It’s the Manchester derby today and you don’t want to miss this BetVictor offer. Opt-in and bet £5.00+ on selected markets for Manchester United v Manchester City and BetVictor will give us a £5.00 free bet to use on any Premier League market today. Translated into matched betting terms, this gives us a guaranteed profit of £3.80 and here’s how…
Qualifying Bet:
If you’re unfamiliar with qualifying bets, please see my Qualifying Bet Strategy for a walk-through guide on how they should be done.
We must opt-in to this promotion, to be eligible.
Qualifying bets must be placed between 12:00 on Thursday 8th September 2016 and 15:00 on Saturday 10th September 2016, to be eligible.
We can place our £5.00+ qualifying bet on any of the following markets; Correct Score, First Goalscorer, Anytime Goalscorer, Goalscorer Plus, To Win and Both Teams to Score, Scorecast, Match Action, Player Specials.
It’s entirely up to you which horse you place your qualifying bet on. Having looked at the odds available, I’ve opted to place my qualifying bet on 1-0 to Manchester United.
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 stake using my matched betting calculator…
As you can see, the calculator tells us that our lay stake should be £4.90…
Place £5.00 on 1-0 Man Utd @ 9.00 = Potential profit of £40.00
Lay £4.90 on 1-0 Man Utd @ 9.20 = Potential liability of £40.20
Let’s have a look at our potential profit/loss for the possible outcomes…
| 1-0 Man Utd | + £40.00 – £40.20 = £0.20 loss |
| Not 1-0 Man Utd | – £5.00 + £4.80 (£4.90 minus 2% commission) = £0.20 loss |
So, regardless of the outcome, we will lose £0.20 in qualifying for our £5.00 free bet.
Free Bet:
Our £5.00 free bet will be credited upon the placement of our qualifying bet and will expire following the conclusion of Liverpool v Leicester City, which kicks off at 17:30 today (Saturday 10th September 2016).
By using straightforward matched betting, we should be able to extract 80% of our £5.00 free bet as cash, so around £4.00. If we take into consideration our qualifying loss of £0.20, this gives us a guaranteed profit of £3.80 on this BetVictor 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.