It’s Stuart Bingham v Thepchaiya Un-Nooh in the Masters snooker on Monday afternoon and Betfred are getting in on the action! Simply place a £10.00+ bet on Bingham v Un-Nooh and Betfred will give us a £5.00 free bet to use on Murphy v Williams. Translated into matched betting terms, this gives us a guaranteed profit of £3.59 and here’s how…
Key terms
- Applies to single bets on Stuart Bingham v Thepchaiya Un-Nooh, being played on Monday 11th January 2021.
- Minimum stake of £10.00.
- Minimum odds of 1.50 (1/2).
Qualifying bet
If you’d like more information about qualifying bets and how they work, please see my qualifying bets guide.
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 Thepchaiya Un-Nooh in the Match Result market at back odds of 2.625 (13/8) and lay odds of 2.70.
Either exchange works for this offer
Betfair and Smarkets are both great options for this offer. If you’ve not used one of them, now is a great time to give them a try.
- Money back as cash up to £20
- 0% commission for 60 days
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 £9.79…
Place £10.00 on Thepchaiya Un-Nooh @ 2.625 = Potential profit of £16.25
Lay £9.79 on Thepchaiya Un-Nooh @ 2.70 = Potential liability of £16.64
Outcomes
Let’s have a look at our potential profit/loss for the possible outcomes…
| Outcome | Betfred | Betfair | Profit/Loss |
|---|---|---|---|
| Un-Nooh wins | + £16.25 | – £16.64 | £0.39 loss |
| Un-Nooh loses | – £10.00 | + £9.59 | £0.41 loss |
So, no matter the outcome, we’ll lose a maximum of £0.41 in qualifying for our £5.00 free bet.
Free bet
Our £5.00 free bet will be credited by 19:00 on Monday 11th January 2021 and will be valid until 09:00 on Tuesday 12th January 2021. Although the promotion page suggests using the free bet on Murphy v Williams (Monday 19:00), Betfred free bets can usually be used on any sports market.
Using straightforward matched betting, we should be able to convert our free bet into 80% cash, so £4.00. If we take into account our maximum qualifying loss of £0.41, this gives us a guaranteed profit of £3.59 on this Betfred offer!
* Stuart Bingham beat Thepchaiya Un-Nooh 6-4, resulting in a profit of £3.59 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.