It’s West Ham v Leicester in the Premier League on Monday night and Betfred are getting in on the action! Simply place a £10.00+ pre-match bet on West Ham v Leicester and Betfred will give us a £5.00 free bet if there are over 2.5 goals in the match. Translated into matched betting terms, this gives us a potential profit of £3.65 and here’s how…
Key terms
- Applies to single bets placed on West Ham v Leicester from 17:00 on Sunday 22nd August 2021 until 20:00 (kick-off) on Monday 23rd August 2021.
- Minimum stake of £10.00.
- Minimum odds of 1.50 (1/2).
- £5.00 free bet if there are over 2.5 goals in the match.
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.
At the time of writing, West Ham are available in the Match Result market at back odds of 2.60 (8/5). The lay odds are currently 2.66.
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 stakes using my Matched Betting Calculator…
As you can see, the calculator tells us that our lay stake should be £9.85…
Place £10.00 on West Ham @ 2.60 = Potential profit of £16.00
Lay £9.85 on West Ham @ 2.66 = Potential liability of £16.35
Outcomes
Let’s have a look at our potential profit/loss for the possible outcomes…
| Outcome | Betfred | Betfair | Profit/Loss |
|---|---|---|---|
| West Ham win | + £16.00 | – £16.35 | £0.35 loss |
| West Ham lose or draw | – £10.00 | + £9.65 | £0.35 loss |
So, no matter the outcome, we’ll lose £0.35 in qualifying for our potential free bet.
Free bet
We’ll receive a £5.00 free bet if there are over 2.5 goals in the match. Free bets will be credited by 12:00 on Tuesday 24th August 2021 and will be valid until 09:00 on Wednesday 25th August 2021.
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 £0.35, this gives us a potential profit of £3.65 on this Betfred offer!
Risking a potential loss of £0.35 to make a potential profit of £3.65 gives us effective odds of 11.43. So, given that the odds are just 1.80 (4/5) for there to be over 2.5 goals, this is a profitable offer in the long run.
* West Ham won the match 4-1, resulting in a profit of £3.65 on this Betfred offer. *
More reload offers – Make £300+ per month
With detailed walkthroughs for all the best offers as they’re released, you’ll be bagging recurring profits in no time.
More reload offers
Got a question?
Leave me a comment below…
I usually respond within 24 hours.
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.