Wigan v Salford Offer – Betfred

It’s Wigan v Salford in the Super League Play-Off Semi-Finals on Friday night and you don’t want to miss this Betfred ‘Bet £10, Get £5’ offer! Place a single bet of £10.00 or more on Wigan v Salford and Betfred will give us a £5.00 free bet to use on Saturday. Translated into matched betting terms, this gives us a guaranteed profit of £3.42 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 Wigan Warriors in the Match Winner (80 Minutes) 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…

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 £9.62…

Betfred logo

Place £10.00 on Wigan Warriors @ 1.50 = Potential profit of £5.00

Smarkets logo

Lay £9.62 on Wigan Warriors @ 1.58 = Potential liability of £5.57

Outcomes:

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

Outcome Bookie Exchange Profit/Loss
Wigan Warriors win +£5.00 -£5.57 £0.57 loss
Wigan Warriors don’t win -£10.00 +£9.42 £0.58 loss

So, regardless of the result, we’ll lose a maximum of £0.58 in qualifying for our £5.00 free bet.

Free Bet:

Our £5.00 free bet will be credited by 12:00 on Saturday 5th October 2019 and will be valid until 09:00 on Sunday 6th October 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 £0.58, this gives us a guaranteed profit of £3.42 on this Betfred offer!

* Salford won the match 28-4, resulting in a profit of £3.42 on this Betfred offer. *

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Matt Kirman - Matched Betting Blogger

Matt KirmanMatched Betting Blogger

Since 2014, I’ve blogged over £70,000 worth of profit, and made it my mission to make matched betting accessible to everyone.