It’s Portugal v France at Euro 2020 on Wednesday night and you don’t want to miss this Betway early payout offer! Simply bet up to £10.00 on Portugal or France to win the match and if our selected team scores first, Betway will pay us out as a winner, in cash, no matter the final result! Translated into matched betting terms, this gives us a potential profit of £37.12 and here’s how…
Key terms
- Applies to single bets placed on Portugal or France in the Win/Draw/Win market.
- Applies to bets placed before 20:00 (kick-off) on Wednesday 23rd June 2021.
- Maximum stake of £10.00.
- If our selected team scores first, Betway will pay our bet out in cash, within minutes.
Qualifying bet
If you’re unfamiliar with early payout offers, please see my Bet365 Early Payout (2UP) guide for a walkthrough of how they should be done.
At the time of writing, Portugal are available at back odds of 3.80 (14/5) and lay odds of 4.10. If Portugal score first, Betway will pay our bet out as a winner.
Either exchange works for this offer
Betfair and Smarkets are both great options for this offer. If you’ve not used one of them, now is a great time to give them a try.
- Money back as cash up to £20
- 0% commission for 60 days
We can calculate our lay stake using my Early Payout Calculator…
As you can see, the calculator tells us that we should lay £9.31 against Portugal…
Place £10.00 on Portugal @ 3.80 = Potential profit of £28.00
Lay £9.31 on Portugal @ 4.10 = Potential liability of £28.86
No early payout
Let’s have a look at our potential profit/loss if Portugal don’t score first…
So, worst case scenario, we’ll lose £0.88 in qualifying for this offer.
Early payout!
If Portugal score first, we need to select the early payout toggle (in the grey section) to tell the calculator that ‘The bookmaker has paid out early‘…
As you can see, our potential profit/loss is as follows, now that Betway have paid out early…
So, if we let things run and Portugal go on to win, we’ll still lose £0.86, but if Portugal lose or draw, we’ll make a profit of £37.12!
Lock in profit
If we decide to lock in a profit, we’ll need to enter the back odds for Portugal to win at Betfair. I’ll use back odds of 1.40 to illustrate how locking in a profit should work…
As you can see, the calculator tells us that we need to stake £27.27 on Portugal to win at Betfair.
Place £27.27 on Portugal @ 1.40 = Potential profit of £10.91
Now let’s have a look at our overall potential profit for the possible outcomes…
So, no matter the outcome, we would make a guaranteed profit of £10.04 on this Betway early payout offer!
If eligible, our cash winnings will be credited within minutes of the first goal being scored, but allow up to 24 hours.
* Portugal scored first and went on to draw the match 2-2, resulting in a profit of £37.12 on this Betway offer. *
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bettingbitz
33In relation to 2 Ups, on Betway I am promo banned, however do you think 2 ups would still pay out to a promo banned account as they are paying out early?
Matt
1490I doubt it as it’s still listed as a promotion but I wouldn’t like to say for certain.
Paulo
Guest userHello,
I’ve been banned from promotions from BoyleSports, paddy power and now betway. Have you got any advice for me for them to overturn it in the future?
Thanks
Matt
1490Sorry to hear that Paulo. I’ve heard the odd case of restrictions being lifted but they’re few and far between. The following article should help you protect your accounts in the future, though gubbings will happen from time to time…
https://matchedbettingblog.com/article/how-to-avoid-being-gubbed/