The Lions face New Zealand in the deciding test of their Tour on Saturday morning and you don’t want to miss this BetStars offer! Simply place a pre-match bet of £20.00 on the Match Result market for New Zealand v British & Irish Lions and if the first scoring play is a Lions try, BetStars will give us a £20.00 free bet. Translated into matched betting terms, this gives us a potential profit of £15.67 and here’s how…
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.
We need to bet £20.00 pre-match on the Match Result market, to be eligible. If the first scoring play of the match is a Lions try, BetStars will give us a £20.00 free bet.
Having looked at the odds available, I’ve opted to place my qualifying bet on the British & Irish Lions.
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 stake using my matched betting calculator…
As you can see, the calculator tells us that our lay stake should be £20.08…
Place £20.00 on the Lions @ 5.00 = Potential profit of £80.00
Lay £20.08 on the Lions @ 5.00 = Potential liability of £80.32
Let’s have a look at our potential profit/loss for the possible outcomes…
| Lions win | + £80.00 – £80.32 = £0.32 loss |
| Lions don’t win | – £20.00 + £19.67 (£20.08 minus 2% commission) = £0.33 loss |
So, regardless of the outcome, we’ll lose a maximum of £0.33 in qualifying for our potential £20.00 free bet.
If the first scoring play is a Lions try, we’ll receive a £20.00 free bet. By using straightforward matched betting, we should be able to extract 80% cash from our free bet, so £16.00. If we take into account our maximum qualifying loss of £0.33, we stand to make a potential profit of £15.67 on this BetStars offer.
Risking £0.33 to make a profit of £15.67 gives us effective odds of 48.48. So, given that the odds are around 8.00 for a Lions try to be the first scoring play, this is a very profitable offer in the long run.
If eligible, free bets will be credited within 24 hours and will be valid for 7 days.
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Matt Kirman – Matched Betting Blogger
Since 2014, I’ve blogged over £100,000 worth of profit, and made it my mission to make matched betting accessible to everyone.