Check out this Betway in-play offer! Place a pre-match bet on Manchester City v Liverpool or Real Madrid v Barcelona and Betway will give us a risk-free in play bet to the same stake (up to a maximum of £25.00) on the big match. These in play offers are one of the best around as there are big profits to be made. We can make a guaranteed minimum profit of £10.68 on this offer and here’s how…
The Strategy:
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, Betway will refund it as a free bet up to a maximum of £25.00.
By using straightforward matched betting, we should be able to extract 80% of our £25.00 free bet as cash, so £20.00. I will therefore refer to the refund as a £20.00 refund in the following workings. If you’re not sure how to extract 80% from any free bet, please see my Free Bet Strategy page for a walk-through guide of how it should be done.
We can only choose one of the two matches to do this offer, so it’s entirely up to you which one you go for. At the time of writing, Manchester City are 1.70 to beat Liverpool and as this this offer has minimum odds of 1.70, it makes sense to place our bets on the Real Madrid v Barcelona game.
The first step when doing these offers, is to decide which outcome we should place our in play bet on. We’re not allowed to place our in play bet on the opposite of our pre-match bet so it’s best to place our in play bet on a draw. The draw odds at the time of writing are 3.60 but these are likely to drop at kick-off, which is reflected in the following workings…
Place £28.13 (pre-match) on Real Madrid @ 2.40 = Returns £67.51
Place £25.00 (in-play) on a draw @ 3.50 = Returns £87.50
Place £23.68 (pre-match) on Barcelona @ 2.85 = Returns £67.49
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 £28.13 can easily be flagged up as a matched bet. You should instead place £25.00 in play on Real Madrid at Betway and you can place the extra £3.00, pre-match, with another bookmaker, especially if you can get better odds elsewhere.
Let’s have a look at our profit/loss for the three potential outcomes…
| Outcome | Returns | Total Outlay | Overall Profit |
|---|---|---|---|
| Real Madrid win | 67.51 + 20.00 (refund) = 87.51 | 76.81 | £10.70 |
| Draw | 87.50 | 76.81 | £10.69 |
| Barcelona win | 67.49 + 20.00 (refund) = 87.49 | 76.81 | £10.68 |
As you can see, no matter what the result of the game, we stand to make a guaranteed minimum profit of £10.68 on this Betway 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 in play draw bet. So if the draw odds have changed to 3.40, your returns on your £25.00 in play bet would now be £85.00.
To work out your stakes on Real Madrid and the draw, you need to subtract the £20.00 refund from the £85.00, which gives you £65.00 and then divide the £65.00 by the odds (in decimal form) for Real Madrid and the draw to get your respective stakes. Any problems, just give me a shout!
* These in play offers are amongst 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! *
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Matt Kirman – Matched 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.