It’s Day 7 of ComeOn’s Christmas calendar promotion and you don’t want to miss this deposit bonus offer! Simply enter bonus code ‘XMAS7’, deposit £100.00 and ComeOn will give us £125.00 to play with! Translated into matched betting terms, this gives us a potential profit of £20.26 and here’s how…
Qualifying Bet:
We must enter offer code ‘XMAS7’ on the Bonus Codes page before 22:59 tonight (Wednesday 7th December 2016).
We must then deposit £100.00 to receive £125.00 to play with. Our deposit and bonus must be rolled over 5 times at odds of 2.00 (evens) or greater in the Sportsbook before any winnings can be withdrawn. We will have 7 days to meet the rollover requirement.
There’s no doubting that £625.00 is a large rollover and therefore our participation in this offer depends entirely on our available bankroll.
Having looked at the odds available, I’ve opted to place my first bet on Legia Warsaw beating Sporting Lisbon in the Champions League.
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…
As you can see, the calculator tells us that our lay stake should be £122.72…
Place £125.00 on Legia Warsaw @ 4.30 = Potential profit of £412.50
Lay £122.72 on Legia Warsaw @ 4.40 = Potential liability of £417.24
Let’s have a look at our potential profit/loss for the possible outcomes…
| Legia Warsaw win | + £412.50 – £417.24 = £4.74 loss |
| Legia Warsaw don’t win | – £100.00 + £120.26 (£122.72 minus 2% commission) = £20.26 profit |
So, if Legia Warsaw win, we’ll be £4.74 down but we’ll be 20% of the way towards releasing our £25.00 bonus as withdrawable cash. If Legia Warsaw don’t win, the offer will be complete and we’ll have a made a nice profit of £20.26 on this ComeOn offer!
I’ll update the bottom of this post with my final profit figure once I’ve met the rollover requirement.
* Legia Warsaw beat Sporting Lisbon 1-0, meaning I needed to place a further bet of £500.00 to complete my rollover. I placed £500.00 on Inter Milan at back odds of 2.00 and lay odds of 2.04, meaning I made an overall profit of £5.41 on this ComeOn offer. *
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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.