There’s a big day of racing at Doncaster on Friday and you don’t want to miss this Betfair ‘Bet £10, Get £5’ offer! Simply place a £10.00+ Exchange back bet on the 14:00 at Doncaster and Betfair will give us a £5.00 free bet to use on any of the remaining races on the Doncaster card. Translated into matched betting terms, this gives us a guaranteed profit of £3.52 and here’s how…
Key Terms:
- We must opt-in to this promotion to be eligible.
- The minimum stake to qualify is £10.00.
- We must place an Exchange back bet on the 14:00 at Doncaster on Friday 28th February 2020.
- £5.00 free bet must be used via mobile on any of the remaining races on the Doncaster card.
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.
If you’re paying 2% commission with Betfair’s Basic package, you won’t be eligible for this ‘Bet £10, Get £5’ Exchange offer.
We’ll need to lay our bet at another exchange.
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 Minella Examiner.
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 £9.72.
Aim to lose no more than £0.50 on our qualifying bet
Outcomes:
Let’s have a look at our potential profit/loss for the possible outcomes…
| Outcome | Betfair | Other Exchange | Profit/Loss |
|---|---|---|---|
| Minella Examiner wins | +£12.16 | -£12.63 | £0.47 loss |
| Minella Examiner doesn’t win | -£10.00 | +£9.52 | £0.48 loss |
So, regardless of the outcome, we’ll lose a maximum of £0.48 in qualifying for our £5.00 free bet.
Free Bet:
We’ll receive our £5.00 free bet upon settlement of our qualifying bet. The free bet must be used via mobile on any of the remaining races on the Doncaster card.
By using straightforward matched betting, we should be able to extract 80% cash from our £5.00 free bet, so £4.00. If we take into account our maximum qualifying loss of £0.48, this gives us a guaranteed profit of £3.52 on this Betfair Exchange offer!
* Minella Examiner failed to win the race, resulting in a profit of £3.52 on this Betfair Exchange 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.