Super Bowl 2019 Offer – Betfred

It’s the Super Bowl 2019 on Sunday night and you don’t want to miss this Betfred ‘Bet £10, Get £5’ offer! Place a pre-match bet of £10.00 or more New England Patriots @ Los Angeles Rams and Betfred will give us a £5.00 free bet to be used in play on the same match. Translated into matched betting terms, this gives us a guaranteed profit of £3.74 and here’s how…

Key Terms:

  • We must place our bet pre-match at odds of 1.50 (1/2) or greater.
  • Minimum stake of £10.00.
  • Qualifying bets must be placed between 17:00 on Saturday 2nd February 2019 and 23:00 on Sunday 3rd February 2019.

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.

Having looked at the odds available, we could place our qualifying bet on New England Patriots in the Moneyline market.

At the time of writing, laying our bet at Smarkets gives us the smallest qualifying loss.

We can calculate our lay stakes using my matched betting calculator…

Back Bet (Bookie)

%

Lay Bet (Betting Exchange)

%

Min £
Max £
Lay stake required: £
Bookie
Exchange
Cashback
Total
If back (bookie) bet wins
£
£
£
= £
If lay (exchange) bet wins
£
£
£
= £
Total profit: £

Optimal Underlay

Lay stake required: £
Exchange liability: £

If back (bookie) bet wins: £
If lay (exchange) bet wins: £

Optimal Overlay

Lay stake required: £
Exchange liability: £

If back (bookie) bet wins: £
If lay (exchange) bet wins: £

As you can see, the calculator tells us that our lay stake should be £9.94…

Betfred logo

Place £10.00 on New England Patriots @ 1.80 = Potential profit of £8.00

Smarkets logo

Lay £9.94 on New England Patriots @ 1.83 = Potential liability of £8.25

Let’s have a look at our potential profit/loss for the possible outcomes…

Outcome Bookie Exchange Profit/Loss
New England Patriots win +£8.00 -£8.25 £0.25 loss
New England Patriots don’t win -£10.00 +£9.74 £0.26 loss

So, regardless of the outcome, we’ll lose a maximum of £0.26 in qualifying for our £5.00 free bet.

Free Bet:

Our £5.00 free bet should be credited by 23:45 on Sunday 3rd February 2019 and will be valid until 09:00 on Monday 4th February 2019.

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 £0.26, this gives us a guaranteed profit of £3.74 on this Betfred offer!

* New England Patriots won the Super Bowl 13-3, resulting in a profit of £3.75 on this Betfred offer. *

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Matt Kirman - Matched Betting Blogger

Matt KirmanMatched 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.