It’s Man City v Lyon in the Champions League on Wednesday and you don’t want to miss this risk-free bet offer from Bethard! Simply place a pre-match bet on Man City v Lyon, followed by an in play bet of the same value. If our first in play bet loses, Bethard will refund our stake as a bonus, up to £30.00. Translated into matched betting terms, this gives us a guaranteed profit of £14.12 and here’s how…
Key Terms:
- Our qualifying bet must be placed pre-match (kick-off: 20:00 on Wednesday 19th September 2018) at odds of 1.50 (1/2) or greater.
- The minimum stake and maximum refund are £5.00 and £30.00 respectively.
- If our first in play bet loses, Bethard will refund our stake as a bonus, up to a maximum of £30.00.
Qualifying Bet:
If you’re unsure about how to place qualifying bets, check out my Qualifying Bet Strategy page for a walk-through guide on how it should be done.
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 a Draw in the ‘1X2 Full-Time‘ market.
At the time of writing, laying our bet at Smarkets gives us the smallest qualifying loss.
We can calculate our lay stake using the matched betting calculator…
As you can see, the calculator tells us that our lay stake should be £29.72…
Place £30.00 on a draw @ 8.50 = Potential profit of £225.00
Lay £29.72 on a draw @ 8.60 = Potential liability of £225.87
Let’s have a look at our potential profit/loss for the possible outcomes…
Draw | + £225.00 – £225.87 = £0.87 loss |
Not a draw | – £30.00 + £29.12 (£29.72 minus 2% commission) = £0.88 loss |
So, regardless of the outcome, we’ll lose a maximum of £0.88 on our pre-match qualifying bet.
Risk-Free Bet:
Once the match has kicked off, we need to place an in play bet of the same value as our pre-match qualifying bet.
If our first in play bet loses, Bethard will refund our stake as a bonus, up to a maximum of £30.00, so this can be treated as any other risk-free bet.
We should be able to extract around 50% cash from the £30.00 risk-free bet, so £15.00. If we take our maximum qualifying loss of £0.88 into account, this gives us a guaranteed profit of £14.12 on this Bethard offer!
If our in play selection loses, our bonus will be credited by 15:00 on Thursday 20th September 2018.
* Lyon won the match 2-1, resulting in a profit of £14.12 on this Bethard offer. *
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Matt Kirman – Matched Betting Blogger
Since 2014, I’ve blogged over £70,000 worth of profit, and made it my mission to make matched betting accessible to everyone.