It’s Man Utd v Man City at Old Trafford on Wednesday and you don’t want to miss this Betfred ‘Bet £10, Get £5’ offer! Place a bet of £10.00 or more on Man Utd v Man City and Betfred will give us a £5.00 free bet to use on football. Translated into matched betting terms, this gives us a guaranteed profit of £3.80 and here’s how…
Key Terms:
- Minimum stake of £10.00.
- We must place our single bet at odds of 1.50 (1/2) or greater.
- Applies to bets placed from 17:00 on Tuesday 23rd April 2019.
- Qualifying bets can be placed pre-match or in play.
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.
Having looked at the odds available, we could place our qualifying bet on Man City in the Match Result market.
At the time of writing, laying our bet at Smarkets gives us the smallest qualifying loss.
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 £10.00…
Place £10.00 on Man City @ 1.50 = Potential profit of £5.00
Lay £10.00 on Man City @ 1.52 = Potential liability of £5.20
Let’s have a look at our potential profit/loss for the possible outcomes…
| Outcome | Bookie | Exchange | Profit/Loss |
|---|---|---|---|
| Man City win | +£5.00 | -£5.20 | £0.20 loss |
| Man City don’t win | -£10.00 | +£9.80 | £0.20 loss |
So, regardless of the result, we’ll lose £0.20 in qualifying for our £5.00 free bet.
Free Bet:
Our £5.00 free bet will be credited by 12:00 on Thursday 25th April 2019 and will be valid for 7 days.
By using straightforward matched betting, we should be able to extract 80% cash from our £5.00 free bet, so £4.00. If we take into account our qualifying loss of £0.20, this gives us a guaranteed profit of £3.80 on this Betfred offer!
* Man City won the match 2-0, resulting in a profit of £3.80 on this Betfred 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.