The Grand Slam of Darts 2017 is in full swing and you don’t want to miss this Bwin offer. Simply place a bet on any Grand Slam of Darts match and if it loses, Bwin will refund our stake as a free bet, up to a maximum of £10.00. Translated into matched betting terms, this gives us a guaranteed profit of £4.46 and here’s how…
Risk-Free Bet:
This promotion will run from 00:01 on Thursday 9th November 2017 until Sunday 19th November 2017.
Our risk-free bet must be placed pre-match at odds of 1.50 (1/2) or greater, to be eligible.
If our risk-free bet loses, our free bet will be credited within 48 hours and will be valid for 5 days. Free bet stakes are not included in any returns.
It’s entirely up to you what you place your risk-free bet on. Having looked at the odds available, we could place it on Glen Durrant to beat Peter Wright.
I like to place my exchange lay bets with Betfair as they have great liquidity and the site is really easy to use.
We can work out our lay stake using the ‘Risk-Free Bet’ setting on my matched betting calculator…
As you can see, the calculator tells us that our lay stake should be £7.33…
Place £10.00 on Glen Durrant @ 2.95 = Potential profit of £19.50
Lay £7.33 on Glen Durrant @ 3.05 = Potential liability of £15.02
Let’s have a look at our potential profit/loss for the possible outcomes…
| Glen Durrant wins | + £19.50 – £15.02 = £4.48 profit |
| Glen Durrant doesn’t win | – £10.00 + £6.96 + £7.50 (extract 75% from our £10.00 free bet) = £4.46 profit |
So regardless of the outcome, we’ll make a guaranteed minimum profit of £4.46 on this Bwin offer!
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Matt Kirman – Matched 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.