It’s Man City v Newcastle in the Premier League on Saturday night, and Betfair are getting in on the action! Place an Exchange bet of up to £10.00 on ‘Both teams to Score – Yes’, and if your bet loses, your stake will be refunded as a free bet. Translated into matched betting terms, this gives you a profit of £3.21 and here’s how…
Key terms
Available to selected customers only.
You must opt in before you place your qualifying bet.
Place an Exchange bet of up to £10.00 on ‘Both teams to Score – Yes‘.
Applies to bets placed between 12:00 on Friday 18th August 2023, and 20:00 (kick-off) on Saturday 19th August 2023.
Applies to your first bet placed on the selected market only.
Applies to back bets only; lay bets do not qualify.
Money back as a free bet if your bet loses.
Betfair Rewards ‘Basic’ customers are excluded from this promotion.
If eligible, your free bet will be credited within 24 hours.
The free bet will be valid on any football exchange market for 7 days.
Qualifying bet
If your qualifying bet loses, Betfair will refund your stake as a free bet, so you can treat this as a Money Back if Bet Loses offer.
You can work out your lay stake using the ‘Money Back if Bet Loses‘ setting on my Matched Betting Calculator. You can enter ‘£8.00‘ as your ‘Cashback’ figure as that is the amount you can expect to convert your £10.00 free bet into, should your bet lose.
As you can see, the calculator tells you that your lay stake should be £5.21.
Place £10.00 on ‘Both teams to Score – Yes’ @ 1.76 = Potential profit of £7.22
Lay £5.21 on ‘Yes’ (Both teams to score) @ 1.77 = Potential liability of £4.01
Outcomes
Let’s look at your profit/loss for the possible outcomes.
OutcomeBetfairExchangeFree BetProfit/LossBoth teams score – Yes+ £7.22– £4.01£3.21 profitBoth teams score – No– £10.00+ £5.21+ £8.00£3.21 profit
So, no matter the outcome, you’ll profit £3.21 on this Betfair Exchange offer!
If you’re unsure how to convert your £10.00 free bet into £8.00 cash (80%), please see my Free Bets Guide for a walkthrough.
Get this offer at Betfair
More reload offers – Make £500+ per month
With detailed walkthroughs for all the best offers as they’re released, you’ll be bagging recurring profits in no time.
All reload offers
More reload offers
Never miss a big offer
Subscribe for offer updates, tips and tricks, big offer alerts and more.
