£5.08
Potential Profit
£-1.34
Actual Profit

Champions League Offer – VBET


Posted by Matt (administrator) Matt
Start Time: 11/08/2020 13:00

Man City have reached the Champions League Quarter-Finals and VBET are getting in on the action! Simply place a £25.00 bet on Man City to win the 2019/20 Champions League and VBET will give us a £2.00 free bet for each goal they score in this season’s remaining games. Translated into matched betting terms, this gives us a potential profit of £5.08 and here’s how…

Banner showing the Champions League offer from VBET

Key Terms:

  • We must bet £25.00 on Man City to win the 2019/20 Champions League.
  • Applies from 13:00 on Tuesday 11th August 2020 until 13:00 on Sunday 23rd August 2020.
  • We’ll receive a £2.00 free bet for each goal scored by Man City in their remaining Champions League matches.

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.

We must place our qualifying bet on Man City in the Outright: UEFA Champions League 2019/2020 – Winner market.

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 £22.52…

VBET logo

Place £25.00 on Man City @ 3.00 = Potential profit of £50.00

Betfair logo

Lay £22.52 on Man City @ 3.35 = Potential liability of £52.92

Outcomes:

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

Outcome Bookie Exchange Profit/Loss
Man City win +£50.00 -£52.92 £2.92 loss
Man City don't win -£25.00 +£22.06 £2.94 loss

So, regardless of the outcome, we’ll lose a maximum of £2.94 in qualifying for our potential free bets.

Free Bets:

We’ll receive a £2.00 free bet for each goal scored by Man City in their remaining Champions League matches. Free bets will be credited within 48 hours of our qualifying bet being settled and will be valid on any sport for 7 days. Free bet stakes will not be included with any returns.

By using straightforward matched betting, we should be able to extract 80% cash from any free bet.

Therefore, if Man City score 5 goals between now and the end of the competition, we’ll receive a £10.00 free bet, from which we can extract £8.00 cash. If we take into account our minimum qualifying loss of £2.92, this gives us a potential profit of £5.08 on this VBET offer!

* Man City lost 3-1 to Lyon at the Quarter-Final stage, resulting in a loss of £1.34 on this VBET offer. *

Comments


  1. Kenny rogers

    Guest user

    Can’t see it on the site. Is it still valid, it’s normally advertised on site.

    +0
    Reply
    1. Matt

      328

      It’s still showing for me on their Promotions page.

      +0
      Reply
    2. blobbydave

      1

      Hi Kenny, on Promotions page near to the bottom right is a button saying MORE PROMOS… Click on it and you should see this one 🙂

      +1
      Reply
  2. Kenny rogers

    Guest user

    Cheers

    +0
    Reply
  3. Bob

    Guest user

    Odds are 2.25/3.65 now. Gone abysmal.

    +0
    Reply

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