£35.02
Guaranteed Profit
£35.02
Actual Profit

Man City v Lyon Offer – Bet365


Posted by Matt (administrator) Matt
Start Time: 15/08/2020 20:00

It’s Man City v Lyon in the Champions League Quarter-Finals on Saturday night and you don’t want to miss this Bet365 free bet offer! Place a pre-match single bet on Man City v Lyon and Bet365 will give us a free bet equal to our largest pre-match bet, up to £50.00, to use in play. Translated into matched betting terms, this gives us a guaranteed profit of £35.02 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.
  • We must place our qualifying bet on Man City v Lyon before 20:00 (kick-off) on Saturday 15th August 2020.
  • We’ll receive a free bet equal to our largest pre-match stake, up to a maximum of £50.00.
  • The free bet will only become available once the match has kicked off.

Qualifying Bet:

If you’re unfamiliar with qualifying bets, please see my Qualifying Bet Strategy page for a walk-through guide on how it should be done.

We should place our qualifying bet on either team to win as that will also qualify us for Bet365’s 2 Goals Ahead Early Payout Offer, where they’ll pay us out if our selected team goes two goals ahead, regardless of the final result. Early payout offers are well worth a look if you haven’t already!

Having looked at the odds available, we could place our qualifying bet on Man City in the Full Time 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.

Banner showing the zero commission sign up offer from Betfair

Banner showing the zero commission sign up offer from Betfair

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 stake using the ‘Qualifying 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 £48.49…

bet365 logo

Place £50.00 on Man City @ 1.222 = Potential profit of £11.10

Betfair logo

Lay £48.49 on Man City @ 1.28 = Potential liability of £13.57

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

Outcome Bookie Exchange Profit/Loss
Man City win +£11.10 -£13.57 £2.47 loss
Man City don't win -£50.00 +£47.52 £2.48 loss

So, regardless of the outcome, we’ll lose a maximum of £2.48 in qualifying for our £50.00 free bet.

Free Bet:

Our £50.00 free bet will only become available once the match starts and must be used in play. Free bet stakes are not included in any returns.

If you’re unsure how to extract cash from a free bet, please see my Free Bet Strategy page for a walk-through guide on how it should be done.

It’s impossible to know what odds will be available until the match has kicked off, but we should be aiming to extract around £37.50 cash (75%) from our £50.00 free bet.

I’ll use fictional odds for 2-1 Man City in the following example to give you an idea of how things should pan out.

We can calculate our lay stake 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 £38.34…

bet365 logo

Place £50.00 on 2-1 Man City @ 8.50 = Potential profit of £375.00

Betfair logo

Lay £38.34 on 2-1 Man City @ 9.80 = Potential liability of £337.39

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

Outcome Bookie Exchange Profit/Loss
2-1 Man City +£375.00 -£337.39 £37.61 profit
Not 2-1 Man City -£50.00 free bet +£37.57 £37.57 profit

So, with some decent odds, we’ll extract around £37.50 cash from our £50.00 free bet.

If we take into account our maximum qualifying loss of £2.48, this gives us a guaranteed profit of £35.02 on this Bet365 offer!

* Lyon won the match 3-1, resulting in a profit of £35.02 on this Bet365 offer. *

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