Italy v England Offer – GentingBet

It’s Italy v England in the Euro 2020 Final on Sunday night and GentingBet are getting in on the action! Simply place a £10.00+ pre-match bet on Italy v England and GentingBet will give us a free bet equal to the amount of goals scored in the game. Translated into matched betting terms, this gives us a potential profit of £3.40 and here’s how…

Key terms

  • Applies to bets placed on Italy v England before 20:00 (kick-off) on Sunday 11th July 2021.
  • Minimum stake of £10.00.
  • Minimum odds of 1.50 (1/2).
  • Maximum free bet of £5.00.

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 what you place your qualifying bet on.

At the time of writing, Italy are available in the Match Result market at back odds of 3.10 (21/10). The lay odds are currently 3.25.

Either exchange works for this offer

We can calculate our lay stakes 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 £9.60…

Genting Bet logo

Place £10.00 on Italy @ 3.10 = Potential profit of £21.00

Smarkets logo

Lay £9.60 on Italy @ 3.25 = Potential liability of £21.60

Outcomes

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

OutcomeGentingBetSmarketsProfit/Loss
Italy win+ £21.00– £21.60£0.60 loss
Italy lose or draw– £10.00+ £9.40£0.60 loss

So, no matter the outcome, we’ll lose £0.60 in qualifying for our potential free bet.

Free bet

We’ll receive a free bet equal to the amount of goals scored in the game, up to a maximum of £5.00. Free bets will be credited by 23:59 on Monday 12th July 2021 and will be valid for 3 days. Free bet stakes will not be included with any returns.

Using straightforward matched betting, we should be able to convert any free bet into 80% cash.

Therefore, if 5 goals are scored in the game, we should be able to get £4.00 cash from our £5.00 free bet. If we take into account our qualifying loss of £0.60, this gives us a potential profit of £3.40 on this GentingBet offer!

* The match was drawn 1-1 (after 90 minutes), resulting in a profit of £1.00 on this GentingBet offer. *

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Matt Kirman - Matched Betting Blogger

Matt KirmanMatched Betting Blogger

Since 2014, I’ve blogged over £60,000 worth of profit, and made it my mission to make matched betting accessible to everyone.