World Snooker Championship 2021 Offer – Betfred

The World Snooker Championship 2021 gets underway on Saturday and Betfred are getting in on the action! Simply bet £20.00+ on the outright winner and Betfred will give us a £2.00 free bet every time our selected player makes a century break. Translated into matched betting terms, this gives us a potential profit of £6.05 and here’s how…

Key terms

  • Applies to our first bet placed on the 2021 Betfred World Championship – Outright market.
  • Applies to bets placed between 12:00 on Thursday 15th April 2021 and 10:00 on Saturday 17th April 2021.
  • Minimum stake of £20.00 (or £10.00 each way).
  • £2.00 free bet every time our selected player makes a century break.

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 which player you place your qualifying bet on. Bear in mind that if your selected player makes it all the way to the final, your exchange funds will be tied up until Monday 3rd May 2021.

At the time of writing, Ronnie O’Sullivan is available at back odds of 5.50 (9/2) and lay odds of 6.00.

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 stake 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 £18.39

Betfred logo

Place £20.00 on Ronnie O’Sullivan @ 5.50 = Potential profit of £90.00

Betfair logo

Lay £18.39 on Ronnie O’Sullivan @ 6.00 = Potential liability of £91.95

Outcomes

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

OutcomeBetfredBetfairProfit/Loss
O’Sullivan wins+ £90.00– £91.95£1.95 loss
O’Sullivan doesn’t win– £20.00+ £18.02£1.98 loss

So, no matter the outcome, we’ll lose a maximum of £1.98 in qualifying for our potential free bets.

Free bets

We’ll receive a £2.00 free bet every time Ronnie O’Sullivan makes a century break during the tournament. A century break is where a player scores 100 points or more in a single visit to the table.

Free bets will be credited within 24 hours of our player making a century break and will be valid for 7 days. O’Sullivan made 12 century breaks on his way to winning last year’s World Championship, though the average amount of century breaks for a player that goes deep in the tournament is around the 5 mark.

If O’Sullivan makes 5 century breaks, we’ll receive £10.00 in free bets. Using straightforward matched betting, we should be able to convert our free bets into 80% cash, so £8.00. If we take into account our minimum qualifying loss of £1.95, this gives us a potential profit of £6.05 on this Betfred offer!

* Ronnie O’Sullivan made 5 century breaks before being knocked out in the second round, resulting in a profit of £6.02 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.