Manchester United host Everton in Sunday’s late kick-off and 188BET are getting in on the action. If David De Gea keeps a clean sheet in Manchester United v Everton, 188BET will refund losing 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 £18.87 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.
Our qualifying bet must be placed between 00:01 and 16:00 on Sunday 3rd April 2016 to be eligible.
We need to place our qualifying bet on a Correct Score that sees Everton scoring. This ensures that if De Gea keeps a clean sheet (doesn’t concede), we will automatically be eligible for a refund as our qualifying bet will have lost. Having looked at the odds available, I’ve opted to place my qualifying bet on a 2-2 draw.
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…
As you can see, the calculator tells us that our lay stake should be £20.53…
Place £25.00 on a 2-2 draw @ 16.00 = Potential profit of £375.00
Lay £20.53 on a 2-2 draw @ 19.50 = Potential liability of £379.88
Let’s have a look at our potential profit/loss for the possible outcomes…
2-2 draw | + £375.00 – £379.88 = £4.88 loss |
Not 2-2 draw and De Gea keeps a clean sheet | – £25.00 + £20.12 + £23.75 (extract 95% from our £25.00 stake refund) = £18.87 profit |
Not 2-2 draw and De Gea doesn’t keep clean sheet | – £25.00 + £20.12 = £4.88 loss |
So, if De Gea keeps a clean sheet, we will make a nice profit of £18.87 on this 188BET offer. If De Gea doesn’t keep a clean sheet, we’ll have made a loss of £4.88. Risking £4.88 to make a profit of £18.87, gives us effective odds of 4.87, so given that the odds of De Gea keeping a clean sheet are only 2.50, this is a profitable offer in the long run.
NOTE: I’ve opted to keep things simple for this blog post and let it run as above, but there is an option to make this offer risk-free by laying ‘Man Utd to keep a clean sheet’ at the Betfair Exchange. If you want to make this offer risk-free, you can divide your potential loss of £4.88 by 0.95 to give you a lay stake of £5.14. Laying £5.14 at odds of 2.90 would give you a risk-free shot at £9.10 profit. There is also the option to lay a larger amount to give you a profit regardless of the outcome.
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 £50.00 stake refund.
To claim our stake refund, we must email the promotion code ‘DeGea25’, our bet ID number and our 188BET member code to promo@188service.com using our registered email address by 23:59 (GMT) on Monday 4th April 2016. Free bets will be credited within 48 hours of a successful claim being submitted.
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Matt Kirman – Matched Betting Blogger
Since 2014, I’ve blogged over £70,000 worth of profit, and made it my mission to make matched betting accessible to everyone.