The Indian Premier League 2019 is underway and you don’t want to miss this MoPlay ‘Bet £10, Get £5’ offer! Simply bet £10.00+ via mobile on Knight Riders v Sunrisers and MoPlay will give us a £5.00 free bet to use on Indians v Capitals. Translated into matched betting terms, this gives us a guaranteed profit of £3.27 and here’s how…
Key Terms:
- We must bet £10.00 or more on Kolkata Knight Riders v Sunrisers Hyderabad.
- Qualifying bets must be placed via mobile at odds of 1.50 (1/2) or greater.
- We must opt in to receive our free bets by clicking ‘Accept’ when prompted by the pop up which appears after our qualifying bet has settled.
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 what you place your qualifying bet on. Having looked at the odds available, we could place our qualifying bet on Kolkata Knight Riders in the Winner FT market.
At the time of writing, laying our bet at Smarkets gives us the biggest guaranteed profit.
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 £9.46…
Place £10.00 on Kolkata Knight Riders @ 1.76 = Potential profit of £7.60
Lay £9.46 on Kolkata Knight Riders @ 1.88 = Potential liability of £8.32
Outcomes:
Let’s have a look at our potential profit/loss for the possible outcomes…
| Outcome | Bookie | Exchange | Profit/Loss |
|---|---|---|---|
| Knight Riders win | +£7.60 | -£8.32 | £0.72 loss |
| Knight Riders don’t win | -£10.00 | +£9.27 | £0.73 loss |
So, regardless of the outcome, we’ll lose a maximum of £0.73 in qualifying for our £5.00 free bet.
Free Bet:
Our £5.00 free bet should be credited within 30 minutes of our qualifying bet being settled and will be valid on Mumbai Indians v Delhi Capitals (14:30) on Sunday 24th March 2019. 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 £5.00 free bet, so £4.00. If we take into account our maximum qualifying loss of £0.73, this gives us a guaranteed profit of £3.27 on this MoPlay offer!
* Kolkata Knight Riders won the match by 6 wickets, resulting in a profit of £3.28 on this MoPlay 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.