LeoVegas Offer – Boxing Day 100% Profit Boost

There’s plenty of Premier League action to look forward to today and you don’t want to miss this LeoVegas profit boost. Simply place a Premier League treble today and LeoVegas will give us a 100% profit boost! Translated into matched betting terms, this gives us a guaranteed profit of £15.28 and here’s how…

Profit Boost Bet:

This offer is only available via MOBILE.

The maximum stake for this offer is £25.00 and our profit boost must be selected under ‘Bonus offers’ on our betslip. Profit boosts will be paid in cash.

It’s entirely up to you which three teams you include in your Premier League treble.

I’ve opted to place my £25.00 treble on Watford (2.55), Burnley (2.95) and Man City (1.363) at combined odds of 10.26. With the 100% profit boost added on my betslip, I get total odds of 19.52.

Due to the fact that my selected games don’t overlap, we can lay each leg sequentially to guarantee ourselves a profit.

leovegas

Place £25.00 on Watford, Burnley & Man City @ 19.52 = Potential profit of £463.00

Match 1: Watford v Crystal Palace (Kick-Off: 12:30)

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.

I’ve decided to guarantee myself £20.00 profit regardless of how the games pan out, so on the first match, we need to cover our original stake of £25.00 plus our profit of £20.00. If we divide £45.00 by 0.98 (to account for the 2% Smarkets commission), this gives us a lay stake of £45.92…

smarkets white

Lay £45.92 on Watford @ 2.58 = Potential liability of £72.55

If Watford win – £72.55 = – £72.55
If Watford don’t win – £25.00 + £45.00 = £20.00 profit

So, if Watford don’t win, the offer will be over and we’ll have made a profit of £20.00. However, if Watford do win, we’ll have lost £72.55 so far.

Match 2: Burnley v Middlesbrough (Kick-Off: 15:00)

So, if Watford win, this means on the next match, we need to cover the £72.55 loss from the first match, the original stake of £25.00 plus our profit of £20.00. If we divide £117.55 by 0.98 (to account for the 2% Smarkets commission), this gives us a lay stake of £119.95…

smarkets white

Lay £119.95 on Burnley @ 2.98 = Potential liability of £237.50

If Burnley win – £72.55 – £237.50 = – £310.05
If Burnley don’t win – £72.55 – £25.00 + £117.55 = £20.00 profit

So, if Burnley don’t win, the offer will be over and we’ll have made a profit of £20.00. However, if Burnley do win, we’ll have lost £310.05 so far.

Match 3: Hull City v Man City (Kick-Off: 17:15)

So, if Burnley win, this means on the final match, we need to cover the £310.05 loss so far, the original stake of £25.00 and our profit of £20.00. If we divide £355.05 by 0.98 (to account for the 2% Smarkets commission), this gives us a lay stake of £362.30…

smarkets white

Lay £362.30 on Man City @ 1.38 = Potential liability of £137.67

If Man City win + £463.00 – £72.55 – £237.50 – £137.67 = £15.28 profit
If Man City don’t win – £72.55 – £237.50 – £25.00 + £355.05 = £20.00 profit

So, if Man City win, we’ll have made a profit of £15.28. If, however, Man City don’t win, we’ll have made a profit of £20.00 on this LeoVegas offer!

I’d like to point out that the above workings are based on the lay odds that were available at the time of writing. If the lay odds fluctuate before we are able to place our lay bets, this may result in us making more potential profit, less potential or even a slight loss, so please bear that in mind before deciding whether or not to do this offer.

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Matt Kirman - Matched Betting Blogger

Matt KirmanMatched 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.