It’s Chelsea v Man City in the Premier League on Sunday and you don’t want to miss this STS risk-free bet offer! Simply place a £40.00+ in play bet on any Chelsea v Man City market and if it loses, STS will give us a £10.00 bonus to use on football. Translated into matched betting terms, this gives us a guaranteed profit of £3.50+ and here’s how…
Key terms
- Qualifying single bets must be placed in play on Chelsea v Man City, kicking off at 16:30 on Sunday 3rd January 2021.
- Minimum stake of £40.00.
- Minimum odds of 1.50 (1/2).
Qualifying bet
If our bet loses, STS will give us a £10.00 football bonus, so we can treat this as a risk-free bet offer.
With risk-free bets, we should be looking for high odds in order to maximise our profit. With a £40.00 stake though, high odds will mean a large liability, so you’ll need to go for whatever odds you feel comfortable with.
We won’t know what odds are available until the match is underway. I’ll use the pre-match odds for Draw in the Match Result market in the following example to illustrate how things should pan out.
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 stake using the ‘Risk-Free Bet’ setting on my Matched Betting Calculator. We can enter £8.00 as our ‘Cashback’ figure as this is the amount we can expect to convert our £10.00 bonus into (80%), should our bet lose…
As you can see, the calculator tells us that our lay stake should be £36.25…
Place £40.00 on Draw @ 3.58 = Potential profit of £103.20
Lay £36.25 on Draw @ 3.75 = Potential liability of £99.68
Outcomes
Let’s have a look at our potential profit/loss for the possible outcomes…
| Outcome | STS | Betfair | Bonus | Profit/Loss |
|---|---|---|---|---|
| Draw | + £103.20 | – £99.68 | £3.52 profit | |
| Not a draw | – £40.00 | + £35.52 | + £8.00 | £3.52 profit |
So, as you can see, with some decent odds, we’ll make a guaranteed profit of £3.50+ on this STS risk-free bet offer!
If eligible, our £10.00 bonus will be credited by 16:00 on Monday 4th January 2021 and will be valid on football markets for 5 days. Bonuses must be wagered 6 times at odds of 1.80 (4/5) or greater, before they can be withdrawn.
If you’re unsure how to convert a £10.00 bonus into £8.00 cash (80%), please see my bonus rollover guide for a walkthrough of how it should be done.
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Matt Kirman – Matched 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.