Betfred Price Boost – Arsenal, Chelsea & Everton

Premier League action continues today and you don’t want to miss this Betfred price boost. They’ve enhanced Arsenal, Chelsea and Everton all to win to a tasty 4/1! Translated into matched betting terms, this gives us a risk-free potential profit of £23.28 and here’s how…

Price Boost Bet:

Maximum stakes for this offer may vary for different accounts, but the following example is based on a maximum stake of £100.00.

Betfred Logo

Place £100.00 on Arsenal, Chelsea & Everton @ 5.00 = Potential profit of £400.00

Match 1: West Brom v Arsenal (Kick-Off: 12:30)

I like to place my exchange lay bets with Smarkets as they have great liquidity, the site is really easy to use and they only charge 2% commission in comparison to the 5% charged by other betting exchanges.

On the first match, we need to cover our original stake of £100.00. If we divide £100.00 by 0.98 (to account for the 2% Smarkets commission), this gives us a lay stake of £102.04…

smarkets logo

Lay £102.04 on Arsenal @ 1.67 = Potential liability of £68.36

If Arsenal win – £68.36 = – £68.36
If Arsenal don’t win – £100.00 + £100.00 = £0.00

So, if Arsenal don’t win, the offer will be over and we’ll have broken even. However, if Arsenal do win, we’ll have lost £68.36 so far.

Matches 2 & 3: Chelsea & Everton (Kick-Offs: 15:00)

So, if Arsenal win, this means on the next matches, we need to cover both the £68.36 loss from the first match plus the original stake of £100.00. If we divide £168.36 by 0.95 (to account for the 5% Betfair commission), this gives us a lay stake of £177.22…

betfair logo

Lay £177.22 on Chelsea/Everton @ 2.74 = Potential liability of £308.36

If Chelsea & Everton both win + £400.00 – £68.36 – £308.36 = £23.28 profit
If Chelsea or Everton don’t win – £100.00 – £68.36 + £168.36 = £0.00

So, if any team fails to win along the way, we’ll have broken even and there’s no harm done. However, if Arsenal, Chelsea and Everton all win, we’ll have made a nice risk-free profit of £23.28!

I’d like to point out that the above workings are based on the lay odds that were available at the time of writing. If the lay odds fluctuate before we are able to place our lay bets, this may result in us making more potential profit, less potential or even a slight loss, so please bear that in mind before deciding whether or not to do this 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.