NEW CUSTOMER OFFER: Bet Butler £100.00 Free Bet

A fantastic new customer offer from Bet Butler.  Bet on the Champions League games Tues 25th – Weds 26th & get 50% of your total stakes returned as a free bet up to £100.00 for the return legs! You can have one bet of £200.00 or 200 bets of £1.00 or anything in between!  Translated into matched betting terms, this gives you a guaranteed minimum profit of £53.81. And here’s how…

The terms and conditions state that you must opt in before 19:00 hours on Wednesday 26th February 2014 to be eligible for this offer.  Your qualifying bet must be at minimum odds of 1.50 on the Win / Draw / Win market.  With this in mind and having looked at the odds on offer, you should be looking at Galatasaray v Chelsea being drawn.

 

Step 1:

Place £200.00 on the draw @ Bet Butler @ 3.20 = Potential profit of £440.00.

Lay £188.24 on the draw @ Betfair @ 3.45 = Potential liability of £461.19.

Step 2:

 

Let’s have a look at our current potential profit/loss for the two outcomes…

 

Draw £440.00 – £461.19 = £21.19 loss
Not drawn -£200.00 + £178.83 = £21.17 loss

 

So regardless of the result, you will lose a maximum of £21.19 in order to claim the £100.00 free bet.

 

Step 3:

 

Free bets will be credited by 16:00 hours on Monday 17th March 2014 and must be placed on the Champions second leg matches.  By using straightforward matched betting, you should be able to extract at least 75% of the £100.00 free bet, so approximately £75.00. If we take into consideration your initial maximum loss of £21.19, you should make a minimum profit of £53.81 on this offer.

Oh and did I mention that you are still eligible for their standard £25.00 welcome bonus?  Happy days!

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Matt Kirman - Matched Betting Blogger

Matt KirmanMatched 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.