Champions League Offer – TonyBet

Champions League football returns on Tuesday night and TonyBet are getting in on the action! Simply place a bet of at least £20.00 on Tuesday’s matches and TonyBet will give us a £20.00 free bet to use on Wednesday’s matches. Translated into matched betting terms, this gives us a guaranteed profit of £15.00 and here’s how…

Key Terms:

  • We must place a £20.00+ single or multi-bet.
  • The eligible matches are Atletico Madrid v Liverpool and Dortmund v PSG (both 20:00 kick-offs) on Tuesday 18th February 2020.
  • Qualifying bets can be placed pre-match or in play.

Qualifying Bet:

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.

It’s entirely up to you what you place your qualifying bet on. Having looked at the odds available, we could place our qualifying bet on Dortmund to beat PSG.

At the time of writing, laying our bet at Betfair gives us the smallest qualifying loss.

Betfair are currently offering new customers 0% commission up to £500 for the first 30 days.

Banner showing the zero commission sign up offer from Betfair

Banner showing the zero commission sign up offer from Betfair

If you’re an existing Betfair customer, you can opt in to pay just 2% commission by selecting their Basic reward plan.

For more information about My Betfair Rewards and how to opt in, please see my Betfair 2% Commission page.

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 £19.39…

TonyBet logo

Place £20.00 on Dortmund @ 2.85 = Potential profit of £37.00

Betfair logo

Lay £19.39 on Dortmund @ 2.96 = Potential liability of £38.00

Outcomes:

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

Outcome Bookie Exchange Profit/Loss
Dortmund win +£37.00 -£38.00 £1.00 loss
Dortmund don’t win -£20.00 +£19.00 £1.00 loss

So, regardless of the outcome, we’ll lose £1.00 in qualifying for our £20.00 free bet.

Free Bet:

Our £20.00 free bet will be credited on Wednesday 19th February 2020 and must be used in play on Atalanta v Valencia or Tottenham v RB Leipzig, which both kick-off at 20:00 the same day.

By using straightforward matched betting, we should be able to extract 80% cash from our £20.00 free bet, so £16.00. If we take into account our qualifying loss of £1.00, this gives us a guaranteed profit of £15.00 on this TonyBet offer!

* Dortmund beat PSG 2-1, resulting in a profit of £15.00 on this TonyBet offer. *

Got a question?
Leave me a comment below…

I usually respond within 24 hours.

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.