It’s Tottenham v Arsenal in the Premier League on Sunday and Betfred are getting in on the action! Simply place a £10.00+ pre-match bet on Tottenham v Arsenal and Betfred will give us a £5.00 free bet if both teams score to use on Brighton v Southampton. Translated into matched betting terms, this gives us a potential profit of £3.42 and here’s how…
Key Terms:
- Minimum stake of £10.00.
- Minimum odds of 1.50 (1/2).
- Applies to single bets placed on Tottenham v Arsenal from 17:00 on Saturday 5th December 2020 until 16:30 (kick-off) on Sunday 6th December 2020.
- £5.00 free bet if both teams score.
Qualifying Bet:
If you’d like more information about qualifying bets and how they work, please see my qualifying bets guide.
It’s entirely up to you what you place your qualifying bet on. Having looked at the odds available, we could place our qualifying bet on Tottenham in the Match Result market.
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
At the time of writing, laying our bet at Betfair gives us the smallest qualifying loss.
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 £9.62…
Place £10.00 on Tottenham @ 2.00 = Potential profit of £10.00
Lay £9.62 on Tottenham @ 2.10 = Potential liability of £10.58
Outcomes:
Let’s have a look at our potential profit/loss for the possible outcomes…
| Outcome | Betfred | Betfair | Profit/Loss |
|---|---|---|---|
| Tottenham win | + £10.00 | – £10.58 | £0.58 loss |
| Tottenham lose or draw | – £10.00 | + £9.42 | £0.58 loss |
So, regardless of the outcome, we’ll lose £0.58 in qualifying for our potential free bet.
Free Bet:
We’ll receive a £5.00 free bet if Tottenham and Arsenal both score. Free bets will be credited by 15:00 on Monday 7th December 2020 and will be valid until 09:00 on Tuesday 8th December 2020.
Using straightforward matched betting, we should be able to convert our free bet into 80% cash, so £4.00. If we take into account our qualifying loss of £0.58, this gives us a potential profit of £3.42 on this Betfred offer!
It’s worth noting that although the promotion page states that the free bet is to use on Brighton v Southampton, Betfred free bets can usually be placed on any sports market.
* Tottenham won the match 2-0, resulting in a loss of £0.58 on this Betfred offer. *
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Matt Kirman – Matched 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.