William Hill Offer – Watford v Manchester United

Manchester United travel to Watford in the early kick-off on Saturday and William Hill are enhancing them from 10/11 to 2/1 for a limited time only. The offer goes live at 12:00 on Saturday 21st November 2015 and there’s a maximum stake of £10.00. Translated into matched betting terms, this gives us a guaranteed profit of £4.13 and here’s how…

We can work out our lay stake using the following 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 £14.42…

williamhill

Place £10.00 on Man Utd @ 3.00 = Potential profit of £20.00

smarkets white

Lay £14.42 on Man Utd @ 2.10 = Potential liability of £15.87

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

Man Utd win +£20.00 – £15.87 = £4.13 profit
Man Utd don’t win -£10.00 + £14.13 (£14.42 minus 2% commission) = £4.13 profit

So regardless of the result of the match, we will make a guaranteed profit of £4.13 on this William Hill price boost.

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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.