138.com Offer – Price Boost Treble

It’s a big day of Premier League football and 138.com are running a tasty little price boost! Place a treble bet on West Ham, Leicester City and Stoke City at the normal odds quoted on site and if it wins, 138.com will top our account balance up with a Price Boost. Translated into matched betting terms, this gives us a potential risk-free profit of £17.33 and here’s how…

Price Boost bet:

The maximum stake for this offer is £20.00.

The current odds on West Ham, Leicester City and Stoke City all winning are 5.54. This means that if our treble wins, we will receive £110.80 cash (normal odds) and a £29.20 free bet (price boost up to 7.00). We know we can extract 80% of any free bet as cash, so in this case £23.36, giving us total cash returns of £134.16 and a profit of £114.16.

We can underlay this treble on the Betfair Exchange to make this offer risk-free.

You can find the accumulator market by heading over to the Betfair Exchange and using the following link trail in the left-hand sidebar…

Football > Barclays Premier League > 12.45 Acca Saturday 27th February Premier League.

We just need to divide our stake of £20.00 by 0.95 to account for the 5% commission that Betfair charge on net winnings. This gives us a lay stake of £21.05…

138

Place £20.00 on West Ham, Leicester & Stoke to win @ 7.00 = Potential profit of £114.16

betfair

Lay £21.05 on West Ham, Leicester & Stoke to win @ 5.60 = Potential liability of £96.83

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

Treble wins + £114.16 – £96.83 = £17.33 profit
Treble doesn’t win – £20.00 + £20.00 (£21.05 minus 5% commission) = £0.00

So if our enhanced treble doesn’t win, we break even and there’s no harm done, however, if it does win, we will make a nice risk-free profit of £17.33 on this 138.com offer.

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Matt Kirman - Matched Betting Blogger

Matt KirmanMatched Betting Blogger

Since 2014, I’ve blogged over £85,000 worth of profit, and made it my mission to make matched betting accessible to everyone.