Potential
£41.86
 
Guaranteed
- -
 
My Profit
£41.86

Betfred Price Boost – Chelsea, Man Utd & Celtic


Posted by Matt (administrator) Sat, Dec 31, 2016 11:12am Matt
Start Time: 31/12/2016 12:15

The top flight action continues today and you don’t want to miss this Betfred price boost. They’ve enhanced Chelsea, Man Utd and Celtic all to win to a tasty 5/2! Translated into matched betting terms, this gives us a risk-free potential profit of £41.86 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 Chelsea, Man Utd & Celtic @ 3.50 = Potential profit of £250.00

Match 1: Rangers v Celtic (Kick-Off: 12:15)

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 white

Lay £102.04 on Celtic @ 1.78 = Potential liability of £79.59

If Celtic win - £79.59 = – £79.59
If Celtic don't win - £100.00 + £100.00 = £0.00

So, if Celtic don’t win, the offer will be over and we’ll have broken even. However, if Celtic do win, we’ll have lost £79.59 so far.

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

So, if Celtic win, this means on the next matches, we need to cover both the £79.59 loss from the first match plus the original stake of £100.00. If we divide £179.59 by 0.95 (to account for the 5% Betfair commission), this gives us a lay stake of £189.04…

betfair

Lay £189.04 on Chelsea/Man Utd @ 1.68 = Potential liability of £128.55

If Chelsea & Man Utd both win + £250.00 – £79.59 – £128.55 = £41.86 profit
If Chelsea or Man Utd don't win - £100.00 – £79.59 + £179.59 = £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 Chelsea, Man Utd and Celtic all win, we’ll have made a nice risk-free profit of £41.86!

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.

Comments


  1. Emma

    has this offer been taken down? I can’t see it 🙁

  2. Emma

    Never mind, found it!

    1. Alex

      As of 11.50 the offer has been taken down.

  3. Darren

    How do you lay on multiple bets on Betfair? Please help!

    1. Matt

      For future reference Darren, you can find the acca markets by searching ‘acca’ in the search box at the top of the Betfair homepage. You then just need to find the required combination of teams from the list and lay your bet as normal.

  4. Ali

    Gutted I missed this one by 5 mins!

  5. Bob (bobster)

    Jesus christ – what an offer! And I missed it :'( :'(

  6. Rick

    Gutted to have missed this offer. New year’s resolution: check this blog as soon as I wake up!

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