It’s Arsenal v Chelsea on Sunday and Genting Bet are getting in on the action! Simply place a £10.00+ pre-match bet on Arsenal v Chelsea and Genting Bet will give us a free bet equal to the amount of goals scored in the game. Translated into matched betting terms, this gives us a potential profit of £3.63 and here’s how…
- The minimum stake to qualify is £10.00.
- We must place our bet at odds of 1.50 (1/2) or greater.
- Qualifying bets must be placed between 00:00 on Friday 27th December 2019 and 14:00 (kick-off) on Sunday 29th December 2019.
- Maximum free bet of £5.00.
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.
It’s entirely up to you what you place your qualifying bet on. Having looked at the odds available, we could place our qualifying bet on Chelsea in the Match Result market.
At the time of writing, laying our bet at Betfair gives us the smallest qualifying loss.
Betfair are currently running a great sign up offer where you pay 0% commission up to £500 for the first 30 days…
If you already have a Betfair account, you can opt to pay just 2% commission by selecting the Basic package.
We can calculate our lay stakes using my matched betting calculator…
As you can see, the calculator tells us that our lay stake should be £9.81…
Place £10.00 on Chelsea @ 2.375 = Potential profit of £13.75
Lay £9.81 on Chelsea @ 2.44 = Potential liability of £14.12
Let’s have a look at our potential profit/loss for the possible outcomes…
|Chelsea win||+£13.75||-£14.12||£0.37 loss|
|Chelsea don't win||-£10.00||+£9.61||£0.39 loss|
So, regardless of the outcome, we’ll lose a maximum of £0.39 in qualifying for our potential free bet.
We’ll receive a free bet equal to the amount of goals scored in the game, up to a maximum of £5.00. Free bets will be credited by 23:59 on Monday 30th December 2019 and will be valid for 3 days. Free bet stakes will not be included with any returns.
By using straightforward matched betting, we should be able to extract 80% cash from any free bet.
Therefore, if 5 goals are scored in the game, we’ll receive a £5.00 free bet, from which we can extract £4.00 cash. If we take into account our minimum qualifying loss of £0.37, this gives us a potential profit of £3.63 on this Genting Bet offer!
* Chelsea won the match 2-1, resulting in a profit of £2.03 on this Genting Bet offer. *
Click here to get this Genting Bet offer