It’s Week 2 of the 6 Nations 2017 and Betfred are getting in on the action! Place an in play bet of £10.00+ on both Italy v Ireland and Wales v England today and Betfred will give us a £10.00 free bet to use on France v Scotland on Sunday. Translated into matched betting terms, this gives us a guaranteed profit of £6.00 and here’s how…
Qualifying Bets:
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.
To qualify for the £10.00 free bet, we must place an in play bet of £10.00+ on both Italy v Ireland (14:25) and Wales v England (16:50) today (Saturday 11th February 2017).
It’s entirely up to you what you place your qualifying bets on, as long as you place them in play at the minimum odds of 1.50 (1/2) or greater. It may be worth placing our qualifying bets at half-time when the odds are fairly stable, as it reduces the risk of the odds fluctuating unfavourably whilst we are trying to get our lay bets on.
I like to place my exchange lay bets with Smarkets as they have great liquidity, the site is really easy to use and they only charge 2% commission in comparison to the 5% charged by other betting exchanges.
We can calculate our lay stakes using the matched betting calculator.
Aim to lose no more than £1.50 on our qualifying bets
Free Bet:
Our £10.00 free bet will be credited by 14:00 on Sunday 12th February 2017 and will be valid until 09:00 on Monday 13th February 2017.
By using straightforward matched betting, we should be able to extract at least 75% of the £10.00 free bet as cash, so around £7.50. If we take into consideration our qualifying loss of £1.50, we should make a guaranteed profit of £6.00 on this Betfred offer!
Extracting profit from our free bet can be a little tricky when betting in play. It may be worth waiting until half-time, as the odds don’t fluctuate as much as when the game is live. If you place your free bet and then something happens in the game that changes the lay odds, it will affect your profit one way or the other.
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Matt Kirman – Matched 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.