Juventus face Real Madrid in Cardiff tonight and 888sport are getting in on the action! Simply place a bet on Juventus v Real Madrid and 888sport will apply a 50% boost to our winnings! Translated into matched betting terms, this gives us a guaranteed profit of £2.43 and here’s how…
Qualifying bet:
The maximum stake for this offer is £10.00.
To be eligible for this offer, we must deposit £20.00+ using the deposit code ‘Champions’ between Friday 2nd June 2017 and Saturday 3rd June 2017. A profit boost token will then be credited to our account.
Our profit boost token gives us a 50% boost on our winnings. Only the fractional odds are boosted by 50%, so say we back a selection at 10/1 (11.00), our boosted odds would be 15/1 (16.00).
Having looked at the odds available, I’ve opted to place my qualifying bet on Real Madrid (8/5) in the Match market…
1.60 * 1.50 = 2.40…
2.40 + 1.00 = 3.40
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 stake by entering our boosted odds into the matched betting calculator…
As you can see, the calculator tells us that our lay stake should be £12.69…
Place £10.00 on Real Madrid @ 3.40 = Potential profit of £24.00
Lay £12.69 on Real Madrid @ 2.70 = Potential liability of £21.57
Let’s have a look at our profit/loss for the two potential outcomes…
| Real Madrid win | + £24.00 – £21.57 = £2.43 profit |
| Real Madrid don’t win | – £10.00 + £12.43 (£12.69 minus 2% commission) = £2.43 profit |
So, regardless of the outcome, we’ll make a guaranteed profit of £2.43 on this 888sport 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.