Bet365 In Play Offer – Man Utd v Liverpool

March 14, 2016 / Football / 34 Comments

Kick-off time (GMT): 17/03/2016 : 20:05

Guaranteed profit
£32.11
Potential profit
£32.14
My profit £32.14

The Bet365 in play offer is back! Place a pre-match bet on Manchester United v Liverpool and Bet365 will give us a risk-free in play bet to the same stake (up to a maximum of £50.00) on the big match. These Bet365 in play offers are the best around as there are big profits to be made. We can make a guaranteed minimum profit of £32.11 on this offer and here’s how…

Bet365 In Play Offer - Man Utd v Liverpool

Our in play bet will be risk-free. This means that we are required to place the in play bet using our own funds and if this in play bet loses, Bet365 will refund it in full in cash (which is withdrawable straight away).

There are two completely different strategies we can use to do this offer. We can either use the dutching method, where we place a back bet on all three possible results or we can use the matched betting method which uses a betting exchange to lay our two back bets.

The Dutching Method:

The first step when doing these offers, is to decide which outcome we should place our in play bet on. Having looked at the odds available, it’s most profitable to place our in play bet on the draw. If we’re quick at kick-off, we shouldn’t have any problem getting our in play bet on at the pre-match odds. If we’re not quick, then the odds are likely to drop slightly and it’s always worth bearing that in mind when calculating our stakes.

It’s always a good idea to place our pre-match bets relatively close to kick-off. This reduces the chances of the draw odds dropping before we are able to place our in play bet.

bet365

Place £50.00 (pre-match) on Man Utd @ 2.60 = Returns £130.00

Place £54.55 (in play) on a draw @ 3.30 = Returns £180.02

totesport

Place £43.33 (pre-match) on Liverpool @ 3.00 = Returns £129.99

I’d like to add at this point that it’s always best to stick to round numbers when placing your bets as odd amounts such as £54.55 can easily be flagged up as a matched bet. You should instead place £50.00 on the draw in play and place the extra £5.00 on the draw pre-match with another bookmaker, especially if you can get better odds elsewhere. Similarly, with the Liverpool bet, I would stick to round numbers and place £45.00 instead.

One of the main advantages of using this dutching method is that we can often combine this Bet365 in play offer with other bookmaker promotions. I’ll update this post as and when we hear of such promotions.

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

Outcome Returns Total Outlay Overall Profit
Man Utd win 130.00 + 50.00 (refund) = 180.00 147.88 £32.12
Draw 180.02 147.88 £32.14
Liverpool win 129.99 + 50.00 (refund) = 179.99 147.88 £32.11

As you can see, no matter what the result of the game, we stand to make a guaranteed minimum profit of £32.11 on this Bet365 in play offer! How long did that take? 10 minutes?

If the odds change between now and kick-off, which is almost a certainty, it’s really easy to recalculate your pre-match stakes.

Start by working out your returns on the pre-match Manchester United bet. So if the Manchester United odds have changed to 2.50, your returns on a Manchester United win would now be £125.00.

To work out your pre-match stake on Liverpool, you would just need to divide the £125.00 by the odds (in decimal form) on Liverpool to win. To work out your stake on the in play draw bet, you would need to add £50.00 to the £125.00 which gives you £175.00 and then divide this by the odds (in decimal form) on a draw. Any problems, just give me a shout!

The matched betting method:

When I’ve blogged these Bet365 offers in the past, I’ve always recommended the dutching method, but I always receive a few emails asking why we don’t just use straightforward matched betting to bank more profit.

To answer the question, it’s absolutely fine to use matched betting for these offers but our overall profit will depend on what odds are available in play.

If you’re not yet familiar with matched betting, please read my matched betting guide for more information.

Having looked at the odds available, I’ve opted to place my qualifying bet on a Manchester United win.

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 stakes 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 £49.24…

bet365

Place £50.00 on Man Utd @ 2.60 = Potential profit of £80.00

smarkets white

Lay £49.24 on Man Utd @ 2.66 = Potential liability of £81.74

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

Man Utd win + £80.00 – £81.74 = £1.74 loss
Man Utd don't win - £50.00 + £48.26 = £1.74 loss

So, regardless of the result of match, we will lose £1.74 in qualifying for our £50.00 risk-free in play bet.

We need to place our £50.00 risk-free in play bet using our own funds and if it loses, Bet365 will refund it after the game in cash which is withdrawable straight away.

My advice is to place our in play bet at half-time. This is simply because the odds don’t fluctuate as much as when the game is live. There’s nothing worse than placing a back bet on a market and then something happens in the game that changes the odds before you have chance to get your lay bet on! Depending on the half-time score, I would have a look at the Match Odds market and if those are too short, I would then have a look at the Correct Score market.

