It’s Chelsea v Man Utd on Monday night and Virgin Bet are getting in on the action! Simply place a £10.00+ pre-match bet on Chelsea v Man Utd and Virgin Bet will give us a £5.00 free bet if Tammy Abraham or Anthony Martial scores in the game. Translated into matched betting terms, this gives us a potential profit of £3.51 and here’s how…
Key Terms:
- The minimum stake to qualify is £10.00.
- Qualifying bets must be placed before 20:00 (kick-off) on Monday 17th February 2020.
- Qualifying bets can be placed on any Chelsea v Man Utd market.
- Qualifying bets must be placed at odds of 1.50 (1/2) or greater.
Qualifying Bet:
If you’re unfamiliar with qualifying bets, please see my Qualifying Bet Strategy page for a walk-through guide on how they should be done.
It’s entirely up to you what you place your qualifying bet on. Having looked at the odds available, we could place our qualifying bet on Chelsea in the FT 1X2 market.
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 stakes using my matched betting calculator…
As you can see, the calculator tells us that our lay stake should be £9.71…
Place £10.00 on Chelsea @ 2.00 = Potential profit of £10.00
Lay £9.71 on Chelsea @ 2.08 = Potential liability of £10.48
Outcomes:
Let’s have a look at our potential profit/loss for the possible outcomes…
| Outcome | Bookie | Exchange | Profit/Loss |
|---|---|---|---|
| Chelsea win | +£10.00 | -£10.48 | £0.48 loss |
| Chelsea don’t win | -£10.00 | +£9.51 | £0.49 loss |
So, regardless of the outcome, we’ll lose a maximum of £0.49 in qualifying for our potential free bet.
Free Bet:
We’ll receive a £5.00 free bet if Tammy Abraham or Anthony Martial scores during the game.
Once our qualifying bet has settled, a pop-up window will appear within 24 hours for us to collect our £5.00 free bet. Free bets must be accepted within 7 days of the notification and will be valid on any sportsbook market for 7 days.
By using straightforward matched betting, we should be able to extract 80% cash from our £5.00 free bet, so £4.00. If we take into account our maximum qualifying loss of £0.49, this gives us a potential profit of £3.51 on this Virgin Bet offer!
* Anthony Martial scored in a 2-0 win to Man Utd, resulting in a profit of £3.51 on this Virgin Bet 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.