Betfred Price Boost – 5/2 Manchester City & Chelsea

A couple of tasty televised matches today and a Betfred price boost offer to go with them! Betfred are offering 3.50 (5/2) on both Manchester City and Chelsea to win today. Translated into matched betting terms, this gives us a potential risk-free profit of £11.23 and here’s how…

Betfred Price Boost - Man City & Chelsea

Price Boost Bet:

The maximum stake for this offer is £100.00.

betfred

Place £100.00 on Man City and Chelsea @ 3.50 = Potential profit of £250.00

Match 1: Tottenham v Manchester City (Kick-Off: 12:45)

On the first match, we have to cover our original stake of £100.00.  If we divide £100.00 by 0.98 (to account for the 2% Smarkets commission), this gives us a lay stake of £102.04.

smarkets white

Lay £102.04 on Man City @ 1.98 = Potential liability of £100.00

If Man City win – £100.00 = -£100.00
If Man City don’t win – £100.00 + £100.00 = £0.00

So if Man City don’t win, the offer will be over and we’ll have broken even. However, if Man City do win, we will lose £100.00.

Match 2: Newcastle United v Chelsea (Kick-Off: 17:30)

So, if Man City win, this means on the next match we will have to cover both the £100.00 and the original stake of £100.00. If we divide £200.00 by 0.98 (to account for the 2% Smarkets commission), this gives us a lay stake of £204.08.

smarkets white

Lay £204.08 on Chelsea @ 1.68 = Potential liability of £138.77

If Chelsea win -£100.00 – £138.77 + £250.00 = £11.23 profit
If Chelsea don’t win -£100.00 – £100.00 + £200.00 = £0.00

So if either Man City or Chelsea don’t win, we’ll have broken even overall. However, if both Man City and Chelsea win, we’ll have made a nice profit of £11.23!

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Matt Kirman - Matched Betting Blogger

Matt KirmanMatched 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.