Tottenham host Real Madrid in the Champions League tonight and you don’t want to miss this 188BET offer! If Ronaldo scores at any time during Tottenham v Real Madrid, 188BET will refund losing pre-match 1X2, First/Anytime Goalscorer, Correct Score and Half-Time/Full-Time mobile bets as a free bet, up to a maximum of £25.00. Translated into matched betting terms, this gives us a potential profit of £21.40 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.
Qualifying bets must be placed via mobile between 00:01 on Tuesday 31st October 2017 and 19:45 (kick-off) on Wednesday 1st November 2017, to be eligible.
Only losing bets are refunded in the event that Ronaldo scores, so we need to select something that we don’t think will come in. Having looked at the odds available, I’ve opted to place my qualifying bet on Tottenham in the ‘1X2’ market.
I like to place my exchange lay bets with Betfair as they have great liquidity and the site is really easy to use.
We can calculate our lay stake using my matched betting calculator…
As you can see, the calculator tells us that our lay stake should be £23.85…
Place £25.00 on Tottenham @ 3.10 = Potential profit of £52.50
Lay £23.85 on Tottenham @ 3.30 = Potential liability of £54.85
Let’s have a look at our potential profit/loss for the possible outcomes…
| Tottenham win | + £52.50 – £54.84 = £2.34 loss |
| Tottenham don’t win and Ronaldo scores | – £25.00 + £22.65 + £23.75 (extract 95% from our £25.00 stake refund) = £21.40 profit |
| Tottenham don’t win and Ronaldo doesn’t score | – £25.00 + £22.65 = £2.35 loss |
So, if Tottenham don’t win and Ronaldo scores, we’ll make a nice profit of £21.40. Any other outcome and we’ll have made a maximum loss of £2.35. Risking £2.35 to make a profit of £21.40, gives us effective odds of 10.11. Given that Ronaldo is odds of 1.70 to score any time, this is a profitable offer in the long run even though we need Tottenham not to win.
Stake refunds just need rolling over once at minimum odds of 1.90 or greater before we are able to withdraw. The above calculations are therefore based on the assumption that, by using straightforward matched betting, we should be able to extract 95% cash from our £25.00 stake refund.
To claim our stake refund, we must email the promotion code ‘TOTTREAL25’, our bet ID number and our 188BET member code to promo@188bet.co.uk using our registered email address by 23:59 (GMT) on Friday 3rd November 2017. Free bets will be credited within 48 hours of a successful claim being submitted and will be valid for 30 days.
* Tottenham won the match 3-1 and Ronaldo scored, giving a loss of £2.34 on this 188BET offer. *
More reload offers – Make £300+ per month
With detailed walkthroughs for all the best offers as they’re released, you’ll be bagging recurring profits in no time.
More reload offers
Got a question?
Leave me a comment below…
I usually respond within 24 hours.
Matt Kirman – Matched Betting Blogger
Since 2014, I’ve blogged over £90,000 worth of profit, and made it my mission to make matched betting accessible to everyone.