It’s impossible to know what odds will be available until the game is live, but here is an example of how things might pan out…

We can use the ‘Risk-Free Bet’ setting on my matched betting calculator to work out our correct lay stake…


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 £36.53…

bet365

Place £50.00 on 1-0 Man Utd @ 8.00 = Potential profit of £350.00

smarkets white

Lay £36.53 on 1-0 Man Utd @ 9.60 = Potential liability of £314.20

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

Man Utd win 1-0 + £350.00 – £314.20 = £35.80 profit
Man Utd don't win 1-0 - £50.00 + £35.80 + £50.00 (cash refund) = £35.80 profit

So, regardless of the result of the match, we will make £35.80 profit from our risk-free in play bet. If we take into account our qualifying loss of £1.74, we should make a profit of around £34.00 on this offer, but this all depends on what odds are available in play.

Pros and Cons of both methods:

  • The matched betting method is potentially more profitable but this depends entirely on the in play odds.
  • We can combine the dutching method with other bookmaker promotions to add value.
  • The dutching method has a lower outlay.
  • The dutching method is done and dusted once you’ve placed your in play bet at kick-off.
  • The dutching method may appeal to those who are unfamiliar with matched betting.
  • If you’re unable to place your in play bet at kickoff, the matched betting method can be done at half-time, which gives you a 15 minute window to get your bets on.

It’s entirely up to you guys which method you opt for but my preference would be the matched betting method. We can usually make a bit more profit and we can do the other bookmaker promotions separately.

 

* These Bet365 in play offers are by far the best around but for those of you who have never come across matched betting, there are so many more offers to profit from. I make over £500.00 risk-free profit every month from bookmakers’ offers just like this one.  If you’re interested in finding out more, feel free to have a read of my matched betting guides. My blog is completely free to use! *

Share this

34 Comments

  1. Dave

    March 14, 2016
    / Reply

    Silly question: Why bother laying the in play bet if it's risk free?

    • Matt

      Matt

      March 14, 2016
      / Reply

      By laying the risk-free in play bet, we can guarantee ourselves a profit rather than just punting it.

      • Dave

        March 14, 2016
        / Reply

        Yep, makes perfect sense to me now. What a dumbo I am!

        • Matt

          Matt

          March 14, 2016
          / Reply

          No worries Dave, always best to ask if you're not sure.

  2. Bob47474

    March 14, 2016
    / Reply

    Hi, I was just wondering if the dutching method causes suspicion? I'd do it the matched betting way but with Cheltenham my exchange money will be potentially tyed up with other bets.

    • Matt

      Matt

      March 14, 2016
      / Reply

      These offers always divide opinion on which method is best but I think you're fine to go either way. If you wait until Friday to place your Friday Cheltenham bets, you might have enough to do it the matched betting way.

  3. VJ

    March 14, 2016
    / Reply

    Hi Matt

    Wondering whether you can help me? I have an offer from one betting co. Below is the offer
    "Simply bet £150 on any multiple (2 or more selections) and you’ll get a £45 free bet token to use on anything you like". The odds got to be at least 2. Is there any way I can make a profit?

    Strangely I cant seem to see the BET 365 offer for this week. Thank you for your contributions , really helped me .

    Thanks

    • Matt

      Matt

      March 14, 2016
      / Reply

      You can lay selected multiples on the Betfair Exchange. Go to the Exchange homepage and search 'acca' at the top. There are some Champions League accas available to lay, but it depends on the back and lay odds as to how profitable this offer is going to be for you.

      • VJ

        March 15, 2016
        / Reply

        Thanks Matt.

  4. Sam

    March 15, 2016
    / Reply

    I've just started following you and by Thursday I should have around 280 in my exchange account. Will this be enough to cover laying this offer, obviously I wouldn't pick man united to win 1-0 cause the odds would be too long?

    • Matt

      Matt

      March 16, 2016
      / Reply

      I'm sure it would be enough to extract a smaller profit, but I would recommend the dutching method if your funds are tight. You will need to deposit £100.00 into your Bet365 account regardless and you can always place your back bet on Liverpool at the exchange...

  5. jamiea

    March 15, 2016
    / Reply

    How are bet365 for 2 accounts in same house hold I know terms say you can't but does it work in the real world?

  6. Hamselv

    March 16, 2016
    / Reply

    Hey Matt. I have a risk-free £20 on this game on another site. How would I utilize this combined with the dutching method?

    Best regards and thanks in advance

    • Matt

      Matt

      March 17, 2016
      / Reply

      You could place it on Liverpool and then you'd only need to place another £25.00 cash on them to make up your £45.00 stake. If Liverpool don't win, you'll get your £20.00 back. The other option is to keep the two offers separate. By using the 'Risk-Free Bet' setting on my matched betting calculator, you should be able to make £12.00-£13.00 profit from your risk-free bet offer.

  7. James

    March 16, 2016
    / Reply

    Hi Matt
    I think I can but can u just confirm. I done this on last week's Chelsea - PSG game. I still have the free 50 quid sitting in 365. I can use that for the pre match QL bet ( matched betting way ) can't I ? Then just deposit 50 and back and lay as normal at HT. Cheers. James

    • Matt

      Matt

      March 17, 2016
      / Reply

      If you have £50.00 cash sat in your Bet365 account, that's fine James.

