England face Russia at Euro 2016 tonight and NetBet are getting in on the action! Simply opt-in to the promotion, bet £20.00 on England v Russia, and NetBet will give us a £10.00 free bet to be used on any Euro 2016 match. Translated into matched betting terms, this gives us a guaranteed profit of £7.10 and here’s how…
Qualifying Bet:
If you’re unfamiliar with qualifying bets, please see my Qualifying Bet Strategy page for a walk-through guide on how they should be done.
We must opt-in on the promotion page and place our qualifying bet before the game kicks off at 20:00 tonight (Saturday 11th June 2016) to be eligible for this offer.
Qualifying bets must be placed as a single bet at minimum odds of 1.60 (3/5) or greater.
It’s entirely up to you what you place your qualifying bet on. Having looked at the odds available, I’ve opted to place my qualifying bet on both teams to score.
I like to place my exchange lay bets with Smarkets as they have great liquidity, the site is really easy to use and they only charge 2% commission in comparison to the 5% charged by other betting exchanges.
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 £19.49…
Place £20.00 on ‘Both Teams to Score – YES’ @ 2.30 = Potential profit of £26.00
Lay £19.49 on ‘Both Teams Score – YES’ @ 2.38 = Potential profit of £26.90
Let’s have a look at our potential profit/loss for the possible outcomes…
| Both teams score | + £26.00 – £26.90 = £0.90 loss |
| Someone keeps a clean sheet | – £20.00 + £19.10 = £0.90 loss |
So, regardless of the result of the match, we will lose £0.90 in qualifying for our £10.00 free bet.
Free Bet:
Our £10.00 free bet will be credited within 48 hours and can be used on any Euro 2016 match within 10 days. Free bet stakes are not included in any returns.
By using straightforward matched betting, we should be able to extract 80% of our £10.00 free bet as cash, so around £8.00. If we take into account our qualifying loss of £0.90, this gives us a guaranteed profit of £7.10 on this NetBet 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.