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Chelsea v Arsenal Offer – partypoker

It’s Chelsea v Arsenal in the Europa League Final on Wednesday and you don’t want to miss this partypoker ‘Bet £10, Get £10’ offer! Place a pre-match bet of £10.00 or more on Chelsea v Arsenal and partypoker will give us a £10.00 free bet to use in play. Translated into matched betting terms, this gives us a guaranteed profit of £7.71 and here’s how…

Key Terms:

  • We must opt-in on the promotion page to be eligible.
  • Minimum stake of £10.00.
  • We must place our bet pre-match at odds of 2.00 (evens) or greater.
  • Applies to bets placed from 20:00 on Tuesday 28th May 2019.

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 a Draw in the Match Result market.

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

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 £9.91…

partypoker logo

Place £10.00 on a draw @ 3.40 = Potential profit of £24.00

Smarkets logo

Lay £9.91 on a draw @ 3.45 = Potential liability of £24.27

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

Outcome Bookie Exchange Profit/Loss
Draw +£24.00 -£24.27 £0.27 loss
Not a draw -£10.00 +£9.71 £0.29 loss

So, regardless of the result, we’ll lose a maximum of £0.29 in qualifying for our £10.00 free bet.

Free Bet:

Our £10.00 free bet will be credited within 15 minutes of our qualifying bet being placed. The free bet must be used in play on Chelsea v Arsenal, which kicks off at 20:00 on Wednesday 29th May 2019.

By using straightforward matched betting, we should be able to extract 80% cash from our £10.00 free bet, so £8.00. If we take into account our maximum qualifying loss of £0.29, this gives us a guaranteed profit of £7.71 on this partypoker offer!

* Chelsea won the match 4-1, resulting in a profit of £7.71 on this partypoker offer. *

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Matt Kirman - Matched Betting Blogger

Matt KirmanMatched Betting Blogger

Since 2014, I’ve blogged over £90,000 worth of profit, and made it my mission to make matched betting accessible to everyone.