NetBet New Customer Offer – Liverpool v Man Utd

Kick-off time (GMT): 17/01/2016 : 14:05

NetBet are running a great enhancement on Liverpool v Manchester United, so if you don’t already have a NetBet account, listen up! By betting on Liverpool to beat Manchester United, we can make a guaranteed profit of £19.07 and here’s how…

NetBet Offer Liverpool v Man Utd 2

To claim this offer, we need to open a new account and enter code ‘PREM10’ in the ‘Deposit Bonus Code’ area at the top of the Cashier page, before making our first deposit.

We will be credited an initial £0.01 as a free bet upon activating the bonus, which confirms that we are eligible to receive the full free bet bonus.

Having looked at the lay odds available, it’s going to be more profitable to place our bets on Liverpool. We must place our FIRST BET of £10.00 on Liverpool to win at the current market price and if our bet wins, we will be paid in cash based on the normal price and will have the extra amount, bringing the bet up to the cumulative payout, credited as a bonus within 48 hours.

The odds of Liverpool beating Man Utd at the time of writing are 2.30, so if Liverpool win the match, we will receive £23.00 in cash and a £57.00 bonus which makes £80.00 in total. Our bonus must be rolled over 3 times at minimum odds of 1.60 and will expire after 60 days if not used. By using straightforward matched betting we should be able to extract £47.00 cash from the £57.00 bonus, giving us total cash returns of £70.00 and effective odds of 7.00.

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 enter our effective odds into my matched betting calculator to work out our correct lay stake…


Back Bet (Bookie)

%

Lay Bet (Betting Exchange)

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

Total profit:
+ Free bet

As you can see, the calculator tells us that our lay stake should be £29.66…

NetBet

Place £10.00 on Liverpool @ 2.30 = Potential profit of £13.00

smarkets white

Lay £29.66 on Liverpool @ 2.38 = Potential liability of £40.93

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

Liverpool win + £13.00 – £40.93 + £47.00 (extracted from £57.00 bonus) = £19.07 profit
Liverpool don't win - £10.00 + £29.07 (£29.66 minus 2% commission) = £19.07 profit

So regardless of the result of the match, we’ll make a guaranteed profit of £19.07 on this NetBet enhanced odds offer for new customers.

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4 Comments

  1. Phil

    January 16, 2016
    / Reply

    Is it possible to get this new customer enhancement as well as the normal £50 bonus for new customers?
    If not isn't the 50% bonus better? Not sure which to go for

    • Matt

      Matt

      January 16, 2016
      / Reply

      Hi Phil. You can only do one offer so it's entirely up to you which one you go for. The standard welcome offer is more profitable but you potentially need more cash to rollover the bonus. This one is more straightforward.

  2. Chris

    January 16, 2016
    / Reply

    Hi Matt, shouldn't the calculator above say back odds of 8.0 if 7/1 making lay stake £33.61 and higher profit?

    • Matt

      Matt

      January 17, 2016
      / Reply

      Hi Chris, I've entered 7.00 because it's taking into account the fact that we need to extract cash from the free bet part of our winnings.


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