It’s the Manchester derby today and you don’t want to miss this Betfred price boost! They’ve enhanced Manchester City to beat Manchester United from 23/10 to a tasty 11/4. Translated into matched betting terms, this gives us a guaranteed profit of £8.73 and here’s how…
Price Boost:
The maximum stake for this price boost is £100.00.
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.
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 £110.95…
Place £100.00 on Man City @ 3.75 = Potential profit of £275.00
Lay £110.95 on Man City @ 3.40 = Potential liability of £266.27
Let’s have a look at our profit/loss for the two potential outcomes…
| Man City win | + £275.00 – £266.27 = £8.73 profit |
| Man City don’t win | – £100.00 + £108.73 (£110.95 minus 2% commission) = £8.73 profit |
So, regardless of the result of the match, we will make a guaranteed profit of £8.73 on this Betfred 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.