African Cup of Nations 2019 Offer – William Hill

The African Cup of Nations 2019 gets underway on Friday and you don’t want to miss this William Hill offer! Simply bet £20.00 on the Tournament Winner market and William Hill will give us a £5.00 free bet every time our selected team wins a match. Translated into matched betting terms, this gives us a potential profit of £23.97 and here’s how…

Key Terms:

  • Qualifying bets must be placed between 00:01 on Friday 14th June 2019 and 21:00 (kick-off) on Friday 21st June 2019.
  • We must place a £20.00 Win or £10.00 Each Way bet 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 match in 90 minutes.

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 £20.00 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…

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 £16.77…

William Hill logo

Place £20.00 on Senegal @ 6.50 = Potential profit of £110.00

Betfair logo

Lay £16.77 on Senegal @ 7.80 = Potential liability of £114.03

Outcomes:

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

Outcome Bookie Exchange Profit/Loss
Senegal win +£110.00 -£114.03 £4.03 loss
Senegal don’t win -£20.00 +£15.93 £4.07 loss

So, regardless of the outcome, we’ll lose a maximum of £4.07 in qualifying for our potential free bets.

Free Bets:

We’ll receive a £5.00 free bet every time Senegal win a match in 90 minutes.

If Senegal win the tournament having won all 7 matches in 90 minutes, we’ll receive £35.00 in free bets.

Free bets will be credited by 12:00 the following day and will be valid for 4 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 £35.00 in free bets, so £28.00. If we take into account our qualifying loss of £4.03, this gives us a potential profit of £23.97 on this William Hill offer!

* Senegal won four matches in 90 minutes but failed to win the tournament, resulting in a profit of £11.93 on this William Hill offer. *

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Matt Kirman - Matched Betting Blogger

Matt KirmanMatched 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.