It’s England v Ireland at Twickenham on Sunday and BetStars are getting in on the action! Simply place a £5.00+ pre-match bet on England v Ireland and BetStars will give us a £5.00 free bet if a drop goal is scored in the match. Translated into matched betting terms, this gives us a potential profit of £3.53 and here’s how…
Key Terms:
- The minimum stake to qualify is £5.00.
- Our qualifying bet must be placed any pre-match market at odds of 1.50 (1/2) or greater.
- We’ll receive a £5.00 free bet if a drop goal is scored.
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 what you place your qualifying bet on. Having looked at the odds available, we could place our qualifying bet on Ireland in the Match Result market.
At the time of writing, laying our bet at Betfair gives us the smallest qualifying loss.
Betfair are currently offering new customers 0% commission up to £500 for the first 30 days.
If you’re an existing Betfair customer, you can opt in to pay just 2% commission by selecting their Basic reward plan.
For more information about My Betfair Rewards and how to opt in, please see my Betfair 2% Commission page.
We can calculate our lay stakes using my matched betting calculator…
As you can see, the calculator tells us that our lay stake should be £4.62…
Place £5.00 on Ireland @ 3.40 = Potential profit of £12.00
Lay £4.62 on Ireland @ 3.70 = Potential liability of £12.47
Outcomes:
Let’s have a look at our potential profit/loss for the possible outcomes…
| Outcome | Bookie | Exchange | Profit/Loss |
|---|---|---|---|
| Ireland win | +£12.00 | -£12.47 | £0.47 loss |
| Ireland don’t win | -£5.00 | +£4.52 | £0.48 loss |
So, regardless of the outcome, we’ll lose a maximum of £0.48 in qualifying for our potential free bet.
Free Bet:
If a drop goal is scored, we’ll receive a £5.00 free bet within 48 hours of the match finishing. Free bets will be valid for 7 days and free bet stakes are not included in any returns.
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 minimum qualifying loss of £0.47, this gives us a potential profit of £3.53 on this BetStars offer!
* England won the match 24-12 and there were no drop goals scored, resulting in a loss of £0.48 on this BetStars offer. *
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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.