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Selby v Wilson Offer – Betfred

It’s Mark Selby v Kyren Wilson in the 2021 Tour Championship on Wednesday and Betfred are getting in on the action! Simply place a £10.00+ pre-match bet on Selby v Wilson and Betfred will give us a £5.00 free bet if there are 3+ century breaks. Translated into matched betting terms, this gives us a potential profit of £3.37 and here’s how…

Key terms

  • Applies to single bets placed on Mark Selby v Kyren Wilson between 17:00 on Tuesday 23rd March 2021 and 13:00 (match starts) on Wednesday 24th March 2021.
  • Minimum stake of £10.00.
  • Minimum odds of 1.50 (1/2).
  • £5.00 free bet if there are 3+ century breaks (the match is best of 19 frames).

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 Mark Selby in the Match Result market at back odds of 1.615 (8/13). The lay odds are currently 1.71.

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.

  • 2% commission for all new signups
  • 0% commission for 60 days

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 £9.56…

Betfred logo

Place £10.00 on Mark Selby @ 1.615 = Potential profit of £6.15

Betfair logo

Lay £9.56 on Mark Selby @ 1.71 = Potential liability of £6.78

Outcomes

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

OutcomeBetfredBetfairProfit/Loss
Selby wins+ £6.15– £6.78£0.63 loss
Wilson wins– £10.00+ £9.36£0.64 loss

So, regardless of the outcome, we’ll lose a maximum of £0.64 in qualifying for our potential free bet.

Free bet

We’ll receive a £5.00 free bet if there are 3+ century breaks in the match. Free bets will be credited by 12:00 on Thursday 25th March 2021 and will be valid until 09:00 on Friday 26th March 2021.

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 minimum qualifying loss of £0.63, this gives us a potential profit of £3.37 on this Betfred offer!

Risking a potential loss of £0.64 to make a potential profit of £3.37 gives us effective odds of 6.27, which I’m sure you’ll agree makes this a profitable offer in the long run.

* Mark Selby won 10-3 with just one century break made in the match, resulting in a loss of £0.63 on this Betfred offer. *

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Matt Kirman - Matched Betting Blogger

Matt KirmanMatched Betting Blogger

Since 2014, I’ve blogged over £60,000 worth of profit, and made it my mission to make matched betting accessible to everyone.