It’s match week 2 in the Champions League and ComeOn are running an offer not to be missed! Simply place a £5.00 bet on any Champions League match taking place this week and if it loses, ComeOn will refund our stake as a bonus. Translated into matched betting terms, this gives us a guaranteed profit of £3.10 and here’s how…
Qualifying Bet:
We must opt-in to this offer on the promotions page to be eligible for this offer.
For this offer we need to find a selection that has tight back and lay odds. If we underlay our bet instead of matching it completely, we can guarantee ourselves a profit on any outcome. Having looked at the odds available I’ve opted to place my qualifying bet on Arsenal drawing with Olympiakos.
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.
Place £5.00 on a draw @ 5.00 = Potential profit of £20.00
Lay £3.93 on a draw @ 5.30 = Potential liability of £16.90
Let’s have a look at our potential profit/loss for the possible outcomes…
| Draw | +£20.00 – £16.90 = £3.10 profit |
| Not a draw | -£5.00 + £3.85 + £4.25 (extract 85% from our £5.00 bonus) = £3.10 profit |
So regardless of the result of the match, we will make a guaranteed minimum profit of £3.10 on this Champions League offer!
If our qualifying bet loses, we will have 2 days to claim the bonus and 7 days to meet the rollover requirement. Our bonus must be rolled over 5 times at minimum odds of 1.75, so by using straightforward matched betting, we should be able to extract 85% of this as cash. As this is a bonus instead of free bets, we can select the ‘Free Bet – Stake returned’ option on the matched betting calculator.
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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.