Champions League football is back on Tuesday night and you don’t want to miss this Genting Bet offer. Simply bet £25.00+ on the Champions League 2019/20 Outright Winner and Genting Bet will give us a £5.00 free bet every time our selected team wins a group stage match. Translated into matched betting terms, this gives us a potential profit of £21.23 and here’s how…
Key Terms:
- Qualifying bets must be placed between 17:00 on Tuesday 10th September 2019 and 17:55 on Tuesday 17th September 2019.
- We must place £25.00+ on the 2019/20 Champions League Outright market.
- We’ll receive a £5.00 free bet every time our selected team wins a group stage match.
NOTE: This post has been put together from a matched betting perspective. It’s important to bear in mind though that this means potentially tying up some of our exchange funds until the end of the tournament in May 2020. The alternative is to place a qualifying bet without laying. We’ll be able to extract £4.00 cash from each £5.00 free bet we receive to cover some of the £25.00 stake and we could win big if our selected team goes on to win the tournament.
Qualifying Bet:
If you’re unfamiliar with qualifying bets, please see my Qualifying Bet Strategy page for a walk-through guide on how it should be done.
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 Man City.
At the time of writing, laying our bet at Smarkets gives us the smallest qualifying loss.
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 £22.66…
Place £25.00 on Man City @ 4.333 = Potential profit of £83.33
Lay £22.66 on Man City @ 4.80 = Potential liability of £86.10
Outcomes:
Let’s have a look at our potential profit/loss for the possible outcomes…
| Outcome | Bookie | Exchange | Profit/Loss |
|---|---|---|---|
| Man City win | +£83.33 | -£86.10 | £2.77 loss |
| Man City don’t win | -£25.00 | +£22.20 | £2.80 loss |
So, regardless of who wins the tournament, we’ll lose a maximum of £2.80 in qualifying for our potential £5.00 free bets.
Free Bets:
Every time Man City win a group stage match, 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 Man City 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 into account our minimum qualifying loss of £2.77, this gives us a potential profit of £21.23 on this Genting Bet offer!
* Man City won 4 group stage matches and failed to win the tournament, resulting in a profit of £13.20 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.