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Premier League Offer – Betfair Exchange

There’s a big Saturday of Premier League football to look forward to and Betfair are getting in on the action! Simply place a £20.00+ Exchange back bet on any Saturday Premier League match and Betfair will give us a £10.00 free bet towards a lay bet on Burnley v Arsenal on Sunday. Translated into matched betting terms, this gives us a guaranteed profit of £4.05 and here’s how…

Banner showing the Premier League 'Bet £20, Get £10' Betfair Exchange offer

Key Terms:

  • We must opt-in to this promotion to be eligible.
  • The minimum stake to qualify is £20.00.
  • We must place an Exchange back bet on any Premier League match on Saturday 1st February 2020.
  • £10.00 free bet must be used via mobile towards a lay bet on the Match Odds market of Burnley v Arsenal.

Qualifying Bet:

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

If you’re paying 2% commission with Betfair’s Basic package, you won’t be eligible for this ‘Bet £20, Get £10’ Exchange offer.

We’ll need to lay our bet at another exchange.

It’s entirely up to you what you place your qualifying bet on. Having looked at the odds available, we could place our qualifying bet on Liverpool to beat Southampton.

We can calculate our lay stake 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 £20.08.

Betfair logo

Aim to lose no more than £0.40 on our qualifying bet

Outcomes:

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

Outcome Betfair Other Exchange Profit/Loss
Liverpool win +£5.70 -£6.02 £0.32 loss
Liverpool don't win -£20.00 +£19.67 £0.33 loss

So, regardless of the outcome, we’ll lose a maximum of £0.33 in qualifying for our free bet.

Free Bet:

We’ll receive our £10.00 free bet upon settlement of our qualifying bet. The free bet must be used via mobile towards a lay bet on the Match Odds market of Burnley v Arsenal, which kicks off at 14:00 on Sunday 2nd February 2020.

This free bet works a little differently to usual free bets. When we make our selection and apply the free bet, £10.00 will be taken off our liability.

We need to place our bet on Arsenal as lower odds are best for maximising our overall profit.

At the time of writing, Arsenal are available at back odds of 2.05 (21/20) at Unibet and lay odds of 2.06 on the Betfair Exchange.

We can calculate our lay stake using my matched betting calculator. We just need to open up the ‘Advanced’ section and use the slider to find the point at which there is a £10.00 difference between the ‘If back bet wins‘ and ‘If lay bet wins‘ totals.

Select bet type

Back Bet (Bookie)

Advanced
%

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: £

As you can see, the calculator tells us that our lay stake should be £15.21…

Unibet logo

Place £10.00 on Arsenal @ 2.05 = Potential profit of £10.50

Betfair logo

Lay £15.21 on Arsenal @ 2.06 = Potential liability of £6.12

Outcomes:

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

Outcome Bookie Betfair Exchange Profit/Loss
Arsenal win +£10.50 -£6.12 £4.38 profit
Arsenal don't win -£10.00 +£14.44 £4.44 profit

So, regardless of the outcome, we’ll extract a minimum of £4.38 from our £10.00 free bet. If we take into account our maximum qualifying loss of £0.33, this gives us a guaranteed profit of £4.05 on this Betfair Exchange offer!

Claim this offer
Click here to get this Betfair Exchange offer

The post Premier League Offer – Betfair Exchange appeared first on Matched Betting Blog.

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