Strictly Come Dancing 2020 Offer – Betfred

It’s the Strictly Come Dancing 2020 Final on Saturday night and Betfred are getting in on the action! Simply place a bet of £10.00 or more on the outright winner and Betfred will give us a £5.00 free bet to use on Sunday. Translated into matched betting terms, this gives us a guaranteed profit of £4.21 and here’s how…

Key Terms:

  • Minimum stake of £10.00.
  • Applies to bets placed on the Strictly Come Dancing 2020 – Outright market.
  • Applies to bets placed between 17:00 on Friday 18th December 2020 and 18:00 on Saturday 19th December 2020.

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. Having looked at the odds available, we could place our qualifying bet on HRVY to win.

Betfair works best for this offer

For this offer, Betfair’s larger userbase makes them the best option. More markets and greater liquidity mean your lay bets are matched more easily.

  • 2% commission for all new signups

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 £10.42…

Betfred logo

Place £10.00 on HRVY @ 2.75 = Potential profit of £17.50

Betfair logo

Lay £10.42 on HRVY @ 2.66 = Potential liability of £17.29

Outcomes:

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

OutcomeBetfredBetfairProfit/Loss
HRVY wins+ £17.50– £17.29£0.21 profit
HRVY doesn’t win– £10.00+ £10.21£0.21 profit

So, no matter the outcome, we’ll make a small profit of £0.21 in qualifying for £5.00 free bet.

Free Bet:

Our £5.00 free bet will be credited by 12:00 on Sunday 20th December 2020.

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 profit of £0.21, this gives us a guaranteed profit of £4.21 on this Betfred offer!

* HRVY failed to win the competition, resulting in a profit of £4.21 on this Betfred offer. *

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Matt Kirman - Matched Betting Blogger

Matt KirmanMatched Betting Blogger

Since 2014, I’ve blogged over £60,000 worth of profit, and made it my mission to make matched betting accessible to everyone.