  8. John

    March 16, 2016
    / Reply

    Wouldn't it be easier to do as follows:
    50 pounds before the game on Liverpool or United to win = 67 pounds.
    50 pounds in-play on Draw = 165 pounds.

    No draw would mean a 17 pound profit.
    Draw would mean a 65 pound profit.

    • Matt

      Matt

      March 17, 2016
      / Reply

      It's entirely up to you how you play it John, but that method doesn't guarantee a minimum profit of £32.11. The other issue with that method is that it breaches the terms of the offer as you are guaranteeing a profit at Bet365. With the dutching method, if Liverpool win, we make a loss at Bet365 and make our profit at the other bookmaker.

  9. Pete

    March 16, 2016
    / Reply

    I've accumulated a few free bet vouchers this week and would like to use them to cover my stake on the Liverpool or draw bet for the ditching method. Just wanted to check I don't lose out any return doing this.
    Has anyone else done this successfully?

    • Matt

      Matt

      March 17, 2016
      / Reply

      The Liverpool odds of 2.90 (19/10) are quite short Pete, so you'd be losing a fair bit of value using your free bets on them. Anything with odds below 5.00 (4/1) and you're losing value.

      Based on the assumption that the free bets are stake not returned and we can extract 80% of them as cash if we want to...

      If you place a £10.00 free bet on something at 4/1, you'd get £40.00 cash returned.
      If you extract 80% of a £10.00 free bet, so £8.00, and then stake that £8.00 on something at 4/1, you'd get £40.00 cash returned.

      So, anything less than 4/1 and you'll be losing value and anything above 4/1 and you'll be gaining value.

  10. SammyR

    Sam

    March 16, 2016
    / Reply

    Just a quick one. I have joined BET365 today and deposited £50 and got the 100% match bonus for new accounts. I have placed a £50 bet on Man Utd to win. Could I use the £50 bonus I now have to place an in play bet and use the dutching method listed above?

    • Matt

      Matt

      March 17, 2016
      / Reply

      You may want to check that with them Sam, but I believe you can yes. I think only your qualifying bet counts towards your bonus rollover requirement though and not the risk-free in play bet.

    • Sensible

      Paul Wilkinson

      March 17, 2016
      / Reply

      Sam read clause 8. of the promotion T&C's... her's part of it..
      8. Where any term of the offer or promotion is breached or there is any evidence of a series of bets placed by a customer or group of customers, which due to a deposit bonus, enhanced payments, free bets, risk free bets or any other promotional offer results in guaranteed customer profits irrespective of the outcome, whether individually or as part of a group, bet365 reserves the right to reclaim the bonus element of such offers and in their absolute discretion either settle bets at the correct odds, void the free and risk free bets or void any bet funded by the deposit bonus.

      • Matt

        Matt

        March 17, 2016
        / Reply

        I still think it would probably be okay but it's best to ask Bet365 the question and then you'll know for definite.

        • SammyR

          Sam

          March 17, 2016
          / Reply

          Thanks Matt and Paul. I think it'd be ok but have deposited another £50 in the 365 account, that way I'll just save the £50 bonus to match bet on something else for another guaranteed profit!

  11. Sensible

    Paul Wilkinson

    March 17, 2016
    / Reply

    You seem to have got your sums wrong, in your dutching example you DO NOT get Man Utd HOME refunded, you get the DRAW (in-play) refunded.

  12. Sensible

    Paul Wilkinson

    March 17, 2016
    / Reply

    SORRY. Matt. My mistake, I miss understood the way you laid it out. You are correct.

    • Matt

      Matt

      March 17, 2016
      / Reply

      No worries Paul, you had me worried for a minute there!

  13. Ak

    March 17, 2016
    / Reply

    I was thinking of doing the goals over and under bet - is this not allowed under bet365 rules as i am garunteeing a profit? Sorry very new to this!

    • Matt

      Matt

      March 17, 2016
      / Reply

      Quite a few people do it that way but it does breach the terms so it's best to go for one of these methods.

      • Larsson07

        Larsson07

        March 17, 2016
        / Reply

        wait what goals over and under isnt allowed? i never saw it in the terms

        • Matt

          Matt

          March 18, 2016
          / Reply

          It doesn't specify that those particular markets are excluded but by guaranteeing yourself a profit at Bet365, you are breaching the terms of the offer.

  14. Tony

    Tony

    March 17, 2016
    / Reply

    Does the "To Qualify" market count for the qualifying bet? Seems to offer the cheapest option for this MBing this rather that Dutching.

  15. Daimler

    March 18, 2016
    / Reply

    I entered before the game begins this market Tony, nothing saying its against the rules. I still waiting the refund also...


Get involved!

Your email address will not be published. Required fields are marked with *.

Leave a Reply