It’s Chelsea v Man Utd in the Premier League on Monday night and you don’t want to miss this First Goal Wins offer from Betway! Simply bet up to £20.00 on Chelsea or Man Utd 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 £81.59 and here’s how…
- Maximum qualifying stake of £20.00.
- Qualifying single bets must be placed on Chelsea or Man Utd in the Win/Draw/Win market.
- Qualifying bets must be placed before 20:00 (kick-off) on Monday 17th February 2020.
- If our selected team score first, Betway will pay our bet out in cash, within 10 minutes.
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 Man Utd in the Win/Draw/Win market.
If Man Utd score first, Betway will pay our bet out as a winner, within 10 minutes.
At the time of writing, laying our bet at Betfair gives us the smallest qualifying loss.
Betfair are currently offering new customers 0% commission up to £500 for the first 30 days.
If you’re an existing Betfair customer, you can opt in to pay just 2% commission by selecting their Basic reward plan.
For more information about My Betfair Rewards and how to opt in, please see my Betfair 2% Commission page.
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 £17.95…
Place £20.00 on Man Utd @ 4.20 = Potential profit of £64.00
Lay £17.95 on Man Utd @ 4.70 = Potential liability of £66.41
Let’s have a look at our potential profit/loss for the possible outcomes…
|Man Utd score first and win||+£64.00||-£66.41||£2.41 loss|
|Man Utd score first and don't win||+£64.00||+£17.59||£81.59 profit|
|Man Utd don't score first and win||+£64.00||-£66.41||£2.41 loss|
|Man Utd don't score first and don't win||-£20.00||+£17.59||£2.41 loss|
So, if Man Utd score first and go on to draw or lose the game, we’ll receive cash returns of £84.00, giving us a profit of £64.00 at Betway. We’ll also win £17.59 from our lay bet at Betfair, giving us an overall potential profit of £81.59!
Any other outcome and we’ll lose £2.41. Risking £2.41 to make a profit of £81.59, gives us effective odds of 34.85, 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 10 minutes of the first goal being scored, but allow up to 24 hours.
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 £84.00 (£2.41 + £81.59) by 1.50, giving you a back stake of £56.00 and a guaranteed profit of £25.59.
* Man Utd scored first and went on to win the match 2-0, resulting in a loss of £2.41 on this Betway offer. *
Click here to get this Betway offer