£14.20
Potential Profit
£6.20
Guaranteed Profit
£14.20
Actual Profit

ESL Pro League Offer – Betway


Posted by Matt (administrator) Matt
Start Time: 12/04/2020 15:25

It’s the ESL Pro League Season 11 Europe Grand Final on Sunday and you don’t want to miss this Betway ‘Bet £20, Get £10’ offer! Simply place a £20.00+ pre-match bet on Fnatic v mousesports and Betway will give us a £10.00 free bet, plus an extra £10.00 free bet if an Ace is scored in the match. Translated into matched betting terms, this gives us a guaranteed profit of £6.20 and here’s how…

Key Terms:

  • We must bet £20.00+ on Fnatic v mousesports.
  • Our bet must be placed before 15:25 (match starts) on Sunday 12th April 2020.
  • Qualifying bets must be placed at odds of 1.50 (1/2) or greater.

Qualifying Bet:

If you’re unsure about how to place qualifying bets, check out my Qualifying Bet Strategy page for a walk-through guide on how they 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 mousesports in the Match Winner market.

Having looked at the odds available, laying our bet with Betfair gives us the smallest qualifying loss.

Betfair are currently offering new customers 0% commission up to £500 for the first 30 days.

Banner showing the zero commission sign up offer from Betfair

Banner showing the zero commission sign up offer from Betfair

If you’re an existing Betfair customer, you can opt in to pay just 2% commission by selecting their Basic reward plan.

For more information about My Betfair Rewards and how to opt in, please see my Betfair 2% Commission page.

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 £18.58…

Betway logo

Place £20.00 on mousesports @ 1.70 = Potential profit of £14.00

Betfair logo

Lay £18.58 on mousesports @ 1.85 = Potential liability of £15.79

Outcomes:

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

OutcomeBookieExchangeProfit/Loss
mousesports win+£14.00-£15.79£1.79 loss
mousesports don't win-£20.00+£18.20£1.80 loss

So, regardless of the outcome, we’ll lose a maximum of £1.80 in qualifying for our £10.00 free bet.

Free Bet(s):

Our £10.00 free bet will be credited within 24 hours of our qualifying bet being settled and will be valid for 7 days. Free bet stakes are not included in any returns.

By using straightforward matched betting, we should be able to extract 80% cash from our £10.00 free bet, so £8.00. If we take into account our maximum qualifying loss of £1.80, this gives us a guaranteed profit of £6.20 on this Betway offer!

If an Ace is scored in the match, we’ll receive an additional £10.00 free bet, giving us an overall potential profit of £14.20 on this Betway offer!

* Fnatic won the match 3-2 and there were two Aces scored, resulting in a profit of £14.20 on this Betway offer. *

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