Italy v England Offer – bet365

It’s Italy v England in the Euro 2020 Final on Sunday night and you don’t want to miss this bet365 free bet offer! They’re giving selected customers a £10.00 free bet to use on the big match. Translated into matched betting terms, this gives us a guaranteed profit of £7.99 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.
  • Free bets will be valid on Italy v England (20:00) on Sunday 11th July 2021.
  • One £10.00 free bet per eligible customer.

Free bet

If you’d like more information about free bets and how to convert them into cash, please see my free bets guide.

Our £10.00 free bet must be placed on Italy v England as a standard single bet or a bet placed through the Bet Builder feature. Free bets will expire if not used pre-match or in play on Italy v England. Free bet stakes are not included in any returns.

It’s entirely up to you what you place your free bet on, though you’ll need to place it at long odds in order to maximise your profit.

At the time of writing, England 2-1 is available in the Correct Score market at back odds of 12.00 (11/1). The lay odds are currently 13.50.

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 stakes using the ‘Free Bet’ setting on 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 £8.16…

Bet365 logo

Place £10.00 on England 2-1 @ 12.00 = Potential profit of £110.00

Betfair logo

Lay £8.16 on 1-2 (England) @ 13.50 = Potential liability of £102.00

Outcomes

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

Outcomebet365BetfairProfit/Loss
England win 2-1+ £110.00– £102.00£8.00 profit
Any other outcome– Free bet+ £7.99£7.99 profit

So, no matter the outcome, we’ll make a guaranteed profit of £7.99 on this bet365 offer!

* The match was drawn 1-1 (after 90 minutes), resulting in a profit of £7.99 on this bet365 offer. *

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Matt Kirman - Matched Betting Blogger

Matt KirmanMatched Betting Blogger

Since 2014, I’ve blogged over £70,000 worth of profit, and made it my mission to make matched betting accessible to everyone.