10Bet Offer – Real Madrid v Atletico Madrid

The Champions League Final will be a Madrid derby for the second time in three years on Saturday and 10Bet are getting in on the action! Simply opt-in to the promotion and bet £30.00 on Real Madrid v Atletico Madrid, and 10Bet will give us a £10.00 free bet. Translated into matched betting terms, this gives us a guaranteed profit of £6.66 and here’s how…

Qualifying Bet:

We must opt-in on the promotion page to be eligible for this offer.

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.

Qualifying bets can be placed pre-match or in play on the Champions League Final at minimum odds of 1.60 (3/5) or greater to be eligible.

It’s entirely up to you what you place your qualifying bet on. Having looked at the odds available, I’ve opted to place my qualifying bet on a draw.

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…

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 £29.25…

10bet

Place £30.00 on a draw @ 3.10 = Potential profit of £63.00

smarkets white

Lay £29.25 on a draw @ 3.20 = Potential profit of £64.34

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

Draw + £63.00 – £64.34= £1.34 loss
Not a draw – £30.00 + £28.66 = £1.34 loss

So, regardless of the result of the match, we will lose £1.34 in qualifying for our £10.00 free bet.

Free Bet:

Our £10.00 free bet will be credited upon placement of our qualifying bet and must be used on any sport within 10 days. Free bet stakes are not included in any returns.

By using straightforward matched betting, we should be able to extract 80% of our £10.00 free bet as cash, so around £8.00. If we take into account our qualifying loss of £1.34, this gives us a guaranteed profit of £6.66 on this 10Bet offer.

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Matt Kirman - Matched Betting Blogger

Matt KirmanMatched Betting Blogger

Since 2014, I’ve blogged over £70,000 worth of profit, and made it my mission to make matched betting accessible to everyone.