188BET Offer – Crystal Palace v Man Utd

Crystal Palace host Man Utd tonight and you don’t want to miss this 188BET offer! If Zlatan Ibrahimovic scores at anytime in Crystal Palace v Man Utd, 188BET will refund losing pre-match 1X2, First/Anytime Goalscorer, Correct Score and Half-Time/Full-Time bets as a free bet, up to a maximum of £25.00. Translated into matched betting terms, this gives us a potential profit of £22.38 and here’s how…

Qualifying Bet:

If you’re unfamiliar with qualifying bets, please see my Qualifying Bet Strategy page for a walk-through guide on how they should be done.

As with all player-specific promotions, it’s a good idea to wait until the starting line-ups have been announced, before placing our qualifying bets.

Qualifying bets must be placed between 00:01 on Tuesday 13th December 2016 and 20:00 (kick-off) on Wednesday 14th December 2016, to be eligible.

Ideally, we need to place our qualifying bet on a Correct Score that sees Crystal Palace keeping a clean sheet. This ensures that if Ibrahimovic scores, we’ll automatically be eligible for a free bet refund as our qualifying bet will have lost.

Only losing bets will be refunded in the event that Ibrahimovic scores a goal. If you can’t find a suitable Correct Score, you’ll need to place your qualifying bet at tight odds on a selection that you don’t think will win. Have a look at Crystal Palace or the draw in the ‘1 X 2’ market.

Having looked at the odds available, I’ve opted to place my qualifying bet on a 0-0 draw in the Correct Score market.

I like to place my exchange lay bets with Smarkets as they have great liquidity, the site is really easy to use and they only charge 2% commission in comparison to the 5% charged by other betting exchanges.

We can calculate our lay stake using my matched betting calculator…

Back Bet (Bookie)

%

Lay Bet (Betting Exchange)

%

Min £
Max £
Lay stake required: £
Bookie
Exchange
Cashback
Total
If back (bookie) bet wins
£
£
£
= £
If lay (exchange) bet wins
£
£
£
= £
Total profit: £

Optimal Underlay

Lay stake required: £
Exchange liability: £

If back (bookie) bet wins: £
If lay (exchange) bet wins: £

Optimal Overlay

Lay stake required: £
Exchange liability: £

If back (bookie) bet wins: £
If lay (exchange) bet wins: £

As you can see, the calculator tells us that our lay stake should be £24.11…

188BET logo

Place £25.00 on a 0-0 draw @ 13.00 = Potential profit of £300.00

smarkets whiteLay £24.11 on a 0-0 draw @ 13.50 = Potential liability of £301.37

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

0-0 draw + £300.00 – £301.37 = £1.37 loss
Not a 0-0 draw and Ibrahimovic scores anytime – £25.00 + £23.63 + £23.75 (extract 95% from our £25.00 stake refund) = £22.38 profit
Not a 0-0 draw and Ibrahimovic doesn’t score – £25.00 + £23.63 = £1.37 loss

So, if Ibrahimovic scores anytime, we’ll make a nice profit of £22.38. Any other outcome and we’ll have made a loss of £1.37. Risking £1.37 to make a profit of £22.38, gives us effective odds of 17.34, so given that the odds of Ibrahimovic scoring anytime are 2.05, this is a very profitable offer in the long run.

Stake refunds just need rolling over once at minimum odds of 1.90 or greater before we are able to withdraw. The above calculations are therefore based on the assumption that, by using straightforward matched betting, we should be able to extract 95% cash from our £25.00 stake refund.

To claim our stake refund, we must email the promotion code ‘ZLAT25’, our bet ID number and our 188BET member code to promo@188service.com using our registered email address by 23:59 (GMT) on Thursday 15th December 2016. Free bets will be credited within 48 hours of a successful claim being submitted.

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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.