£6.38
Guaranteed Profit
£6.38
Actual Profit

League of Legends Worlds Offer (Week 2) – Midnite


Posted by Matt (administrator) Matt
Start Time: 03/10/2020 09:00

The League of Legends World Championship 2020 continues this week and you don’t want to miss this Midnite free bet offer. Simply place a £10.00+ bet on any Dragon market and Midnite will give us a £5.00 bet credit next week, plus a £5.00 bet credit for the Grand Final. Translated into matched betting terms, this gives us a guaranteed profit of £6.38 and here’s how…

Key Terms:

  • Minimum stake of £10.00.
  • Minimum odds of 1.80 (4/5).
  • Applies to bets placed on any Dragon market during the Group stage.
  • Applies to bets placed between Saturday 3rd October 2020 and Sunday 11th October 2020.

NOTE: The Dragon markets aren’t likely to be found on the exchanges, so you’ll need to dutch your qualifying bet at another bookmaker. Bet365 and Sky Bet are two bookmakers worth looking at as they offer plenty of Esports markets.

Qualifying Bet:

This offer is available for all 4 weeks of the League of Legends World Championship 2020. This post is specifically for Week 2, which is the Group stage of the tournament. We must place our bet on a Dragon market, to be eligible for the free bets.

Having looked at the odds available for DAMWON v JD Gaming on Saturday 3rd October 2020, we could place our qualifying bet on JD Gaming in the Map 1 – Team to Slay First Dragon market at odds of 2.00 (evens).

At the time of writing, Bet365 have the best odds for DAMWON Gaming in the same market at 1.80 (4/5).

We can calculate our DAMWON Gaming stake using the ‘First Selection‘ and ‘Standard Bet‘ settings on my Dutching Calculator

Select bet type

Selection 1

/
%
Stake
-
Return
-
Profit/Loss
-

Selection 2

/
%
Stake
-
Return
-
Profit/Loss
-
Total stake
-

As you can see, the calculator tells us to stake £11.11 on DAMWON Gaming in the Map 1 – First Team To Slay Dragon market…

Midnite logo

Place £10.00 on JD Gaming to slay the first dragon @ 2.00 = Potential profit of £10.00

Bet365 logo

Place £11.11 on DAMWON Gaming to slay the first dragon @ 1.80 = Potential profit of £8.88

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

Outcome Midnite Bet365 Profit/Loss
JD Gaming slay the first dragon +£10.00 -£11.11 £1.11 loss
DAMWON Gaming slay the first dragon -£10.00 +£8.88 £1.12 loss

So, worst case scenario, we’ll lose a maximum of £1.12 in qualifying for our 2 x £5.00 free bets.

Free Bets:

We’ll receive a £5.00 bet credit for next week’s challenge, plus a £5.00 bet credit to use on the Grand Final. Bet credits for the final will be awarded at least 24 hours prior to the event. Bet credits are not bound by any wagering requirements.

Using straightforward matched betting, we should be able to convert our free bets into 75% cash, so £7.50. If we take into account our maximum qualifying loss of £1.12, this gives us a guaranteed profit of £6.38 on this Midnite offer!

* DAMWON Gaming slayed the first dragon in their match against JD Gaming, resulting in a profit of £6.38 on this Midnite offer. *

Comments


  1. Paul C

    Guest user

    Did people get their £5 credit from last week? I am still waiting. They have no live chat. You have to message them.

    +0
    Reply
  2. Steve55

    Guest user

    Hi Matt… Am I right that esport games are ok to dutch because there is no draw involved in the result??

    +0
    Reply
    1. Matt

      341

      That’s correct Steve.

      +0
      Reply
  3. Steve55

    Guest user

    Thanks for the reply Matt… Much appreciated

    +0
    Reply

Post a comment


Your email address will not be published. Required fields are marked *