It’s Man City v Newcastle within the Premier League on Saturday night time, and Betfair are getting in on the motion! Place an Exchange wager of as much as £10.00 on ‘Both teams to Score – Yes’, and in case your wager loses, your stake will likely be refunded as a free wager. Translated into matched betting phrases, this provides you a revenue of £3.21 and right here’s how…
Key phrases
- Available to chosen clients solely.
- You should decide in earlier than you place your qualifying wager.
- Place an Exchange wager of as much as £10.00 on ‘Both groups to Score – Yes‘.
- Applies to bets positioned between 12:00 on Friday 18th August 2023, and 20:00 (kick-off) on Saturday nineteenth August 2023.
- Applies to your first wager positioned on the chosen market solely.
- Applies to again bets solely; lay bets don’t qualify.
- Money again as a free wager in case your wager loses.
- Betfair Rewards ‘Basic’ clients are excluded from this promotion.
- If eligible, your free wager will likely be credited inside 24 hours.
- The free wager will likely be legitimate on any soccer trade marketplace for 7 days.
Qualifying wager
If your qualifying wager loses, Betfair will refund your stake as a free wager, so you possibly can deal with this as a Money Back if Bet Loses provide.
You can work out your lay stake utilizing the ‘Money Back if Bet Loses‘ setting on my Matched Betting Calculator. You can enter ‘£8.00‘ as your ‘Cashback’ determine as that’s the quantity you possibly can anticipate to transform your £10.00 free wager into, ought to your wager lose.
As you possibly can see, the calculator tells you that your lay stake needs to be £5.21.
Place £10.00 on ‘Both teams to Score – Yes’ @ 1.76 = Potential revenue of £7.22
Lay £5.21 on ‘Yes’ (Both groups to attain) @ 1.77 = Potential legal responsibility of £4.01
Outcomes
Let’s have a look at your revenue/loss for the doable outcomes.
So, regardless of the result, you’ll revenue £3.21 on this Betfair Exchange provide!
If you’re not sure methods to convert your £10.00 free wager into £8.00 money (80%), please see my Free Bets Guide for a walkthrough.
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