888 Sport Offer – The Open Championship 2015

How do you fancy getting double odds on The Open Championship 2015 this week? Well, that’s exactly what we can get with this 888 Sport offer!  Simply place a bet on any Open Championship pre-tournament market at normal odds, and if it wins, 888 Sport will top our winnings up with double the odds.  Translated into matched betting terms, this gives us a guaranteed profit of £3.00 and here’s how…

If you’re unfamiliar with qualifying bets, please see my Qualifying Bet Strategy page for a walkthrough guide on how to place your qualifying bets.

It’s entirely up you what you place your qualifying bet on, but it really needs to be a selection with tight back and lay odds.  Also, the higher the odds the better.

Having looked at the odds available, I’ve opted to place my bet on Jordan Spieth to win The Open Championship outright at fractional odds of 13/2.  As our winnings will be doubled, our effective odds are 13/1, which is 14.00 in decimal form.

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 the matched betting calculator.

888sport

Place £5.00 on Jordan Spieth @ 14.00 = Potential profit of £65.00

smarkets white

Lay £8.16 on Jordan Spieth @ 8.60 = Potential liability of £62.00

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

Jordan Spieth wins +£65.00 – £62.00 = £3.00 profit
Jordan Spieth doesn’t win -£5.00 + £8.00 (£8.16 minus 5% commission) = £3.00 profit

So regardless of the result of the match, we will make a guaranteed profit of £3.00 on this 888 Sport offer!

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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.