Chelsea v Arsenal Offer – 12Bet

It’s Chelsea v Arsenal in the Europa League Final on Wednesday and you don’t want to miss this 12Bet Money Back Special! Simply bet £10.00 on any market and if the match ends in a draw after 90 minutes, 12Bet will refund our stake as a bonus. Translated into matched betting terms, this gives us a potential profit of £7.37 and here’s how…

Key Terms:

  • We must place a single bet of exactly £10.00 at odds of 1.60 (3/5) or greater.
  • Qualifying bets must be placed between 10:00 on Monday 27th May 2019 and 20:00 (kick-off) on Wednesday 29th May 2019.
  • Applies to bets on all Chelsea v Arsenal markets.
  • If the match ends in a draw after 90 minutes, 12Bet will refund losing stakes as a bonus.

Qualifying Bet:

If you’re unsure about how to place qualifying bets, check out 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 Chelsea in the 1X2 Full Time market.

At the time of writing, laying our bet with Smarkets gives us the smallest qualifying loss.

We can calculate our lay stake 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 £9.57…

12Bet logo

Place £10.00 on Chelsea @ 2.20 = Potential profit of £12.00

Smarkets logo

Lay £9.57 on Chelsea @ 2.32 = Potential liability of £12.63

Outcomes:

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

Outcome Bookie Exchange Extracted Profit/Loss
Chelsea win +£12.00 -£12.63 £0.63 loss
Draw -£10.00 +£9.37 +£8.00 £7.37 profit
Arsenal win -£10.00 +£9.37 £0.63 loss

So, we’ll make a nice profit of £7.37 if the match is a draw after 90 minutes and we stand to lose £0.63 on any other outcome. Risking £0.63 to make a profit of £7.37 gives us effective odds of 12.70. So, given that the odds are 3.35 (47/20) for the match to be a draw, this a profitable offer in the long run.

If eligible, bonuses will be credited within 48 hours of our qualifying bet being settled.

If you’re unsure how to extract £8.00 cash (80%) from the £10.00 bonus (stake not returned), check out my Free Bet Strategy page for a walk-through guide on how it should be done.

* Chelsea won the match 4-1, resulting in a loss of £0.63 on this 12Bet offer. *

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Matt Kirman - Matched Betting Blogger

Matt KirmanMatched Betting Blogger

Since 2014, I’ve blogged over £70,000 worth of profit, and made it my mission to make matched betting accessible to everyone.