Premier League Darts Offer – MoPlay

It’s Week 8 of the Premier League Darts 2019 on Wednesday and you don’t want to miss this MoPlay ‘Bet £10, Get £5’ offer! Simply bet £10.00+ via mobile on Gerwyn Price v Michael Smith and MoPlay will give us a £5.00 free bet to use on any other match the same night. Translated into matched betting terms, this gives us a guaranteed profit of £3.21 and here’s how…

Key Terms:

  • We must bet £10.00 or more on Gerwyn Price v Michael Smith (19:10) on Wednesday 27th March 2019.
  • Qualifying bets must be placed via mobile at odds of 1.50 (1/2) or greater.
  • Qualifying bets can be placed pre-match or in play.
  • We must opt in to receive our free bet 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 Michael Smith 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…

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 £9.40…

MoPlay logo

Place £10.00 on Michael Smith @ 2.35 = Potential profit of £13.50

Smarkets logo

Lay £9.40 on Michael Smith @ 2.52 = Potential liability of £14.28

Outcomes:

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

Outcome Bookie Exchange Profit/Loss
Michael Smith wins +£13.50 -£14.28 £0.78 loss
Michael Smith doesn’t win -£10.00 +£9.21 £0.79 loss

So, regardless of the outcome, we’ll lose a maximum of £0.79 in qualifying for our £5.00 free bet.

Free Bet:

Our £5.00 free bet should be credited within 20 minutes of our qualifying bet being settled and will be valid on any other Premier League Darts match being played on Wednesday 27th 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 £0.79, this gives us a guaranteed profit of £3.21 on this MoPlay offer!

* Michael Smith won the match 7-5, resulting in a profit of £3.22 on this MoPlay offer. *

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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.