The African Cup of Nations 2019 gets underway on Friday and you don’t want to miss this Genting Bet offer! Simply bet £25.00 on the Outright Winner market and Genting Bet will give us a £5.00 free bet every time our selected team wins a group stage match. Translated into matched betting terms, this gives us a potential profit of £7.52 and here’s how…
Key Terms:
- Qualifying bets must be placed between 00:00 on Friday 14th June 2019 and 21:00 (kick-off) on Friday 21st June 2019.
- We must place £25.00 or more on the Outright market for the African Cup of Nations 2019.
- We’ll receive a £5.00 free bet every time our selected team wins a group stage match.
Qualifying Bet:
If you’re unfamiliar with qualifying bets, please see my Qualifying Bet Strategy page for a walk-through guide on how it should be done.
It’s entirely up to you who you place your qualifying bet on. Having looked at the odds available, we could place our qualifying bet on Senegal.
At the time of writing, laying our bet at Betfair gives us the smallest qualifying loss.
Just bear in mind that our exchange funds will potentially be tied up until the end of the tournament on Friday 19th July 2019.
The alternative is to not lay our bet and just let the qualifying bet run. Senegal should win enough matches to cover some of the £25.00 stake and we could win big if they go on to win the tournament.
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 £21.58…
Place £25.00 on Senegal @ 6.00 = Potential profit of £125.00
Lay £21.58 on Senegal @ 7.00 = Potential liability of £129.48
Outcomes:
Let’s have a look at our potential profit/loss for the possible outcomes…
| Outcome | Bookie | Exchange | Profit/Loss |
|---|---|---|---|
| Senegal win | +£125.00 | -£129.48 | £4.48 loss |
| Senegal don’t win | -£25.00 | +£20.50 | £4.50 loss |
So, regardless of the outcome, we’ll lose a maximum of £4.50 in qualifying for our potential free bets.
Free Bets:
We’ll receive a £5.00 free bet every time Senegal win a group stage match.
Senegal are in a favourable group, facing games against Tanzania, Algeria and Kenya. If Senegal win all 3 matches, we’ll receive £15.00 in free bets.
Free bets will be credited within 24 hours of market settlement and will be valid for 3 days. Free bet stakes will not be included in any returns.
By using straightforward matched betting, we should be able to extract 80% cash from our £15.00 in free bets, so £12.00. If we take into account our minimum qualifying loss of £4.48, this gives us a potential profit of £7.52 on this Genting Bet offer!
* Senegal won two group stage matches and failed to win the tournament, resulting in a profit of £3.50 on this Genting Bet 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.