LeoVegas Offer – Leicester Tigers v Northampton Saints

Leicester Tigers face Northampton Saints in the Anglo Welsh Cup today and you don’t want to miss this LeoVegas offer! Simply place a £20.00 bet via mobile on Leicester Tigers v Northampton Saints, and LeoVegas will give us some freebies depending on how Leicester Tigers fare in the match. Translated into matched betting terms, this gives us a potential profit of £6.72 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 it should be done.

The following table shows what we’ll receive depending on how Leicester Tigers fare in the match…

Trigger Reward
Qualifying bet £5.00 bonus to use in Live Casino
Leicester win 20 free spins on Rainbow Riches slot
Leicester pick up maximum 5 points* £10.00 free bet

* A team wins 5 points by winning the match (4 points) and scoring 4 or more tries (bonus point).

Our £20.00+ qualifying bet must be placed via mobile at odds of 1.50 (1/2) or greater, to be eligible. It can be placed pre-match or in play.

At the time of writing, the lay odds are poor, so I’ll use fictional odds in the following example and I’ll update the bottom of the post with my actual selection after the game.

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…

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 £19.10…

leovegas

Place £20.00 on Northampton @ 2.75 = Potential profit of £35.00

smarkets whiteLay £19.10 on Northampton @ 2.90 = Potential liability of £36.28

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

Leicester win 4 points + £35.00 – £36.28 = £1.28 loss
Leicester win 5 points + £35.00 – £36.28 + £8.00 (extract 80% from £10.00 free bet) = £6.72 profit
Leicester don’t win – £20.00 + £18.72 = £1.28 loss

So, if Leicester win the maximum 5 points, we’ll make a nice profit of £6.72. Any other outcome and we’ll have made a small loss of £1.28. Risking £1.28 to make a profit of £6.72, gives us effective odds of 6.25, but we’ve also got the £5.00 Live Casino bonus and 20 potential free spins to come.

If you’re not sure how to extract 80% cash from a free bet, please see my Free Bet Strategy page for a walk-through guide on how it should be done.

* I was unable to find a suitable qualifying loss, so I decided to give this one a miss. *

Got a question?
Leave me a comment below

I usually respond within 24 hours.

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.