It’s Chelsea v Tottenham in the Premier League on Sunday and you don’t want to miss this EnergyBet price boost available to ALL customers! They’ve enhanced Chelsea to beat Tottenham from 13/12 to a whopping 25/1, with the extra winnings paid out in bonus funds. Translated into matched betting terms, this gives us a guaranteed profit of £9.26 and here’s how…
Key Terms:
- Only new customers who sign up via the special promotional link or those who already have an account can qualify by placing their bet between 00:01 on Wednesday 25th November 2020 and 16:29 on Sunday 29th November 2020.
- Minimum deposit of £10.00, to be eligible for this promotion.
- Deposited funds must be wagered at least once on sport before they can be withdrawn.
- We must stake £1.00 on Chelsea to win at the standard odds.
- If Chelsea win, the additional winnings gained from the 25/1 enhanced odds will be credited as bonus funds.
- Bonus funds must be wagered 3x at odds of 1.75 (3/4) or greater.
Strategy:
This offer is a little different to regular price boosts, but the strategy is still pretty much the same.
If Chelsea win, our bet will be paid out in cash at the standard odds of 13/12 and then topped up to 25/1 in bonus funds.
So, the first thing we need to do is work out the effective odds we’re getting on Chelsea, taking into account the wagering requirements on the bonus portion of our returns.
If Chelsea win, we’ll receive the following…
£2.08 cash
+ £23.92 in bonus funds
= £26.00 in total
Our £23.92 in bonus funds would need to be wagered 3 times at odds of 1.75 (3/4) or greater.
Using straightforward matched betting, we should be able to convert our bonus funds into around 85% cash, so £20.33. For more information on wagering bonuses, please see my bonus rollover guide.
£2.08 cash
+ £20.33 (converted from bonus)
= £22.41 total cash
We then just need to divide our total cash by our initial stake to get our effective odds…
£22.41 (total cash) ÷ £1.00 (stake) = 22.41 (effective odds)
At the time of writing, laying our bet with Smarkets gives us the biggest guaranteed profit. If you’re not yet signed up, Smarkets are currently offering a £10.00 welcome bonus for new customers.
We can calculate our lay stake using my Matched Betting Calculator. We just need to enter our effective odds of 22.41 as our ‘Back odds’…
As you can see, the calculator tells us that our lay stake should be £10.47…
Place £1.00 on Chelsea @ 22.41 = Potential profit of £21.41
Lay £10.47 on Chelsea @ 2.16 = Potential liability of £12.14
Outcomes:
Let’s have a look at our profit/loss for the two potential outcomes…
So, regardless of the outcome, we’ll make a guaranteed profit of £9.26 on this EnergyBet Price Boost!
* The match was drawn 0-0, resulting in a profit of £9.26 on this EnergyBet offer. *
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Jack
Guest userThanks for the heads up Matt. I can never find this odds boost on my account on the EnergyBet website (promotions and energised odds section). Could this offer be account specific?
Da
Guest userEnergyBet is very strict and tries to rob you as much as possible by bringing their tos card, I would avoid this site.
jack
Guest userCheers DA. Think I have to agree, they have so many T&Cs trying to trip punters up.
Matt
1529Provided you’re eligible for promotions, you can qualify for the offer Jack. Just make sure you deposit £10.00 before placing the bet.
Jack
Guest userThanks Matt for clarifying.
One last question if I may on bonus offers in general, what bet type are they in the matched betting calculator (normal, free bet (SNR) or risk free)? Thanks again.
Matt
1529You can use either the ‘Qualifying Bet’ or ‘Free Bet – Stake returned’ setting. The maths are the same for both, it just displays things a little differently.
For more info about bonuses and how to wager them, please see my bonus rollover guide.
Elizabeth W
Guest userHi when I log into Energybet I don’t see the offer that you show for Sunday’s premier match Chelsea v Tottenham, can you help.
Matt
1529They don’t tend to shout about these offers Elizabeth. As long as you sign up via the promotional link or you’re an existing customer, you should be fine.
Mark
Guest userWhoever is responsible for picking these enhanced odds at EnergyBet should be on a good bonus, I don’t believe it’s ever landed yet?
Karen
Guest userThankfully not as I’m not confident they’d cough up…