It’s Man City v Chelsea in the Champions League Final on Saturday night and Betway are getting in on the action! Simply place a £5.00+ Bet Builder or Pre-Built bet on Man City v Chelsea and Betway will give us a £5.00 free bet to use on Euro 2020. Translated into matched betting terms, this gives us a guaranteed profit of £3.09 and here’s how…
Key terms
- Applies to single Bet Builder or Pre-Built bets placed on Man City v Chelsea.
- Applies to bets placed before 20:00 (kick-off) on Saturday 29th May 2021.
- Minimum stake of £5.00.
- Minimum odds of 3.00 (2/1).
Qualifying bet
It’s entirely up to you how you play this offer.
We could take a speculative approach and not lay our Bet Builder or Pre-Built bet. If our bet loses, we know that by using straightforward matched betting, we should be able to convert our £5.00 free bet into 80% cash, so £4.00. That means the most we can lose on this offer is £1.00 and we could make a nice profit.
If we lay our qualifying bet though, we can lock in a guaranteed profit.
So, looking at the Bet Builder selections available, we could place our qualifying bet on Draw / Both Teams to Score – Yes at back odds of 4.75 (15/4). The lay odds are currently 5.70.
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 my Matched Betting Calculator…
As you can see, the calculator tells us that our lay stake should be £4.18…
Place £5.00 on ‘Draw / Both Teams to Score – Yes’ @ 4.75 = Potential profit of £18.75
Lay £4.18 on ‘Draw/Yes’ @ 5.70 = Potential liability of £19.64
Outcomes
Let’s have a look at our potential profit/loss for the possible outcomes…
| Outcome | Betway | Betfair | Profit/Loss |
|---|---|---|---|
| Draw and both teams score | + £18.75 | – £19.64 | £0.89 loss |
| Any other outcome | – £5.00 | + £4.09 | £0.91 loss |
So, no matter the outcome, we’ll lose a maximum of £0.91 in qualifying for our £5.00 free bet.
Free bet
Our £5.00 free bet will be credited on Friday 11th June 2021, before 12:00 and will be valid for 7 days. Free bet stakes are not included in any returns.
Using straightforward matched betting, we should be able to convert our £5.00 free bet into 80% cash, so £4.00. If we take into account our maximum qualifying loss of £0.91, this gives us a guaranteed profit of £3.09 on this Betway offer!
* Chelsea won the match 1-0, resulting in a profit of £3.09 on this Betway offer. *
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Matt Kirman – Matched Betting Blogger
Since 2014, I’ve blogged over £85,000 worth of profit, and made it my mission to make matched betting accessible to everyone.