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I set myself a challenge to make as much money as possible from betting on the matches at Euro 2008. Now I could simply have used my knowledge of football to try and pick winners for each game but there is no guarantee that my predictions would always be right, so inevitably I would lose some of my bets and possibly ending up losing more money than I make. Plus if it really was that easy then the bookies would soon go out of business.
There is however a method of betting called ‘Matched Betting’ which if done correctly is a low risk way of extracting money from the free bets that are offered by nearly all bookmakers to encourage you to open an account with them.
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16 teams begun Euro 2008 three weeks ago and now its down to just Germany and Spain to battle it out in the final. Spain have a terrible record in finals but start today’s match as favourites, but you can never rule out Germany as they have won this competition more times than any other nation.
I had a £50 free bet to use on tonight’s final which went on the game being a draw after 90 minutes. I also took advantage of another bookmakers offer betting a £10 qualifier on the game being 0-0 at half-time, with a free £10 bet going on the same outcome.
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Tonight saw Spain take on Russia in the 2nd Semi Final with a chance to meet Germany in the final at stake. Incidentally it’s also my birthday too! I had the final two qualifying bets to complete for my free £50 bet tonight which I plan to use on Sunday’s final. (more…)
An injury hit Turkey faced Germany tonight with a place in the final at stake. I need to place another five £10 bets to qualify for my final £50 free bet so I made two £10 bets on Germany to win in 90 minutes and a further £10 on it being a draw at half-time with Germany going on to win. All three bets were offset at Betfair to minimise my losses.
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Yesterday I completed the five £10 bets that I needed to qualify for a £25 free bet, so today I was able to use the free bet on the final quarter final between Spain and Italy. I struggled to find good odds on this match but in the end settled for the Half-Time / Full-Time market with my free bet going on it being a draw at half-time and at the end of 90 minutes. I matched this off with a lay bet at Betfair to ensure that whatever the outcome I made a profit.
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