England win. Make money! Scotland win, make money! They draw, make money! Matched Betting – it’s that simple.

The Euros are here and tomorrow we’ve got the big game between England and Scotland at Wembley. It’s going to be fun.

In this guide, we're going to provide a quick rundown on how you could bag yourself £28 cash - no matter if England win, lose or draw the game!

That’s right...

If England win = £28 profit.

If Scotland win = £28 profit.

If they draw = £28 profit.

Welcome to Matched Betting - where  we don’t lose - only profit! (As long as you follow our guides).


Step 1 - The New Customer Signup Offer

For the Euros, Betfred have a special signup offer for new customers. They are giving out £40s worth of free bets rather than the usual £30 when we place a £10 bet with them (at odds of 2.0 or greater).

More free bets = more profits for us.

Many bookmakers provide ‘enhanced’ signup offers during major sporting events. This is why starting Matched Betting during an event like the Euros is a savvy move. You can make more profit now than you would starting at other times.

(You can access easy to follow video guides on how to do a typical Matched Betting signup offer via our free trial. Once you're in, head to our ‘Start Here’ training section for beginners).


Step 2 - Unlock the £40 in Free Bets by doing a Qualifying Bet

We need to deposit and bet £10 at Betfred (at odds over 2.0) before they give us the £40 in free bets.

We do not want to risk £10 of our own money to get these free bets though.

So, how can we solve this?

By doing a bet at Betfair Exchange which is on the exact opposite outcome from what our bet at Betfred is on.

We start this process by first finding a suitable bet to do using our Oddsmatching Tool. Be sure to select “Betfred Qualifying Bet” in the dropdown filter. (This brilliant tool is available to try with our free trial).

Betfred-Qualifying-Bet-Example-Oddsmatching

The Oddsmatching Tool has found a suitable bet for to use on the Croatia v Czech Republic game tomorrow. The tool is recommending we do our £10 bet on “Croatia to win” at Betfred at odds of 2.20.

What do we need to bet on at Betfair Exchange?

Well, we need to bet on the exact opposite bet - “Croatia NOT to win”. (This is the equivalent of Croatia losing OR drawing the game).

This exact opposite bet is called a Lay Bet.

How much do we need to bet on this lay bet at Betfair Exchange? £10?!

It might be £10, it might not be.

To find out how much, we need to click the little calculator icon on our selected bet on the Oddsmatching Tool.

Calculator-Icon-on-Oddsmatching-Tool

Our Matched Betting Calculator then appears and shows us what stake amount we need to use for our lay bet at Betfair Exchange. This amount is known as our lay stake.

Betfred-Qualifying-Bet-Example-Matched-Betting-Calculator1

The calculator tells us we will need to use a lay stake of £9.87 on “Croatia NOT to win” at Betfair Exchange.

Now all we need to do is place BOTH our bets.

If  you follow our guides, you will see we always place two bets in Matched Betting. One at the bookmaker, then one immediately after this at a betting exchange. The betting exchange bet is always on the exact opposite outcome we bet on at the bookmaker. This is how we cover all outcomes of an event so that we can’t lose and only profit.

The first is a £10 bet at odds of 2.20 on Croatia to win at Betfred.

The second is a £9.87 lay bet at lay odds of 2.28 on Croatia NOT to win at Betfair Exchange.

As soon as we place these bets our situation will be the following:

If Croatia win - 63 pence small loss.

If Czech Republic win - 63 pence small loss.

If they draw - 63 pence small loss.

No matter what happens in the Croatia v Czech Republic Euro 2020 game tomorrow we will be down 63p.

Instead of risking £10 to unlock £40 in free bets from Betfred, we have instead opted to take a predetermined small loss of 63p to unlock them.

Now we cash in on our free bets. 


Step 3 - Use the Free Bets to make profit - no matter what.

We are going to do everything we did above but this time we are going to use our £40 in free bets at Betfred to bet with - rather than our own cash.

(It's worth noting that with Betfred your free bets are usually credited after the game your first bet was on ends - i.e. when your first bet 'settles' - so you may have to wait before starting the process outlined below. Please always follow our  free videos and training guides to make a profit from free bets no matter what.)

We start this process by first finding a suitable bet to do using our Oddsmatching Tool. Be sure to select “Betfred Free Bet” in the dropdown filter. (Again - this brilliant tool is available via our free trial here).

Betfred-Free-Bet-Example-Oddsmatching

The Oddsmatching Tool has found a suitable bet for us to use on the England vs Scotland game tomorrow evening. The tool is recommending we do our £40 free bet on “the game to be a draw” at Betfred at odds of 5.0.

What do we need to bet on at Betfair Exchange?

Well, we need to bet on the exact opposite bet - “the game NOT to be a draw”. (This is the equivalent of either England winning, or Scotland winning). 

How much do we need to bet on this lay bet at Betfair Exchange? £40?!

We need our Matched Betting calculator again (we need to update the free bet stake to £40 from the normal £30 as this is a special enhanced signup offer).

Betfred-Free-Bet-Example-Matched-Betting-Calculator

The calculator tells us we will need to use a lay stake of £30.48 on “the game NOT to be a draw” at Betfair Exchange.

Now, all we need to do is place BOTH our bets.

The first is a £40 free bet at odds of 5.0 on the England vs Scotland game to be a draw at Betfred.

The second is a £30.48 lay bet at lay odds of 5.30 on the same game NOT to be a draw at Betfair Exchange.

As soon as we place these bets our situation will be the following:

If England win - £28.96 profit.

If Scotland win - £28.96 profit.

If they draw - £28.94 profit.

No matter what happens in the England vs Scotland game tomorrow evening we make a profit of at least £28.94.

Take off our initial 63 pence loss from our first bet…

That’s just over £28 in our back pocket.

Thank you Matched Betting!


Want to get started and take full advantage of the Euros?

Signup to our free trial here. Follow the training guides and before you know it you’ll be in profit.

(The exact bets available may differ from what bets were available at the time of writing this article - but the process is always the same. Follow our training guides, and you can't lose, only profit).

 

30,000+ of our members are already cashing in on the Euros.

 

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Our Facebook Group, which has over 30000 members, is a great place to ask for help and ask questions, especially if you are new to Matched Betting. Our community forum is also a great place to ask for help and advice.

Alternatively you can also contact us directly for support too.