There’s a big day of Premier League action to look forward to and you don’t want to miss this 12Bet price boost. They’ve enhanced Tottenham, Man City and Liverpool all to win from 9/4 to a tasty 4/1! Translated into matched betting terms, this gives us a risk-free potential profit of £9.62 and here’s how…
Price Boost Bet:
The maximum stake for this price boost is £10.00.
The normal odds on Tottenham, Man City and Liverpool all winning are 3.26. This means that if our treble wins, we will receive £32.60 in cash (normal odds) and a £17.40 free bet (price boost up to 5.00). We know we can extract 80% of any free bet as cash, so in this case £13.92, giving us total cash returns of £46.52 and a profit of £36.52.
As all three matches kick-off at different times and don’t overlap, we can lay each leg sequentially for a risk-free potential profit.
We start by placing a lay bet on Tottenham in the first match. If Tottenham don’t win, our treble has lost and we’ve broken even. If Tottenham do win, we can then place our next lay bet on Man City. When laying sequentially, we continue placing our lay bets so long as our teams keep winning.
We can calculate our lay stakes using my Sequential Lay Calculator. To calculate our ‘effective’ back odds, we just need to divide our cash returns of £46.52 by our £10.00 stake, which equals 4.652…
Match 1: West Ham v Tottenham (Kick-Off: 12:30)
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.
If Tottenham win | – £6.63 = – £6.63 |
If Tottenham don’t win | – £10.00 + £10.00 = £0.00 |
So, if Tottenham don’t win, the offer will be over and we’ll have broken even. However, if Tottenham do win, we’ll have lost £6.63 so far.
Match 2: Man City v Crystal Palace (Kick-Off: 15:00)
If Man City win | – £6.63 – £2.71 = – £9.34 |
If Man City don’t win | – £10.00 – £6.63 + £16.63 = £0.00 |
So, if Man City don’t win, the offer will be over and we’ll have broken even. However, if Man City do win, we’ll have lost £9.34 so far.
Match 3: Leicester v Liverpool (Kick-Off: 17:30)
If Liverpool win | + £36.52 – £6.63 – £2.71 – £17.56 = £9.62 profit |
If Liverpool don’t win | – £10.00 – £6.63 – £2.71 + £19.34 = £0.00 |
So, if any of Tottenham, Man City or Liverpool fail to win along the way, we’ll have broken even and there’s no harm done. However, if all three teams win, we’ll have made a nice risk-free profit of £9.62!
I’d like to point out that the above workings are based on the lay odds that were available at the time of writing. If the lay odds fluctuate before we are able to place our lay bets, this may result in us making more potential profit, less potential or even a slight loss, so please bear that in mind before deciding whether or not to do this 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.