188BET Offer – Man Utd v Hull City

January 10, 2017 / Football / 26 Comments

Kick-off time (GMT): 10/01/2017 : 20:00

Potential profit
£22.15
My profit £-1.60

Man Utd host Hull City in the EFL Cup Semi-Finals tonight and you don’t want to miss this 188BET offer! If a red card is shown at any time during Man Utd v Hull City, 188BET will refund losing pre-match 1×2, First/Anytime Goalscorer, Correct Score, Half-Time/Full-Time and Both Teams To Score bets as a free bet, up to a maximum of £25.00. Translated into matched betting terms, this gives us a potential profit of £22.15 and here’s how…

man utd v hull city - 188bet offer

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.

Qualifying bets must be placed between 00:01 on Monday 9th January 2017 and 20:00 (kick-off) on Tuesday 10th January 2017 to be eligible.

There is no way of making this offer risk-free so only get involved if you’re comfortable with your qualifying loss.

Only losing bets will be refunded in the event that a red card is shown, so we need to place our qualifying bet on a selection that we don’t think will win. We also need to place it at tight odds, in order to minimise our qualifying loss.

It’s entirely up to you what you place your qualifying bet on. Having looked at the odds available, I’ve opted to place my qualifying bet on ‘Yes’ in the ‘Both Teams To 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)

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

Total profit:
+ Free bet

As you can see, the calculator tells us that our lay stake should be £23.88…

188bet

Place £25.00 on ‘Both Teams To Score – Yes’ @ 2.56 = Potential profit of £39.00

smarkets whiteLay £23.88 on ‘Both Teams Score – Yes’ @ 2.70 = Potential liability of £40.60

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

Both teams score + £39.00 – £40.60 = £1.60 loss
Someone keeps a clean sheet and red card shown - £25.00 + £23.40 + £23.75 (extract 95% from our £25.00 stake refund) = £22.15 profit
Someone keeps a clean sheet and no red card shown - £25.00 + £23.40 = £1.60 loss

So, if either team keeps a clean sheet and a red card is shown, we’ll make a nice profit of £22.15. Any other outcome and we’ll have made a loss of £1.60. Risking £1.60 to make a profit of £22.15, gives us effective odds of 14.84, so given that the odds of a red card being shown are only 4.00, this is a profitable offer in the long run, even though we need either team to keep a clean sheet.

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 ‘MUH25’, our bet ID number and our 188BET member code to promo@188bet.co.uk using our registered email address by 23:59 (GMT) on Wednesday 11th January 2017. Free bets will be credited within 48 hours of a successful claim being submitted.

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26 Comments

  1. Deep

    January 10, 2017
    / Reply

    Matt is there a minimum odds in this offer as both teams to score -no has lower ql?

  2. Deep

    January 10, 2017
    / Reply

    Sorry ignore that it doesn't your right:)

  3. Josh

    January 10, 2017
    / Reply

    Anyway to make this offer risk free for a small profit?

    Thanks!

    • Matt

      Matt

      January 10, 2017
      / Reply

      Unfortunately not Josh.

  4. Bob (bobster)

    January 10, 2017
    / Reply

    Matt - in their terms, it states the offer is for a free bet (so SNR) - so surely extraction should be 80% rather than 95%?

    • Matt

      Matt

      January 10, 2017
      / Reply

      This has been debated for some time, but I believe the funds are credited as a stake returned bonus that just needs rolling over once at odds of 1.90 or greater.

      • ali

        January 10, 2017
        / Reply

        On the last one my stake was returned.

        • Bob (bobster)

          January 10, 2017
          / Reply

          As in you got the refund, place a bet, it won, and you withdraw the stake and the winnings?

          • ali

            January 10, 2017
            / Reply

            I got the refund which was equal to my 'pre-bet' balance + £25. I must confess that I have not attempted to withdraw.

    • Bob (bobster)

      January 10, 2017
      / Reply

      When I spoke to them on chat, they specifically said the stake would be subtracted when I withdrew. Never tested it though as always managed to lose.

      Plus it also does say "stake not returned" in the terms

  5. Chris

    January 10, 2017
    / Reply

    Do 188 run this type of offer regularly Matt?

    I was wondering if it was worth me not bothering to do the signup bonus in the hope that I will be able to extract more from these offers in the long run.

    • Matt

      Matt

      January 10, 2017
      / Reply

      Yes they're pretty regular Chris. That wouldn't be a bad idea as you'll no doubt make more through these offers.

  6. GGG

    January 10, 2017
    / Reply

    The referee tonight is Kevin Friend, he is 1 of only 4 refs (total 17) in the premier league yet to give a red card

    http://www.footstats.co.uk/index.cfm?task=referees

    I'm just saying!

    • Petor

      January 10, 2017
      / Reply

      He's due one then.

      P.s. good research

  7. Cjheaven7

    January 10, 2017
    / Reply

    Sorry if this is a daft question, I've been doing this a few months now and am pretty clued up. But this kind of bet always confuses me. Can anyone clear this up in my head. Example back BTTS Y 2.7, Lay BTTS Y 2.8. Now surely laying BTTS Y is the same as backing BTTS N ? This always has confused me? As the odds in this instance would be some where like BTTS Y 2.7 backed, and opposite result BTTS N backed would be around 1.3 giving a profit ? As I write it I can feel I'm wrong but I can't quite see why?

    • ali

      January 10, 2017
      / Reply

      You would need to place a higher stake backing 'no' so the end result would be the same. I think.

    • Chris

      January 10, 2017
      / Reply

      I'm looking at something similar. Hull to score over 0.5 goals is 2.15. Man U to keep a clean sheet is 1.58. £20 would return £7.01 profit but it's obviously too good to be true but can't work out why.

    • Chris

      January 10, 2017
      / Reply

      Just realised...If I bet £20 on Hull to score over 0.5 I return £23 profit. But to bet on clean sheet I'd need to bet £35 to return my covering £20 on the exchange. I think it's when you just see the back odds and exchange odds it looks attractive initially and seems to make sense!

  8. Jimmy

    January 10, 2017
    / Reply

    Where does this offer say FREE30 redeemers are not eligible?

    • Matt

      Matt

      January 11, 2017
      / Reply

      The term was included originally but it looks like they've since removed it...

  9. jonfieldhouse

    January 10, 2017
    / Reply

    looking on the t's and c's i cant see anywhere where it says it does apply to people who have claimed the welcome offer? i maybe blind but i cant see it..

    • Matt

      Matt

      January 11, 2017
      / Reply

      The term was included originally but it looks like they've since removed it...

  10. Tony S

    Tony S

    January 10, 2017
    / Reply

    In all honesty if you're thinking of doing this offer you'd be better (or just as well) off going on the exchange and sticking £2.50 on a sending off @ 8.2

    Extra 60p qualifying loss but you'll win without having to back a losing result!... Much prefer the "to score" refund offers to this one

    • Bob (bobster)

      January 10, 2017
      / Reply

      +1 for this answer. Sometimes with these trigger offers it's worth thinking twice. Would you put the bet on the red card? If not, don't do the offer either

  11. Timmy

    January 10, 2017
    / Reply

    Lost my bet with a very small qualifying loss. Just need that red card now!

    • Timmy

      January 10, 2017
      / Reply

      aww


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