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Leeds v Middlesbrough Offer – Betfred

It’s Leeds v Middlesbrough in the Championship on Friday night and you don’t want to miss this Betfred ‘Bet £10, Get £5’ offer! Place a single bet of at least £10.00 on any pre-match market for Leeds v Middlesbrough and Betfred will give us a £5.00 free bet to be used in play on the same match. Translated into matched betting terms, this gives us a guaranteed profit of £3.45 and here’s how…

Key Terms:

  • Minimum stake of £10.00+.
  • We must place our bet at odds of 1.50 (1/2) or greater.
  • Qualifying bets must be placed before 19:30 on Friday 31st August 2018.

Qualifying Bet:

If you’re unfamiliar with qualifying bets, please see my Qualifying Bet Strategy page for a walk-through guide on how it should be done.

Having looked at the odds available, we could place our qualifying bet on Leeds in the Match Result market.

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

We can calculate our lay stakes using my matched betting calculator…

Back Bet (Bookie)

%

Lay Bet (Betting Exchange)

%
Min £
Max £
Lay stake required: £
Bookie
Exchange
Cashback
Total
If back (bookie) bet wins
£
£
£
= £
If lay (exchange) bet wins
£
£
£
= £

Total profit: £

Optimal Underlay

Lay stake required: £
Exchange liability: £

If back (bookie) bet wins: £
If lay (exchange) bet wins: £

Optimal Overlay

Lay stake required: £
Exchange liability: £

If back (bookie) bet wins: £
If lay (exchange) bet wins: £

As you can see, the calculator tells us that our lay stake should be £9.65…

Betfred Logo

Place £10.00 on Leeds @ 2.20 = Potential profit of £12.00

Smarkets logo

Lay £9.65 on Leeds @ 2.30 = Potential liability of £12.54

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

Leeds win + £12.00 – £12.54 = £0.54 loss
Leeds don't win - £10.00 + £9.45 (£9.65 minus 2% commission) = £0.55 loss

So, regardless of the result of the match, we’ll lose a maximum of £0.55 in qualifying for our £5.00 free bet.

Free Bet:

Our £5.00 free bet should be credited by 20:00 on Friday 31st August 2018 and will be valid until 09:00 on Saturday 1st September 2018.

By using straightforward matched betting, we should be able to extract 80% cash from our £5.00 free bet, so £4.00. If we take into account our maximum qualifying loss of £0.55, this gives us a guaranteed profit of £3.45 on this Betfred offer!

Claim this offer
Click here to take advantage of this Betfred offer

The post Leeds v Middlesbrough Offer – Betfred appeared first on Matched Betting Blog.

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