Liverpool host Arsenal in the Premier League on Sunday and 10Bet are getting in on the action! Simply bet £20.00+ pre-match on either Liverpool or Arsenal to win the match and if our bet doesn’t win, 10Bet will give us a £5.00 free bet for every goal our team scores! Translated into matched betting terms, this gives us a potential profit of £11.15 and here’s how…
Qualifying Bet:
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.
It’s entirely up to you who you place your qualifying bet on, as long as you place it pre-match on either Liverpool or Arsenal in the ‘1X2 FT’ market. Having looked at the odds available, I’ve opted to place my qualifying bet on Liverpool.
I like to place my exchange lay bets with Smarkets as they have great liquidity, the site is really easy to use and they only charge 2% commission in comparison to the 5% charged by other betting exchanges.
We can calculate our lay stakes using my matched betting calculator…
As you can see, the calculator tells us that our lay stake should be £19.55…
Place £20.00 on Liverpool @ 2.15 = Potential profit of £23.00
Lay £19.55 on Liverpool @ 2.22 = Potential liability of £23.85
Let’s have a look at our potential profit/loss for the possible outcomes…
| Liverpool win | + £23.00 – £23.85 = £0.85 loss |
| Liverpool don’t win | – £20.00 + £19.15 (£19.55 minus 2% commission) = £0.85 loss |
So, regardless of the result of the match, we’ll lose £0.85 in qualifying for our potential free bets.
Free Bets:
If Liverpool win the match, we won’t receive any free bets and we’ll have made a loss of £0.85. However, if Liverpool don’t win the match, we’ll receive a £5.00 free bet for every goal they score in the game. Free bets will be credited within 24 hours of our qualifying bet settling and will be valid for 3 days. Free bet stakes are not included with any returns.
By using straightforward matched betting, we should be able to extract 80% of any free bets as cash.
Therefore, if Liverpool score 3 goals and fail to win the match, we’ll receive £15.00 in free bets, from which we can extract £12.00 cash. If we take into account our qualifying loss of £0.85, this gives us a potential profit of £11.15 on this 10Bet offer!
* Liverpool won the match 4-0, meaning I made a loss of £0.85 on this 10Bet offer. *
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Matt Kirman – Matched 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.