There’s plenty of football action still to come this weekend and you don’t want to miss this Betway price boost. They’ve enhanced Tottenham, Man Utd and Liverpool all to win from 3/1 to a tasty 4/1! Translated into matched betting terms, this gives us a risk-free potential profit of £9.47 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 £15.00.
As all three matches kick-off at different times and don’t overlap, we can lay each leg sequentially for a risk-free potential profit.
Match 1: Tottenham v Stoke City
(Kick-Off: 13:30 on Sunday 26th February 2017)
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 £15.00. If we divide £15.00 by 0.98 (to account for the 2% Smarkets commission), this gives us a lay stake of £15.31…
If Tottenham win | – £6.43 = – £6.43 |
If Tottenham don’t win | – £15.00 + £15.00 = £0.00 |
So, if Tottenham don’t win, the offer will be over and we’ll have broken even. However, if Tottenham do win, we’ll have lost £6.43 so far.
Match 2: Man Utd v Southampton
(Kick-Off: 16:30 on Sunday 26th February 2017)
So, if Tottenham win, this means on the next match, we need to cover both the £6.43 loss from the first match plus the original stake of £15.00. If we divide £21.43 by 0.98 (to account for the 2% Smarkets commission), this gives us a lay stake of £21.87…
If Man Utd win | – £6.43 – £17.49 = – £23.92 |
If Man Utd don’t win | – £15.00 – £6.43 + £21.43 = £0.00 |
So, if Man Utd don’t win, the offer will be over and we’ll have broken even. However, if Man Utd do win, we’ll have lost £23.92 so far.
Match 3: Leicester City v Liverpool
(Kick-Off: 20:00 on Monday 27th February 2017)
So, if Man Utd win, this means on the final match, we need to cover both the £23.92 total loss from the first two matches plus the original stake of £15.00. If we divide £38.92 by 0.98 (to account for the 2% Smarkets commission), this gives us a lay stake of £39.72…
If Liverpool win | + £60.00 – £6.43 – £17.49 – £26.61 = £9.47 profit |
If Liverpool don’t win | – £15.00 – £6.43 – £17.49 + £38.92 = £0.00 |
So, if any of Tottenham, Man Utd or Liverpool fail to win along the way, we’ll have broken even and there’s no harm done. However, if all three teams win, we’ll have made a nice risk-free profit of £9.47!
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
Since 2014, I’ve blogged over £70,000 worth of profit, and made it my mission to make matched betting accessible to everyone.