It’s England v Hungary on Tuesday night and Novibet are getting in on the action! Place a £20.00+ pre-match Bet Builder on England v Hungary and Novibet will give us a £10.00 free bet. Translated into matched betting terms, this gives us a guaranteed profit of £3.73 and here’s how…
- Applies to pre-match Bet Builder bets (3+ selections) on England v Hungary (Kick-off: 19:45 on Tuesday 12th October 2021).
- Minimum stake of £20.00.
- Minimum combined odds of 3.00 (2/1).
If you’d like more information about qualifying bets and how they work, please see my qualifying bets guide.
We need to build a bet that we can lay at the betting exchanges.
At the time of writing, we can place our qualifying bet on England (Full Time Result) / Under 1.5 (Goals Over/Under) / No (Both teams to score) at back odds of 6.25. The lay odds are currently 7.80.
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 £16.07…
Place £20.00 on ‘England / Under 1.5 / No’ @ 6.25 = Potential profit of £105.00
Lay £16.07 on 1-0 (England) @ 7.80 = Potential liability of £109.27
Let’s have a look at our profit/loss for the two potential outcomes…
So, no matter the outcome, we’ll lose a maximum of £4.27 in qualifying for our £10.00 free bet.
Our £10.00 free bet will be credited within 24 hours of our qualifying bet being settled and will be valid for 7 days. Free bet stakes are not included in any returns.
Using straightforward matched betting, we should be able to convert our free bet into 80% cash, so £8.00. If we take into account our maximum qualifying loss of £4.27, this gives us a guaranteed profit of £3.73 on this Novibet offer!