The Cricket World Cup 2019 gets underway on Thursday and you don’t want to miss this Genting Bet offer! Simply bet £25.00+ on the ICC World Cup Winner market and Genting Bet will give us a £2.00 free bet every time our selected team wins a match in the group stage. Translated into matched betting terms, this gives us a potential profit of £11.56 and here’s how…
Key Terms:
- We must bet £25.00+ on the 2019 ICC World Cup – Outright Winner market.
- Qualifying bets must be placed between 00:00 on Thursday 23rd May 2019 and 10:30 (first ball) on Thursday 30th May 2019.
- We’ll receive a £2.00 free bet every time our selected team wins a match in the group stage.
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.
It’s entirely up to you which team you place your qualifying bet on. Having looked at the odds available, we could place our qualifying bet on England.
At the time of writing, laying our bet at Smarkets gives us the smallest qualifying loss.
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 £22.60…
Place £25.00 on England @ 2.875 = Potential profit of £46.88
Lay £22.60 on England @ 3.20 = Potential liability of £49.72
Outcomes:
Let’s have a look at our potential profit/loss for the possible outcomes…
| Outcome | Bookie | Exchange | Profit/Loss |
|---|---|---|---|
| England win | +£46.88 | -£49.72 | £2.84 loss |
| England don’t win | -£25.00 | +£22.14 | £2.86 loss |
So, regardless of the outcome, we’ll lose a maximum of £2.86 in qualifying for our potential free bets.
Free Bets:
We’ll receive a £2.00 free bet every time England win a group stage match. So, if England win all nine of their group stage matches, we’ll receive £18.00 in free bets.
Free bets will be credited within 24 hours and will be valid for 3 days. Free bet stakes will not be included in any returns.
By using straightforward matched betting, we should be able to extract 80% cash from our £18.00 in free bets, so £14.40. If we take into account our minimum qualifying loss of £2.84, this gives us a potential profit of £11.56 on this Genting Bet offer!
* England won the tournament, having won 6 group stage matches, resulting in a profit of £6.76 on this Genting Bet offer. *
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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.