The Masters 2021 Offer – Betfred | Matched Betting Blog

The Masters 2021 tees off on Thursday and Betfred are getting in on the action! Simply bet £10.00+ on the outright winner and Betfred will give us a £5.00 free bet for every round in which our player records an Eagle. Translated into matched betting terms, this gives us a potential profit of £3.12 and here’s how…

Key terms

  • Minimum stake of £10.00.
  • Applies to bets placed on the Outright – The Masters market.
  • Applies to bets placed between 17:00 on Wednesday 7th April 2021 and the first tee (around 13:00) on Thursday 8th April 2021.
  • £5.00 free bet for every round in which our player records an Eagle or better.

Qualifying bet

If you’d like more information about qualifying bets and how they work, please see my qualifying bets guide.

It’s entirely up to you which player you place your qualifying bet on. At the time of writing, Bryson DeChambeau is available at back odds of 12.00 (11/1) and lay odds of 13.00.

We can calculate our lay stakes using my Matched Betting Calculator

As you can see, the calculator tells us that our lay stake should be £9.24…

Betfred logo

Place £10.00 on Bryson DeChambeau @ 12.00 = Potential profit of £110.00

Betfair logo

Lay £9.24 on Bryson DeChambeau @ 13.00 = Potential liability of £110.88


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

Outcome Betfred Betfair Profit/Loss
DeChambeau wins + £110.00 – £110.88 £0.88 loss
DeChambeau doesn’t win – £10.00 + £9.05 £0.95 loss

So, no matter who wins, we’ll lose a maximum of £0.95 in qualifying for our potential free bets.

Free bets

We’ll receive a £5.00 free bet for every round in which Bryson Dechambeau records an Eagle or better. An Eagle is registered when a player scores 2-under-par on any hole, including hole-in-ones and albatrosses.

Free bets will be credited within 24 hours of our player recording an Eagle or better and will be valid until 09:00 on Tuesday 13th April 2021.

If Bryson Dechambeau completes a round with an Eagle, we’ll receive a £5.00 free bet. Using straightforward matched betting, we should be able to convert our free bet into 80% cash, so £4.00. If we take into account our minimum qualifying loss of £0.88, this gives us a potential profit of £3.12 on this Betfred offer!

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