It’s Arsenal v Chelsea in the Premier League on Sunday and you don’t want to miss this Betway early payout offer! Simply bet up to £10.00 on Arsenal or Chelsea to win the match and if our selected team scores first, Betway will pay us out as a winner, in cash, no matter the final result! Translated into matched betting terms, this gives us a potential profit of £40.44 and here’s how…
Key terms
- Applies to single bets placed on Arsenal or Chelsea in the Win/Draw/Win market.
- Applies to bets placed before 16:30 (kick-off) on Sunday 22nd August 2021.
- Maximum stake of £10.00.
- If our selected team scores first, Betway will pay our bet out in cash, within minutes.
Qualifying bet
If you’re unfamiliar with early payout offers, please see my Bet365 Early Payout (2UP) guide for a walkthrough of how they should be done.
At the time of writing, Arsenal are available at back odds of 4.20 (16/5) and lay odds of 4.90. If Arsenal score first, Betway will pay our bet out as a winner.
Either exchange works for this offer
Betfair and Smarkets are both great options for this offer. If you’ve not used one of them, now is a great time to give them a try.
- Bet £10, Get £50 in free bets
- 0% commission for 60 days.
- Extend for 30 days via MBB at any time.
We can calculate our lay stake using my Early Payout Calculator…
As you can see, the calculator tells us that we should lay £8.61 against Arsenal…
Place £10.00 on Arsenal @ 4.20 = Potential profit of £32.00
Lay £8.61 on Arsenal @ 4.90 = Potential liability of £33.58
No early payout
Let’s have a look at our potential profit/loss if Arsenal don’t score first…
| Outcome | Betway | Betfair | Profit/Loss |
|---|---|---|---|
| Arsenal win | + £32.00 | – £33.58 | £1.58 loss |
| Arsenal lose or draw | – £10.00 | + £8.44 | £1.56 loss |
So, worst case scenario, we’ll lose £1.58 in qualifying for this offer.
Early payout!
If Arsenal score first, we need to select the early payout toggle (in the grey section) to tell the calculator that ‘The bookmaker has paid out early‘…
As you can see, our potential profit/loss is as follows, now that Betway have paid out early…
| Outcome | Betway | Betfair | Profit/Loss |
|---|---|---|---|
| Arsenal win | + £32.00 | – £33.58 | £1.58 loss |
| Arsenal lose or draw | + £32.00 | + £8.44 | £40.44 profit |
So, if we let things run and Arsenal go on to win, we’ll still lose £1.58, but if Arsenal lose or draw, we’ll make a profit of £40.44!
Lock in profit
If we decide to lock in a profit, we’ll need to enter the back odds for Arsenal to win at Betfair. I’ll use back odds of 1.50 to illustrate how locking in a profit should work…
As you can see, the calculator tells us that we need to stake £28.13 on Arsenal to win at Betfair.
Place £28.13 on Arsenal @ 1.50 = Potential profit of £14.07
Now let’s have a look at our overall potential profit for the possible outcomes…
| Outcome | Betway | Betfair | Profit/Loss |
|---|---|---|---|
| Arsenal win | + £32.00 | – £19.51 | £12.49 profit |
| Arsenal lose or draw | + £32.00 | – £19.52 | £12.48 profit |
So, no matter the outcome, we would make a guaranteed profit of £12.48 on this Betway early payout offer!
If eligible, our cash winnings will be credited within minutes of the first goal being scored, but allow up to 24 hours.
* Chelsea scored first and went on to win the match 2-0, resulting in a loss of £1.56 on this Betway offer. *
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Matt Kirman – Matched Betting Blogger
Since 2014, I’ve blogged over £100,000 worth of profit, and made it my mission to make matched betting accessible to everyone.