It’s Venezuela v Argentina in the Copa America Quarter-Finals on Friday and you don’t want to miss this Betway offer! Simply bet £5.00+ on Venezuela v Argentina and Betway will give us a £10.00 free bet if Messi scores in 90 minutes. Translated into matched betting terms, this gives us a potential profit of £7.45 and here’s how…
Key Terms:
- The minimum qualifying stake for this offer is £5.00.
- We must place our bet on Venezuela v Argentina, which kicks off at 20:00 on Friday 28th June 2019.
- Qualifying bets must be placed pre-match at odds of 3.00 (2/1) or greater.
Qualifying Bet:
If you’re unfamiliar with qualifying bets, please see my Qualifying Bet Strategy page for a walk-through guide on how it should be done.
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 a Draw in the Win/Draw/Win market.
At the time of writing, laying our bet at Smarkets gives us the smallest qualifying loss.
We can calculate our lay stake using my matched betting calculator…
As you can see, the calculator tells us that our lay stake should be £4.55…
Place £5.00 on a draw @ 3.80 = Potential profit of £14.00
Lay £4.55 on a draw @ 4.20 = Potential liability of £14.56
Outcomes:
Let’s have a look at our potential profit/loss for the possible outcomes…
| Outcome | Bookie | Exchange | Profit/Loss |
|---|---|---|---|
| Draw | +£14.00 | -£14.56 | £0.56 loss |
| Not a draw | -£5.00 | +£4.45 | £0.55 loss |
So, regardless of the outcome, we’ll lose a maximum of £0.56 in qualifying for our potential £10.00 free bet.
Free Bet:
If Messi scores in 90 minutes, our £10.00 free bet will be credited within 24 hours and will be valid for 7 days. Free bet stakes will not be included in any returns.
By using straightforward matched betting, we should be able to extract 80% cash from our £10.00 free bet, so £8.00. If we take into account our minimum qualifying loss of £0.55, this gives us a potential profit of £7.45 on this Betway offer!
* Argentina won the match 2-0, but Messi failed to score, resulting in a loss of £0.55 on this Betway offer. *
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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.