It’s France v Germany at Euro 2020 on Tuesday night and Betfred are getting in on the action! Simply place a £10.00+ pre-match bet on France v Germany and Betfred will give us a £5.00 free bet if there are over 2.5 goals in the match. Translated into matched betting terms, this gives us a potential profit of £3.46 and here’s how…
- Applies to single bets placed on France v Germany from 17:00 on Monday 14th June 2021 until 20:00 (kick-off) on Tuesday 15th June 2021.
- Minimum stake of £10.00.
- Minimum odds of 1.50 (1/2).
- £5.00 free bet if there are over 2.5 goals in the match.
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.
At the time of writing, France are available in the Match Result market at back odds of 2.70 (17/10). The lay odds are currently 2.82.
We can calculate our lay stakes using my Matched Betting Calculator…
As you can see, the calculator tells us that our lay stake should be £9.64…
Place £10.00 on France @ 2.70 = Potential profit of £17.00
Lay £9.64 on France @ 2.82 = Potential liability of £17.54
Let’s have a look at our potential profit/loss for the possible outcomes…
So, regardless of the outcome, we’ll lose a maximum of £0.56 in qualifying for our potential free bet.
We’ll receive a £5.00 free bet if there are over 2.5 goals in the match. Free bets will be credited by 12:00 on Wednesday 16th June 2021 and will be valid until 09:00 on Thursday 17th June 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 £0.54, this gives us a potential profit of £3.46 on this Betfred offer!
Risking a potential loss of £0.56 to make a potential profit of £3.46 gives us effective odds of 7.81. So, given that the odds are just 2.10 (11/10) for there to be over 2.5 goals, this is a profitable offer in the long run.