The Champions League 2018/19 gets underway on Tuesday night and you don’t want to miss this Genting Bet offer. Simply bet £25.00+ on the Outright Winner and Genting Bet will give us a £5.00 free bet every time they win a match in the Group stage of the tournament! Translated into matched betting terms, this gives us a potential profit of £22.55 and here’s how…
Key Terms:
- Minimum qualifying stake is £25.00.
- Qualifying bet must be placed on the ‘2018/19 Champions League Outright’ market.
- Qualifying bet must be placed between 00:00 on Tuesday 4th September 2018 and 17:55 on Tuesday 18th September 2018.
Qualifying Bet:
It’s entirely up to you which team you place your qualifying bet on. Having looked at the odds available, we could place our qualifying bet on Liverpool.
At the time of writing, laying our bet at Smarkets gives us the smallest qualifying loss.
Just bear in mind that our exchange funds will be tied up until our team get knocked out. The alternative is to not lay our bet and just let the qualifying bet run. Liverpool should win enough matches to cover some of the £25.00 stake and we could win big if they go on to win the tournament.
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 £24.04…
Place £25.00 on Liverpool @ 12.00 = Potential profit of £275.00
Lay £24.04 on Liverpool @ 12.50 = Potential liability of £276.46
Let’s have a look at our potential profit/loss for the possible outcomes…
| Liverpool win | + £275.00 – £276.46 = £1.46 loss |
| Liverpool don’t win | – £25.00 + £23.55 (£24.04 minus 2% commission) = £1.45 loss |
So, regardless of who wins the tournament, we’ll make a maximum loss of £1.46 in qualifying for our potential free bets.
Free Bets:
For every Group stage match that Liverpool win, we’ll receive a £5.00 free bet within 24 hours. Free bets will be valid for 3 days and free bet stakes are not included in any returns.
If Liverpool win all six of their Group stage matches, we’ll receive £30.00 in free bets.
By using straightforward matched betting, we should be able to extract 80% cash from our £30.00 in free bets, so £24.00. If we take our minimum qualifying loss of £1.45 into account, that gives us a potential profit of £22.55 on this Genting Bet offer!
* Liverpool won three Group stage matches on their way to winning the tournament, resulting in a profit of £10.54 on this Genting Bet 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.