/loss for the possible outcomes…
| Outcome | Bookie | Exchange | Profit/Loss |
|---|---|---|---|
| Liverpool win | +£27.50 | -£30.61 | £3.11 loss |
| Liverpool don’t win | -£50.00 | +£46.88 | £3.12 loss |
So, regardless of the outcome, we’ll lose a maximum of £3.12 in qualifying for our £50.00 free bet.
Free Bet:
Our £50.00 free bet will only become available once the match starts and must be used in play. Free bet stakes are not included in any returns.
If you’re unsure how to extract cash from a free bet, please see my Free Bet Strategy page for a walk-through guide on how it should be done.
It’s impossible to know what odds will be available until the match has kicked off, but we should be aiming to extract around £37.50 cash (75%) from our £50.00 free bet.
I’ll use fictional odds for 2-1 Liverpool in the following example to give you an idea of how things should pan out.
We can calculate our lay stake using the ‘Free Bet‘ setting on my matched betting calculator…
As you can see, the calculator tells us that our lay stake should be £38.34…
Place £50.00 on 2-1 Liverpool @ 8.50 = Potential profit of £375.00
Lay £38.34 on 2-1 Liverpool @ 9.80 = Potential liability of £337.39
Let’s have a look at our potential profit/loss for the possible outcomes…
| Outcome | Bookie | Exchange | Profit/Loss |
|---|---|---|---|
| 2-1 Liverpool | +£375.00 | -£337.39 | £37.61 profit |
| Not 2-1 Liverpool | -£50.00 free bet | +£37.57 | £37.57 profit |
So, with some decent odds, we’ll extract around £37.50 cash from our £50.00 free bet.
If we take into account our maximum qualifying loss of £3.12, this gives us a guaranteed profit of £34.38 on this Bet365 offer!
* The match was drawn 0-0, resulting in a profit of £34.38 on this Bet365 offer. *
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Matt Kirman – Matched Betting Blogger
Since 2014, I’ve blogged over £90,000 worth of profit, and made it my mission to make matched betting accessible to everyone.