It’s Liverpool v Leeds in the Premier League on Saturday and you don’t want to miss this Bet365 free bet offer! Place a pre-match single bet on Liverpool v Leeds and Bet365 will give us a free bet equal to our largest pre-match bet, up to £50.00, to use in play. Translated into matched betting terms, this gives us a guaranteed profit of £34.61 and here’s how…

Key Terms:

  • This offer is invite only, available to customers who have received the promotional email, web message, text message, pop-up or mobile notification.
  • We must place our qualifying bet on Liverpool v Leeds before 17:30 (kick-off) on Saturday 12th September 2020.
  • We’ll receive a free bet equal to our largest pre-match stake, up to a maximum of £50.00.
  • The free bet will only become available once the match has kicked off.

Qualifying Bet:

If you’d like more information about qualifying bets and how they work, please see my Qualifying Bets Guide.

We should place our qualifying bet on either team to win as that will also qualify us for Bet365’s 2 Goals Ahead Early Payout Offer, where they’ll pay us out if our selected team goes two goals ahead, regardless of the final result. Early payout offers are well worth a look if you haven’t already!

Having looked at the odds available, we could place our qualifying bet on Liverpool in the Full Time Result market.

At the time of writing, laying our bet at Betfair gives us the smallest qualifying loss.

Betfair are currently offering new customers 0% commission up to £500 for the first 30 days.

Banner showing the zero commission sign up offer from Betfair

Banner showing the zero commission sign up offer from Betfair

If you’re an existing Betfair customer, you can opt in to pay just 2% commission by selecting their Basic reward plan.

For more information about My Betfair Rewards and how to opt in, please see my Betfair 2% Commission page.

We can calculate our lay stake using the ‘Qualifying Bet‘ setting on my matched betting calculator…

As you can see, the calculator tells us that our lay stake should be £48.08…

bet365 logo

Place £50.00 on Liverpool @ 1.25 = Potential profit of £12.50

Betfair logo

Lay £48.08 on Liverpool @ 1.32 = Potential liability of £15.38

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

Outcome Bookie Exchange Profit/Loss
Liverpool win +£12.50 -£15.38 £2.88 loss
Liverpool don’t win -£50.00 +£47.11 £2.89 loss

So, regardless of the outcome, we’ll lose a maximum of £2.89 in qualifying for our £50.00 free bet.

Free Bet:

Our £50.00 free bet will only become available once the match starts and must be used in play. Free bet stakes are not included in any returns.

If you’re unsure how to convert free bets into cash, check out my Free Bets Guide for a walk-through of how it should be done.

It’s impossible to know what odds will be available until the match has kicked off, but we should be aiming to convert our £50.00 free bet into around 75% cash, so £37.50.

I’ll use fictional odds for 2-1 Liverpool in the following example to give you an idea of how things should pan out.

We can calculate our lay stake using the ‘Free Bet‘ setting on my matched betting calculator…

As you can see, the calculator tells us that our lay stake should be £38.34…

bet365 logo

Place £50.00 on 2-1 Liverpool @ 8.50 = Potential profit of £375.00

Betfair logo

Lay £38.34 on 2-1 Liverpool @ 9.80 = Potential liability of £337.39

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

Outcome Bookie Exchange Profit/Loss
2-1 Liverpool +£375.00 -£337.39 £37.61 profit
Not 2-1 Liverpool -£50.00 free bet +£37.57 £37.57 profit

So, with some decent odds, we’ll extract around £37.50 cash from our £50.00 free bet.

If we take into account our maximum qualifying loss of £2.89, this gives us a guaranteed profit of £34.61 on this Bet365 offer!



Source link