£7.08
Potential Profit
£0.00
Actual Profit

Premier League Free Bet Offer – Bethard


Posted by Matt (administrator) Matt
Start Time: 05/12/2018 19:45

There’s a big Wednesday night of Premier League football to look forward to and Bethard are getting in on the action! Simply bet £10.00+ on any First, Last or Anytime Goalscorer for any of Wednesday’s Premier League matches and if it wins, Bethard will give us a £10.00 free bet on top of our winnings. Translated into matched betting terms, this gives us a potential profit of £7.08 and here’s how…

Ultimate Sports Quiz - Bethard

This offer can found behind number 05 of Bethard’s Ultimate Sports Quiz.

Today’s question is ‘Who won the Men’s Singles at Wimbledon in 1985 at the age of just 17?

The correct answer is ‘Boris Becker‘.

Key Terms:

  • We must place a First, Last or Anytime Goalscorer bet at odds of 3.00 (2/1) or greater.
  • Our qualifying bet must be placed pre-match on any Premier League match being played on Wednesday 5th December 2018.
  • The minimum stake is £10.00.

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.

It’s entirely up to you what you place your qualifying bet on. At the time of writing, the lay odds aren’t quite tight enough, so I’ll use fictional lay odds for Jesse Lingard to score anytime (5/2) for Man Utd against Arsenal, in the following example and I’ll update the bottom of the post with an actual selection after the evening’s matches.

Laying our bet at Smarkets is likely to give us the smallest qualifying loss.

We can calculate our lay stakes using my matched betting calculator…

Back Bet (Bookie)

%

Lay Bet (Betting Exchange)

%

Min £
Max £
Lay stake required: £
Bookie
Exchange
Cashback
Total
If back (bookie) bet wins
£
£
£
= £
If lay (exchange) bet wins
£
£
£
= £

Total profit: £

Optimal Underlay

Lay stake required: £
Exchange liability: £

If back (bookie) bet wins: £
If lay (exchange) bet wins: £

Optimal Overlay

Lay stake required: £
Exchange liability: £

If back (bookie) bet wins: £
If lay (exchange) bet wins: £

As you can see, the calculator tells us that our lay stake should be £9.26…

Bethard logo

Place £10.00 on Jesse Lingard @ 3.50 = Potential profit of £25.00

Smarkets logo

Lay £9.26 on Jesse Lingard @ 3.80 = Potential liability of £25.92

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

Lingard scores + £25.00 – £25.92 + £8.00 (extract 80% from £10.00 free bet) = £7.08 profit
Lingard doesn't score - £10.00 + £9.07 (£9.26 minus 2% commission) = £0.93 loss

So, if Jesse Lingard scores, we’ll have made a profit of £7.08. If Jesse Lingard doesn’t score, we’ll have made a loss of £0.93. Risking £0.93 to make a profit of £7.08 gives us effective odds of 8.61. So, given that Jesse Lingard is odds of just 3.50 (5/2) to score anytime, this a profitable offer in the long run.

If eligible, our £10.00 free bet will be credited by 15:00 on Thursday 6th December 2018. The free bet is wager free and winnings are paid out in cash, which means we can treat it as a standard free bet.

If you’re not sure how to extract 80% cash from a free bet, please see my Free Bet Strategy page for a walk-through guide on how it should be done.

* I was unable to find a suitable qualifying bet, so I decided to give this offer a miss. *

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