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10Bet Offer – Premier League Darts 2017

It’s Week 6 of the Premier League Darts 2017 and 10Bet are getting in on the action! Simply place a pre-match Winner bet on any match in the Betway Premier League, and if the match ends in a draw, 10Bet will refund losing stakes as a free bet, up to £10.00. Translated into matched betting terms, this gives us an overall potential profit of £30.00+ and here’s how…

Qualifying Bets:

The schedule for tonight (Thursday 9th March 2017) is as follows…

Start time Fixture
19:20 Adrian Lewis v Phil Taylor
20:00 James Wade v Peter Wright
20:45 Kim Huybrechts v Michael van Gerwen
21:30 Jelle Klaasen v Raymond van Barneveld
22:15 Dave Chisnall v Gary Anderson

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.

We’ll need to place our bets on either player to win in the ‘Winner FT’ market. There are 12 legs in each match, so if the match ends in a 6-6 draw, 10Bet will refund losing bets as a free bet, up to a maximum of £10.00.

It’s entirely up to you who you go for. Having looked at the odds available for Adrian Lewis v Phil Taylor, I’ve opted to place my qualifying bet on Phil Taylor.

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 £10.10…

10bet logo

Place £10.00 on Phil Taylor @ 2.00 = Potential profit of £10.00

smarkets whiteLay £10.10 on Phil Taylor @ 2.00 = Potential liability of £10.10

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

Taylor wins + £10.00 – £10.10 = £0.10 loss
Draw – £10.00 + £9.90 + £8.00 (extract 80% from £10.00 free bet) = £7.90 profit
Lewis wins – £10.00 + £9.90 = £0.10 loss

So, if the match is drawn, we’ll make a nice profit of £7.90. Any other outcome and we’ll make a small loss of £0.10. Risking £0.10 to make a profit of £7.90, gives us effective odds of 80.00, which I’m sure you’ll agree, makes this a profitable offer in the long run.

This offer is available on all five matches. It’s entirely up to you what you place your qualifying bets on. I’ll update the following table with my actual selections throughout the day…

Fixture Selection Back Odds Lay Odds Qualifying Loss Potential Profit
Lewis v Taylor Taylor 2.00 2.00 £0.10 £7.90
Wade v Wright Wright 1.71 1.71 £0.08 £7.92
Huybrechts v van Gerwen van Gerwen 1.217 1.26 £0.38 £7.62
Klaasen v van Barneveld van Barneveld 1.833 1.93 £0.60 £7.40
Chisnall v Anderson Anderson 1.526 1.67 £0.93 £7.06

If eligible, our free bets will be credited within 24 hours of our qualifying bets being settled and will be valid for 7 days. Free bet stakes are not included in any returns.

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.

Got a question?

Ask the community on Discord, or leave me a comment below.
I usually respond within 24 hours.

Matt KirmanMatched Betting Blogger

Since 2014, I’ve blogged over £100,000 worth of profit, and made it my mission to make matched betting accessible to everyone.