It’s the Champions League Final in Cardiff tonight and you don’t want to miss this NetBet offer! Place a single in play bet on Juventus v Real Madrid and if our bet loses, NetBet will refund 50% of our stake as a free bet, up to £25.00. Translated into matched betting terms, this gives us a guaranteed profit of £10.56 and here’s how…
Qualifying Bet:
We must opt in on the promotion page to be eligible.
If you’re not sure how to extract a profit from risk-free bets, please have a read of my Risk-Free Bet Strategy page for more info.
Qualifying bets must be placed in play. If our in play bet loses, NetBet will refund 50% of our stake as a free bet, up to £25.00. Therefore, in order to claim the maximum £25.00 free bet, we need to bet £50.00.
We may want to place our qualifying in play bet at half-time. This is simply because the odds don’t fluctuate as much as when the game is live. There’s nothing worse than placing a back bet on a market and then something happens in the game that changes the odds before you have chance to get your lay bet on! Depending on the half-time score, I would have a look at the Match Odds market and if those are too short, I would then have a look at the Correct Score market.
It’s impossible to know what odds will be available until the game is live, but the following example will give you an idea of how things might pan out.
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 use the ‘Risk-Free Bet’ setting on my matched betting calculator to work out our correct lay stake. We can enter £20.00 as our ‘Cashback’ figure, as that is the amount we can expect to extract from a £25.00 free bet…
As you can see, the calculator tells us that our lay stake should be £41.40…
Place £50.00 on Juventus @ 2.95 = Potential profit of £97.50
Lay £41.40 on Juventus @ 3.10 = Potential liability of £86.94
Let’s have a look at our potential profit/loss for the possible outcomes…
| Juventus win | + £97.50 – £86.94 = £10.56 profit |
| Juventus don’t win | – £50.00 + £40.57 + £20.00 (extract 80% from £25.00 free bet) = £10.57 profit |
So, regardless of the result of the match, we’ll make a guaranteed profit of £10.56 on this NetBet offer!
If eligible, free bets will be credited on Sunday 4th June 2017. Free bets will be valid for 7 days and free bet stakes are not included in any returns.
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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.