Super Bowl 2020 Offer – Betfred

It’s Super Bowl 54 on Sunday night and Betfred are getting in on the action! Simply place a £10.00+ pre-match bet on San Francisco 49er or Kansas City Chiefs to win and Betfred will give us a £2.00 free bet for every touchdown they make. Translated into matched betting terms, this gives us a potential profit of £7.80 and here’s how…

Key Terms:

  • The minimum stake to qualify is £10.00.
  • Qualifying bets must be placed between 17:00 on Saturday 1st February 2020 and 23:30 (kick-off) on Sunday 2nd February 2020.
  • Our qualifying bet must be placed on San Francisco 49ers or Kansas City Chiefs in the Money Line market.
  • We’ll receive a £2.00 free bet for every touchdown our selected team makes in the match.

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.

It’s entirely up to you who you place your qualifying bet on. Having looked at the odds available, we could place our qualifying bet on Kansas City Chiefs.

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

Smarkets are currently offering £10.00 risk-free every week to both new and existing customers…

Banner showing the £10 Risk-Free Every Week offer from Smarkets

Banner showing the £10 Risk-Free Every Week offer from Smarkets

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 £10.00…

Betfred logo

Place £10.00 on Kansas City Chiefs @ 1.87 = Potential profit of £8.70

Smarkets logo

Lay £10.00 on Kansas City Chiefs @ 1.89 = Potential liability of £8.90

Outcomes:

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

Outcome Bookie Exchange Profit/Loss
Kansas City Chiefs win +£8.70 -£8.90 £0.20 loss
Kansas City Chiefs don’t win -£10.00 +£9.80 £0.20 loss

So, regardless of the outcome, we’ll lose £0.20 in qualifying for our potential free bets.

Free Bets:

We’ll receive a £2.00 free bet for every touchdown Kansas City Chiefs make in the match. Free bets will be credited by 12:00 on Monday 3rd February 2020 and will be valid until 09:00 on Friday 7th February 2020.

By using straightforward matched betting, we should be able to extract 80% cash from any free bet.

If Kansas City Chiefs make 5 touchdowns, we’ll receive £10.00 in free bets, from which we can extract £8.00 cash. If we take into account our qualifying loss of £0.20, this gives us a potential profit of £7.80 on this Betfred offer!

* Kansas City Chiefs made 4 touchdowns on their way to winning the Super Bowl 31-20, resulting in a profit of £6.20 on this Betfred offer. *

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Matt Kirman - Matched Betting Blogger

Matt KirmanMatched 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.