The Champions League Quarter-Finals get underway this week and this TonyBet offer is not to be missed. Place a £5.00 Correct Score bet on Barcelona v Atletico Madrid and/or PSG v Manchester City 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 £5.64 and here’s how…
Qualifying Bets:
For this offer we need to select correct scores that have tight back and lay odds. If we treat this as a risk-free bet offer and underlay our bets instead of matching them completely, we can guarantee ourselves a profit on any outcome. Having looked at the odds available for Barcelona v Atletico Madrid, I’ve opted to place my qualifying bet on 1-0 to Barcelona.
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…
As you can see, the calculator tells us that our lay stake should be £3.39…
Place £5.00 on 1-0 Barcelona @ 5.50 = Potential profit of £22.50
Lay £3.39 on 1-0 Barcelona @ 6.80 = Potential liability of £19.68
Let’s have a look at our potential profit/loss for the possible outcomes…
1-0 Barcelona | + £22.50 – £19.68 = £2.82 profit |
Not 1-0 Barcelona | -£5.00 + £3.32 + £4.50 (extract 90% from our £5.00 bonus) = £2.82 profit |
So, regardless of the result of the match, we will make a guaranteed minimum profit of £2.82. If we follow the same strategy for PSG v Manchester City on Wednesday, we should make a total guaranteed minimum profit of £5.64 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
Since 2014, I’ve blogged over £85,000 worth of profit, and made it my mission to make matched betting accessible to everyone.