It’s Chelsea v Man City in the Community Shield on Sunday and you don’t want to miss this Royal Panda offer! Place a £20.00 single pre-match bet on Chelsea v Man City and Royal Panda will give us a £20.00 free bet to be used on the Premier League. Translated into matched betting terms, this gives us a guaranteed profit of £14.13 and here’s how…
Qualifying bet
If you’d like more information about qualifying bets and how they work, please see my qualifying bets guide.
Qualifying bets must be placed on the Match Result market before 15:00 (kick-off) on Sunday 5th August 2018, to be eligible.
Having looked at the odds available, we could place our qualifying bet on Man City.
Either exchange works for this offer
Betfair and Smarkets are both great options for this offer. If you’ve not used one of them, now is a great time to give them a try.
- Money back as cash up to £20
- 0% commission for 60 days
We can calculate our lay stakes using my Matched Betting Calculator…
As you can see, the calculator tells us that our lay stake should be £18.50…
Place £20.00 on Man City @ 1.98 = Potential profit of £19.60
Lay £18.50 on Man City @ 2.16 = Potential liability of £21.46
Outcomes
Let’s have a look at our potential profit/loss for the possible outcomes…
| Outcome | Royal Panda | Smarkets | Profit/Loss |
|---|---|---|---|
| Man City | + £19.60 | – £21.46 | £1.86 loss |
| Man City lose or draw | – £20.00 | + £18.13 | £1.87 loss |
So, no matter the outcome, we’ll lose a maximum of £1.87 in qualifying for our £20.00 free bet.
Free bet
Our £20.00 free bet will be credited by 11:00 on Friday 10th August 2018 and will be valid for 90 days. Free bet stakes are not included in any returns.
Using straightforward matched betting, we should be able to convert our free bet into 80% cash, so £16.00. If we take into account our maximum qualifying loss of £1.87, this gives us a guaranteed profit of £14.13 on this Royal Panda offer!
* Man City won the match 2-0, resulting in a profit of £14.14 on this Royal Panda offer. *
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Matt Kirman – Matched 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.