It’s David Gilbert v Kyren Wilson in the Masters snooker on Thursday afternoon and Betfred are getting in on the action! Simply place a £10.00+ bet on Gilbert v Wilson and Betfred will give us a £5.00 free bet to use on Bingham v Murphy. Translated into matched betting terms, this gives us a guaranteed profit of £3.93 and here’s how…
Key terms
- Applies to single bets on David Gilbert v Kyren Wilson, being played on Thursday 14th January 2021 (starts at 13:00).
- 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 Kyren Wilson in the Match Result market at back odds of 1.50 (1/2) and lay odds of 1.50.
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 £10.14…
Place £10.00 on Kyren Wilson @ 1.50 = Potential profit of £5.00
Lay £10.14 on Kyren Wilson @ 1.50 = Potential liability of £5.07
Outcomes
Let’s have a look at our potential profit/loss for the possible outcomes…
| Outcome | Betfred | Betfair | Profit/Loss |
|---|---|---|---|
| Wilson wins | + £5.00 | – £5.07 | £0.07 loss |
| Wilson loses | – £10.00 | + £9.93 | £0.07 loss |
So, no matter the outcome, we’ll lose £0.07 in qualifying for our £5.00 free bet.
Free bet
Our £5.00 free bet will be credited by 19:00 on Thursday 14th January 2021 and will be valid until 09:00 on Friday 15th January 2021. Although the promotion page suggests using the free bet on Bingham v Murphy (Thursday 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 qualifying loss of £0.07, this gives us a guaranteed profit of £3.93 on this Betfred offer!
* Gilbert beat Wilson 6-5, resulting in a profit of £3.93 on this Betfred offer. *
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Matt Kirman – Matched Betting Blogger
Since 2014, I’ve blogged over £90,000 worth of profit, and made it my mission to make matched betting accessible to everyone.