It’s Everton v Burnley in the Premier League on Friday night and you don’t want to miss this MoPlay ‘Bet £10, Get £5’ offer! Simply bet £10.00+ via mobile on Everton v Burnley and MoPlay will give us a £5.00 free bet to use on Bournemouth v Tottenham on Saturday. Translated into matched betting terms, this gives us a guaranteed profit of £3.44 and here’s how…
Key Terms:
- We must bet £10.00 or more on Everton v Burnley from a mobile device.
- Qualifying bets must be placed at odds of 1.50 (1/2) or greater.
- We must opt in to receive our free bets by clicking ‘Accept’ when prompted by the pop up which appears after our qualifying bet has settled.
Qualifying Bet:
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.
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 Everton in the Match Betting FT market.
At the time of writing, laying our bet at Smarkets gives us the smallest qualifying loss.
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 £9.64…
Place £10.00 on Everton @ 1.62 = Potential profit of £6.20
Lay £9.64 on Everton @ 1.70 = Potential liability of £6.74
Outcomes:
Let’s have a look at our potential profit/loss for the possible outcomes…
| Outcome | Bookie | Exchange | Profit/Loss |
|---|---|---|---|
| Everton win | +£6.20 | -£6.74 | £0.54 loss |
| Everton don’t win | -£10.00 | +£9.44 | £0.56 loss |
So, regardless of the outcome, we’ll lose a maximum of £0.56 in qualifying for our £5.00 free bet.
Free Bet:
Our £5.00 free bet should be credited within 30 minutes of our qualifying bet being settled and will be valid on Bournemouth v Tottenham (12:30 on Saturday 4th May 2019). Free bet stakes will not be included in any returns.
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 £0.56, this gives us a guaranteed profit of £3.44 on this MoPlay offer!
* Everton won the match 2-0, resulting in a profit of £3.46 on this MoPlay offer. *
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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.