The Open Championship 2021 golf tees off on Thursday and NetBet are getting in on the action! Simply place a £10.00+ bet on the outright winner and NetBet will give us a £2.00 free bet for every shot they are under par in Round 1. Translated into matched betting terms, this gives us a potential profit of £5.35 and here’s how…
Key terms
- Applies to bets placed on the The Open Championship 2021 – Winner market.
- Applies to bets placed before the first tee (06:30) on Thursday 15th July 2021.
- Minimum stake of £10.00 (or £10.00 each way).
- £2.00 free bet for every shot our selected player is under par in Round 1.
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 which player you place your qualifying bet on.
At the time of writing, Justin Thomas is available at back odds of 21.00 (20/1) and lay odds of 23.00.
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 £9.14…
Place £10.00 on Justin Thomas @ 21.00 = Potential profit of £200.00
Lay £9.14 on Justin Thomas @ 23.00 = Potential liability of £201.08
Outcomes
Let’s have a look at our potential profit/loss for the possible outcomes…
| Outcome | NetBet | Betfair | Profit/Loss |
|---|---|---|---|
| Thomas wins | + £200.00 | – £201.08 | £1.08 loss |
| Another player wins | – £10.00 | + £8.95 | £1.05 loss |
So, no matter the outcome, we’ll lose a maximum of £1.08 in qualifying for our potential free bets.
Free bets
We’ll receive a £2.00 free bet for every shot Justin Thomas is under par in Round 1. Free bets will be credited within 24 hours and will be valid for 7 days on any sport. Free bet stakes will not be returned with any winnings.
If Justin Thomas finishes Round 1 on 4-under-par (-4), we’ll receive £8.00 in free bets. Using straightforward matched betting, we should be able to convert our free bets into 80% cash, so £6.40.
If we take into account our minimum qualifying loss of £1.05, this gives us a potential profit of £5.35 on this NetBet offer!
* Justin Thomas finished Round 1 on 2-over-par (+2) and Collin Morikawa won the tournament, resulting in a loss of £1.05 on this NetBet offer. *
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Matt Kirman – Matched Betting Blogger
Since 2014, I’ve blogged over £90,000 worth of profit, and made it my mission to make matched betting accessible to everyone.