Real Madrid host Dortmund in the Champions League tonight and NetBet are getting in on the action! They’re enhancing ‘Over 3.5 Goals’ in Real Madrid v Dortmund from 6/5 to a tasty 11/5! Translated into matched betting terms, this gives us a guaranteed profit of £3.01 and here’s how…
Price Boost:
We must opt in on the promotion page before 23:59 on Thursday 8th December 2016, to be eligible for any free bets.
The maximum stake for this price boost is £10.00.
If our bet wins, we will be paid in cash at the normal price (6/5) and the enhancement will be paid in free bets on Friday 9th December 2016. Free bets will be valid for 7 days and free bet stakes are not included in any returns. The maximum free bet that can be received is £10.00.
We need to work out our effective odds. If our £10.00 bet wins, we will receive £22.00 in cash and a £10.00 free bet. We know that by using straightforward matched betting, we should be able to extract 80% cash from our £10.00 free bet, so £8.00. This gives us total cash returns of £30.00 and effective odds of 3.00.
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 my matched betting calculator…
As you can see, the calculator tells us that our lay stake should be £13.27…
Place £10.00 on ‘Over 3.5 Goals’ @ 3.00 = Potential profit of £20.00
Lay £13.27 on ‘Over 3.5 goals’ @ 2.28 = Potential liability of £16.99
Let’s have a look at our profit/loss for the two potential outcomes…
| 4 or more goals scored | + £20.00 – £16.99 = £3.01 profit |
| 3 or less goals scored | – £10.00 + £13.01 (£13.27 minus 2% commission) = £3.01 profit |
So, regardless of the result of the match, we will make a guaranteed profit of £3.01 on this NetBet 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.