TonyBet Offer – Atletico Madrid v PSV & Bayern Munich v Juventus

The Champions League Round of 16 concludes this week and this TonyBet offer is not to be missed. Place a £5.00 Correct Score bet on Atletico Madrid v PSV Eindhoven and/or Bayern Munich v Juventus and if it loses, TonyBet will refund us as a bonus up to a maximum of £5.00. Translated into matched betting terms, this gives us a guaranteed minimum profit of £5.90 and here’s how…

Qualifying Bets:

For this offer we need to select correct scores that have tight back and lay odds. If we underlay our bets instead of matching them completely, we can guarantee ourselves a profit on any outcome. Having looked at the odds available for Atletico Madrid v PSV Eindhoven, I’ve opted to place my qualifying bet on 2-0 to Atletico Madrid.

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 the ‘Risk-Free Bet’ setting on my matched betting calculator…

Back Bet (Bookie)

%

Lay Bet (Betting Exchange)

%

Min £
Max £
Lay stake required: £
Bookie
Exchange
Cashback
Total
If back (bookie) bet wins
£
£
£
= £
If lay (exchange) bet wins
£
£
£
= £
Total profit: £

Optimal Underlay

Lay stake required: £
Exchange liability: £

If back (bookie) bet wins: £
If lay (exchange) bet wins: £

Optimal Overlay

Lay stake required: £
Exchange liability: £

If back (bookie) bet wins: £
If lay (exchange) bet wins: £

As you can see, the calculator tells us that our lay stake should be £3.52…

tonybet

Place £5.00 on 2-0 Atletico Madrid @ 5.25 = Potential profit of £21.25

smarkets white

Lay £3.52 on 2-0 Atletico Madrid @ 6.20 = Potential liability of £18.30

Let’s have a look at our potential profit/loss for the possible outcomes…

2-0 Atletico Madrid +£21.25 – £18.30 = £2.95 profit
Not 2-0 Atletico Madrid -£5.00 + £3.45 + £4.50 (extract 90% from our £5.00 bonus) = £2.95 profit

So, regardless of the result of the match, we will make a guaranteed minimum profit of £2.95. If we follow the same strategy for Bayern Munich v Juventus on Wednesday, we should make a total guaranteed minimum profit of £5.90 on this TonyBet offer.

The above calculations are made on the basis that, should our correct score bet lose, we can extract 90% from our £5.00 bonus as cash, so £4.50. This is because any bonuses we receive must be rolled over once at minimum odds of 1.85 or above.

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Matt Kirman - Matched Betting Blogger

Matt KirmanMatched Betting Blogger

Since 2014, I’ve blogged over £70,000 worth of profit, and made it my mission to make matched betting accessible to everyone.