It’s Liverpool v West Ham in the Premier League on Saturday and Betfred are getting in on the action! Simply place a £10.00+ pre-match bet on Liverpool v West Ham and Betfred will give us a £5.00 free bet if Mo Salah scores. Translated into matched betting terms, this gives us a potential profit of £3.33 and here’s how…
Key Terms:
- Minimum stake of £10.00.
- Minimum odds of 1.50 (1/2).
- Applies to single bets placed on Liverpool v West Ham from 17:00 on Friday 30th October 2020 until 17:30 (kick-off) on Saturday 31st October 2020.
- We’ll receive a £5.00 free bet if Mo Salah scores.
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. Having looked at the odds available, we could place our qualifying bet on West Ham in the Match 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 stakes using my matched betting calculator…
As you can see, the calculator tells us that our lay stake should be £9.55…
Place £10.00 on West Ham @ 8.00 = Potential profit of £70.00
Lay £9.55 on West Ham @ 8.40 = Potential liability of £70.67
Outcomes:
Let’s have a look at our potential profit/loss for the possible outcomes…
| Outcome | Bookie | Exchange | Profit/Loss |
|---|---|---|---|
| West Ham win | + £70.00 | – £70.67 | £0.67 loss |
| West Ham don’t win | – £10.00 | + £9.35 | £0.65 loss |
So, regardless of the outcome, we’ll lose a maximum of £0.67 in qualifying for our potential free bet.
Free Bets:
We’ll receive a £5.00 free bet if Mo Salah scores. Free bets will be credited by 12:00 on Sunday 1st November 2020 and will be valid until 09:00 on Monday 2nd November 2020.
Using straightforward matched betting, we should be able to convert our free bet into 80% cash, so £4.00. If we take into account our maximum qualifying loss of £0.67, this gives us a potential profit of £3.33 on this Betfred offer!
* Liverpool won the match 2-1 and Salah scored, resulting in a profit of £3.35 on this Betfred 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.