It’s Man City v Tottenham on Saturday and you don’t want to miss this Bet365 ‘Bet £50, Get £50’ offer! Place a pre-match single bet on Man City v Tottenham 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 £35.93 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 Tottenham before 17:30 (kick-off) on Saturday 17th August 2019.
- 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 Early Payout promotion, where they’ll pay us out if our selected team goes two goals ahead, regardless of the final result.
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 Smarkets gives us the smallest qualifying loss.
We can calculate our lay stake using the ‘Qualifying Bet‘ setting on my matched betting calculator…
As you can see, the calculator tells us that our lay stake should be £49.42…
Place £50.00 on Man City @ 1.364 = Potential profit of £18.20
Lay £49.42 on Man City @ 1.40 = Potential liability of £19.76
Let’s have a look at our potential profit/loss for the possible outcomes…
Outcome | Bookie | Exchange | Profit/Loss |
---|---|---|---|
Man City win | +£18.20 | -£19.76 | £1.56 loss |
Man City don’t win | -£50.00 | +£48.43 | £1.57 loss |
So, regardless of the outcome, we’ll lose a maximum of £1.57 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…
As you can see, the calculator tells us that our lay stake should be £38.34…
Place £50.00 on 2-1 Man City @ 8.50 = Potential profit of £375.00
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 | -£0.00 | +£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 £1.57, this gives us a guaranteed profit of £35.93 on this Bet365 offer!
* The match was drawn 2-2, resulting in a profit of £35.93 on this Bet365 offer. *
More reload offers – Make £300+ per month
With detailed walkthroughs for all the best offers as they’re released, you’ll be bagging recurring profits in no time.
More reload offers
Nick
Guest userNot sure if it’s for everyone, but BetStars have given me a £5 free bet to use.
Got an email yesterday.
Matt
1490Thanks for posting Nick.
Andy
Guest userI am a bet365 customer but didn’t get this invite. Anything that people can do to help be included in these emails? I am already signed up to receive emails from bet365.
Many Thanks
Carling_Mascot
20I don’t get an email but when I sign in there is a pop up advising me the offer is available
Liam
Guest userSame here, I never get an invitation or a notification for this offer. Any pointers?
Carling_Mascot
20I only do the offers posted on here, such as the odd ITV 4/1 offer on big race meets. I expect a gubbing anytime soon!
Nick
Guest userJust to confirm … if Man City go 2-0 up can I just cash out on Smarkets?
Matt
1490You can Nick, but the odds would be so short on a Man City win that you wouldn’t be locking in much extra profit.
It may be better to let it run and hope Tottenham fight back and get a result for a big payout.
Nick
Guest userGreat tip. Thanks.
Paul
Guest userDid anyone get the 2up return with Man City?
Matt
1490Man City didn’t go two goals up Paul.