It’s England v Tonga in the Rugby World Cup on Sunday morning and you don’t want to miss this Betfred ‘Bet £10, Get £5’ offer! Place a single bet of £10.00 or more on England v Tonga and Betfred will give us a £5.00 free bet to use on Monday. Translated into matched betting terms, this gives us a guaranteed profit of £3.03 and here’s how…
Key Terms:
- Minimum stake of £10.00.
- Qualifying bets must be placed at odds of 1.50 (1/2) or greater.
- Offer applies to single bets only.
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.
Having looked at the odds available, we could place our qualifying bet on Tonga +40.5 in the Handicap -40.5 market.
At the time of writing, laying our bet at Smarkets gives us the smallest qualifying loss.
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 £9.22…
Place £10.00 on Tonga +40.5 @ 2.25 = Potential profit of £12.50
Lay £9.22 on Tonga +40.5 @ 2.46 = Potential liability of £13.46
Outcomes:
Let’s have a look at our potential profit/loss for the possible outcomes…
| Outcome | Bookie | Exchange | Profit/Loss |
|---|---|---|---|
| England don’t win by 41+ points | +£12.50 | -£13.46 | £0.96 loss |
| England win by 41+ points | -£10.00 | +£9.03 | £0.97 loss |
So, regardless of the result, we’ll lose a maximum of £0.97 in qualifying for our £5.00 free bet.
Free Bet:
Our £5.00 free bet will be credited by 12:00 on Monday 23rd September 2019 and will be valid until 09:00 on Tuesday 24th September 2019.
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 maximum qualifying loss of £0.97, this gives us a guaranteed profit of £3.03 on this Betfred offer!
* England won the match 35-3, resulting in a profit of £3.04 on this Betfred 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.