After their fantastic in-play offer on Arsenal v Liverpool on Monday, Ladbrokes are back with another great offer this weekend. If both teams score in the game between Swansea and Manchester United, Ladbrokes will refund losing Match Odds (WDW), Half Time/Full Time, Correct Score, First Goalscorer and Scorecast bets up to a maximum of £25.00. Translated into matched betting terms, this gives us a guaranteed minimum profit of £6.51 and here’s how…
Qualifying Bet:
If you’re unfamiliar with qualifying bets, please see my Qualifying Bet Strategy page for a walk-through guide on how they should be done.
Whenever I do these type of offers, I always stick to the correct score market. We need to select a scoreline that sees someone keeping a clean sheet. This ensures that if both teams score, we will automatically qualify for a free bet refund as our qualifying bet will have lost. Having looked at the odds available, I’ve opted for a 0-0 draw.
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 the matched betting calculator.
Place £25.00 on 0-0 draw @ 9.50 = Potential profit of £212.50
Lay £21.63 on 0-0 draw @ 11.00 = Potential liability of £216.30
Let’s have a look at our potential profit/loss for the three outcomes…
| 0-0 draw | +£212.50 – £216.30 = £3.80 loss |
| Not 0-0 draw and both teams score | -£25.00 + £21.20 + £20.00 (extract 80% from our £25.00 free bet) = £16.20 profit |
| Not 0-0 draw and someone keeps a clean sheet | -£25.00 + £21.20 = £3.80 loss |
As things stand, if both teams score, we will make a profit of £16.20, but we’ll lose £3.80 on any other outcome. By placing another lay bet on both teams to score, we can guarantee ourselves a profit on any outcome.
Lay £10.53 on Both Teams to Score @ 1.92 = Potential liability of £9.69
Let’s have a look at our overall profit/loss for the three outcomes…
| 0-0 draw | -£3.80 + £10.32 = £6.52 profit |
| Not 0-0 draw and both teams score | £16.20 – £9.69 = £6.51 profit |
| Not 0-0 draw and someone keeps a clean sheet | -£3.80 + £10.32 = £6.52 profit |
So regardless of the result of the match, we will make a guaranteed minimum profit of £6.51 on this offer.
If you’re unsure how to extract 80% of our £25.00 free bet, check out my Free Bet Strategy page for a walk-through guide on how it should be done.
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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.