Premier League Darts 2018 Offers – Week 2

The Premier League Darts 2018 is in full swing and the bookies are getting in on the action! There are some great offers available each week, so provided we minimise our qualifying losses, we stand a great chance of making some big profits and here’s how…

Available Offers:

Bookie Offer
Betway Bets settled as a winner (up to £25.00) if your selection loses 7-5
BoyleSports Double winnings (max. stake £20.00) if your selection wins with a 100+ checkout
Paddy Power Money back (up to £10.00) if the match ends in a draw

Qualifying Bets:

If you’re unfamiliar with qualifying bets, please see my Qualifying Bet Strategy page for a walk-through guide on how they should be done.

The strategy is the same for all three offers. We just need to select players with tight back and lay odds in order to minimise our qualifying losses and hope we hit the money back/double winnings triggers.

Here are the eligible matches for Week 2 (Thursday 8th February 2018)…

Time Match
19:15 Michael Smith v Daryl Gurney
20:00 Rob Cross v Simon Whitlock
20:40 Michael van Gerwen v Peter Wright
21:20 Gerwyn Price v Gary Anderson
22:00 Raymond van Barneveld v Mensur Suljovic

The following example is for the Betway offer. Having looked at the odds available for Raymond van Barneveld v Mensur Suljovic, we could place our qualifying bet on Raymond van Barneveld.

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 calculate our lay stakes 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 £24.42…

Betway logo

Place £25.00 on Raymond van Barneveld @ 2.10 = Potential profit of £27.50

Betfair logo

Lay £24.42 on Raymond van Barneveld @ 2.20 = Potential liability of £29.30

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

Raymond van Barneveld wins + £27.50 – £29.30 = £1.80 loss
Raymond van Barneveld loses 7-5 + £25.00 + £23.19 (£24.42 minus 5% commission) = £48.19 profit
Raymond van Barneveld doesn’t win by other scoreline – £25.00 + £23.19 = £1.81 loss

So, if Raymond van Barneveld loses 7-5, we’ll make a nice profit of £48.19. Any other outcome and we’ll have made a maximum loss of £1.81. Risking £1.81 to make a profit of £48.19, gives us effective odds of 27.62. So, given that the odds of van Barneveld losing are 6.50, this is a profitable offer in the long run.

I’ll update the following tables with some actual selections after the matches have been played…

Betway Offer

Match Selection Back Odds Lay Odds Qualifying Loss Potential Profit
van Barneveld v Suljovic van Barneveld 2.10 2.20 £1.80 £48.19
Smith v Gurney Smith 2.625 2.74 £1.82 £48.18

BoyleSports Offer

Match Selection Back Odds Lay Odds Qualifying Loss Potential Profit
van Barneveld v Suljovic van Barneveld 2.10 2.18 £1.26 £15.24

Paddy Power Offer

Match Selection Back Odds Lay Odds Qualifying Loss Potential Profit
Smith v Gurney Smith 2.70 2.74 £0.46 £7.03
Cross v Whitlock Cross 1.571 1.58 £0.25 £7.25

* No bonus/refund triggers were hit, resulting in an overall loss of £5.59 on these Premier League Darts offers. *

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 £85,000 worth of profit, and made it my mission to make matched betting accessible to everyone.