Italy v Wales Offer – Grosvenor

It’s Italy v Wales at Euro 2020 on Sunday and Grosvenor are getting in on the action! Simply place a £10.00+ pre-match bet on Italy v Wales and Grosvenor will give us a £1.00 free bet for every goal scored in the match. Translated into matched betting terms, this gives us a potential profit of £3.63 and here’s how…

Key terms

  • Applies to bets placed on Italy v Wales before 17:00 (kick-off) on Sunday 20th June 2021.
  • Minimum stake of £10.00.
  • Minimum odds of 1.50 (1/2).
  • £1.00 free bet for every goal scored in the match.

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 Full Time market at back odds of 1.533 (8/15). The lay odds are currently 1.58.

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 £9.83…

Grosvenor logo

Place £10.00 on Italy @ 1.533 = Potential profit of £5.33

Betfair logo

Lay £9.83 on Italy @ 1.58 = Potential liability of £5.70

Outcomes

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

OutcomeGrosvenorBetfairProfit/Loss
Italy win+ £5.33– £5.70£0.37 loss
Italy lose or draw– £10.00+ £9.63£0.37 loss

So, no matter the outcome, we’ll lose £0.37 in qualifying for our potential free bets.

Free bets

We’ll receive a £1.00 free bet for every goal scored in the match. Free bets will be credited within 48 hours and will be valid for 7 days. Free bet stakes are not 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 £0.37, this gives us a potential profit of £3.63 on this Grosvenor offer!

Note: This offer is available on every match featuring England, Scotland and Wales throughout Euro 2020.

* Italy won the match 1-0, resulting in a profit of £0.43 on this Grosvenor 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.