Chelsea v Arsenal Offer – Betway

It’s Chelsea v Arsenal in the Premier League on Tuesday night and you don’t want to miss this First Goal Wins offer from Betway! Simply bet up to £20.00 on Chelsea or Arsenal to win the match and if our selected team scores first, Betway will pay us out as a winner, in cash, no matter the final result! Translated into matched betting terms, this gives us a potential profit of £84.06 and here’s how…

Key Terms:

• Maximum qualifying stake of £20.00.
• Qualifying single bets must be placed on Chelsea or Arsenal in the Win/Draw/Win market.
• Qualifying bets must be placed before 20:15 (kick-off) on Tuesday 21st January 2020.
• If our selected team score first but don’t win, Betway will pay our bet out in cash, within 24 hours.

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.

Having looked at the odds available, we could place our qualifying bet on Arsenal in the Win/Draw/Win market.

If Arsenal score first and go on to draw or lose the match, Betway will pay our bet out as a winner, in cash.

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

Betfair are currently running a great sign up offer where you pay 0% commission up to £500 for the first 30 days…

If you already have a Betfair account, you can opt to pay just 2% commission by selecting the Basic package.

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 £17.76…

Outcomes:

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

So, if Arsenal score first and go on to draw or lose the game, we’ll receive cash returns of £86.66, giving us a profit of £66.66 at Betway. We’ll also win £17.40 from our lay bet at Betfair, giving us an overall potential profit of £84.06!

Any other outcome and we’ll lose £2.60. Risking £2.60 to make a profit of £84.06, gives us effective odds of 33.33, which I’m sure you’ll agree, makes this a profitable offer in the long run.

If eligible, our cash winnings will be credited within 24 hours of the match ending.

Note: If your team scores first, you can either let it run as above or place an extra back bet on them to lock in a profit. If you decide to guarantee a profit, you just need to divide the sum of your potential loss and potential profit by the back odds. For example, if the back odds are 1.50 (1/2), you would divide £86.66 (£2.60 + £84.06) by 1.50, giving you a back stake of £57.77 and a guaranteed profit of £26.28.

* Chelsea scored first and went on to draw the match 2-2, resulting in a loss of £2.60 on this Betway offer. *