New England Patriots take on Atlanta Falcons in the Super Bowl tonight and you don’t want to miss this 188BET offer! If LeGarrette Blount scores a touchdown in Super Bowl 51, 188BET will refund losing bets on ALL pre-match markets as a free bet, up to a maximum of £25.00. Translated into matched betting terms, this gives us a potential profit of £20.80 and here’s how…
Qualifying Bet:
If you’re unfamiliar with qualifying bets, please see my Qualifying Bet Strategy page for a walk-through guide on how they should be done.
Qualifying bets must be placed between 00:01 on Friday 3rd February 2017 and 23:30 (kick-off) on Sunday 5th February 2017 to be eligible.
It’s entirely up to you what you place your qualifying bet on. LeGarrette Blount is a running back for New England Patriots. Having looked at the odds available, I’ve opted to place my qualifying bet on Atlanta Falcons in the ‘Winner’ market.
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 my matched betting calculator…
As you can see, the calculator tells us that our lay stake should be £22.50…
Place £25.00 on Atlanta Falcons @ 2.16 = Potential profit of £29.00
Lay £22.50 on Atlanta Falcons @ 2.42 = Potential liability of £31.95
Let’s have a look at our potential profit/loss for the possible outcomes…
| Falcons win | + £29.00 – £31.95 = £2.95 loss |
| Falcons don’t win and Blount scores a touchdown | – £25.00 + £22.05 + £23.75 (extract 95% from our £25.00 stake refund) = £20.80 profit |
| Falcons don’t win and Blount doesn’t score a touchdown | – £25.00 + £22.05 = £2.95 loss |
So, if Atlanta Falcons don’t win and Blount scores a touchdown, we’ll make a nice profit of £20.80. Any other outcome and we’ll have made a loss of £2.95. Risking £2.95 to make a profit of £20.80, gives us effective odds of 8.05, so given that the odds of Blount scoring a touchdown are only 1.667, this is a profitable offer in the long run.
Stake refunds just need rolling over once at minimum odds of 1.90 or greater before we are able to withdraw. The above calculations are therefore based on the assumption that, by using straightforward matched betting, we should be able to extract 95% cash from our £25.00 stake refund.
To claim our stake refund, we must email the promotion code ‘SUPER25’, our bet ID number and our 188BET member code to promo@188bet.co.uk using our registered email address by 23:59 (GMT) on Monday 6th February 2017. Free bets will be credited within 48 hours of a successful claim being submitted.
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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.