It’s Arsenal v Man City on Sunday and you don’t want to miss this Betway offer! Bet £5.00+ on any Arsenal v Man City market and Betway will give us a £10.00 free bet. Translated into matched betting terms, this gives us a guaranteed profit of £8.04 and here’s how…
Key Terms:
- The minimum stake for this offer is £5.00.
- Qualifying bets must be placed at odds of 2.00 (evens) or greater.
- Free bet will be credited within 24 hours of our qualifying bet being settled.
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 what you place your qualifying bet on. Having looked at the odds available, we could place our qualifying bet on a Draw in the Win/Draw/Win market.
At the time of writing, laying our bet at Smarkets gives us the smallest qualifying loss.
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 £5.15…
Place £5.00 on a draw @ 4.20 = Potential profit of £16.00
Lay £5.15 on a draw @ 4.10 = Potential liability of £15.96
Let’s have a look at our potential profit/loss for the possible outcomes…
| Draw | + £16.00 – £15.96 = £0.04 profit |
| Not a draw | – £5.00 + £5.04 (£5.15 minus 2% commission) = £0.04 profit |
So, regardless of the outcome, we’ll make a small profit of £0.04 in qualifying for our £10.00 free bet.
Free Bet:
Our £10.00 free bet will be credited within 24 hours of our qualifying bet being settled. Free bet stakes are not included in any returns.
By using straightforward matched betting, we should be able to extract 80% cash from our £10.00 free bet, so £8.00. If we take into account our qualifying profit of £0.04, this gives us a guaranteed profit of £8.04 on this Betway 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.