Bwin Offer – Premier League Goal Bonanza

Premier League football continues this weekend and Bwin are getting in on the action! Simply bet £10.00+ on selected markets for one of the televised Premier League matches this weekend and if our bet wins, Bwin will give us a £5.00 free bet for every goal scored in the game! Translated into matched betting terms, this gives us a potential profit of £18.60 and here’s how…

Qualifying Bet:

We must opt in to this promotion to be eligible.

If you’re unfamiliar with qualifying bets, please see my Qualifying Bet Strategy page for a walk-through guide on how they should be done.

To qualify, we must bet £10.00+ pre-match on the Half-Time/Full-Time or Team to Win and Both Teams to Score market for any one of the following matches…

Fixture Kick-Off Date
Swansea v Man Utd 12:30 Saturday 19th August 2017
Stoke v Arsenal 17:30 Saturday 19th August 2017
Huddersfield v Newcastle 13:30 Sunday 20th August 2017
Tottenham v Chelsea 16:00 Sunday 20th August 2017

Qualifying bets must be placed between 12:00 on Tuesday 15th August 2017 and 13:25 on Sunday 20th August 2017, to be eligible.

It’s entirely up to you which match you place your qualifying bet on. Having looked at the odds available, I’ve opted to place my qualifying bet on Man Utd/Man Utd in the Half-Time/Full-Time market.

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…

Back Bet (Bookie)

%

Lay Bet (Betting Exchange)

%

Min £
Max £
Lay stake required: £
Bookie
Exchange
Cashback
Total
If back (bookie) bet wins
£
£
£
= £
If lay (exchange) bet wins
£
£
£
= £
Total profit: £

Optimal Underlay

Lay stake required: £
Exchange liability: £

If back (bookie) bet wins: £
If lay (exchange) bet wins: £

Optimal Overlay

Lay stake required: £
Exchange liability: £

If back (bookie) bet wins: £
If lay (exchange) bet wins: £

As you can see, the calculator tells us that our lay stake should be £8.78…

Bwin logo

Place £10.00 on Man Utd/Man Utd @ 1.95 = Potential profit of £9.50

smarkets white

Lay £8.78 on Man Utd/Man Utd @ 2.24 = Potential liability of £10.88

Let’s have a look at our potential profit/loss for the possible outcomes…

Man Utd/Man Utd + £9.50 – £10.88 = £1.38 loss
Not Man Utd/Man Utd – £10.00 + £8.60 (£8.78 minus 2% commission) = £1.40 loss

So, regardless of the outcome, we’ll lose a maximum of £1.40 in qualifying for our potential free bets.

Free Bets:

If our Man/Utd/Man Utd bet wins, then for every goal scored in the match, we’ll receive a £5.00 free bet within 24 hours of the final whistle, up to a maximum total of £25.00. Free bets will be valid for 7 days and free bet stakes are not included with any returns.

By using straightforward matched betting, we should be able to extract 80% of any free bets as cash.

Therefore, if 5 goals are scored in the match, we’ll receive £25.00 in free bets, from which we can extract £20.00 cash. If we take into account our maximum qualifying loss of £1.40, this gives us a potential profit of £18.60 on this Bwin offer!

* Man Utd won the match 4-0, having led 1-0 at half-time, meaning I made a profit of £14.62 on this Bwin 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.