This weekend sees another Bet365 Free Bet offer as yet again they are running their £50.00 free bet for existing (and new) customers, this time to be used on Saturday’s Champions League Final between Bayern Munich and Borussia Dortmund.
This represents another chance for us to bag ourselves another guaranteed risk free £35.00 using the matched betting method. This is where I would cover the qualifying bet on a betting exchange (I use Betfair). And then after I have placed the free bet, I would then lay off a proportion of the free bet to guarantee a return no matter what.
It basically works like this. For the qualifying bet, I would back Bayern at 1.8 on Bet365 for £50, and then I would lay Bayern on Betfair for approximately £50 (aim to get back as close to £90 as possible).
Once that’s all done, I would wait until half time so that a goal can’t be scored while placing the bets, and then place my free bet. I usually look for something at around 3/1 to back with Bet365. This means I get back £150.00 if the free bet wins.
I would then lay a proportion of the 3/1 shot on Betfair. It will usually be around 4.2 to 4.3 to lay. If I’m laying at 4.3, I would lay £35.50. This would give me a guaranteed profit of just over £33.70 after commission.
If you can find a 7/2 or 4/1 shot to back and lay, you should clear £35.00 profit.
Alternatively, you could just have a risk free, free bet. Again you will need to cover your qualifying bet on Betfair (ie, back Bayern for £50 with Bet365, and then lay them for approximately £50 on Betfair). And then have the £50.00 free bet in running on whatever you want. If it wins great, if it loses, so what, it’s a free bet and hasn’t cost you anything.
Either way, it represents great value and is why I would recommend to anyone that they open themselves a Bet365 account.
Remember, to qualify for the free bet, you will need to place your £50.00 qualifying bet pre kick off. You then place a bet in-running, the in-running bet is your free bet. If the in-running bet losses, you get your £50.00 back. It’s as simple as that.
There is one of these free bet offers every month from Bet365. I’ve been in this business now for a long time now and I can say that I’ve never known another online bookmaker offer a £50.00 free bet to existing customers on such a regular basis. I have rarely seen a bookie offer a £50.00 free bet full stop, never mind one every month or so.
Onto the match itself and at the moment Bet365 make Bayern Munich the clear favourites to win the cup. 90 minute betting sees Bayern Munich at 4/5, the draw at 3/1 and Borussia Dortmund at 7/2.
To win the Champions League outright, Bayern are 2/5 and Dortmund are 21/10, making the German champions the clear favourites.
I half think Bayern could run away with it, and I half think it could be a tight affair, I really don’t know to be honest. Considering Munich bottled the final last year, I would be a touch apprehensive about backing them at odds on in any capacity.
One bet I do like though is the ‘Method of Victory’ bet, which I think offers good value. I’m going to be backing penalties both ways, Bet365 currently have Bayern 12/1 to win on penalties, and Dortmund 14/1 to win on penalties.
As well as a bit of value, it’s the irony of the prospect of a German side losing a penalty shoot out at Wembley. It could only happen against another German team!
For more information, or to open a Bet365 account please click here……