£10.60
Guaranteed Profit
£10.60
Actual Profit

Everton v Liverpool Offer – EnergyBet


Posted by Matt (administrator) Matt
Start Time: 17/10/2020 12:30

It’s Everton v Liverpool in Saturday’s early kick-off and you don’t want to miss this EnergyBet price boost available to ALL customers! They’ve enhanced Liverpool to beat Everton from 7/8 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 £10.60 and here’s how…

Banner showing the 25/1 price boost on Liverpool to beat Everton

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 14th October 2020 and 12:29 on Saturday 17th October 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  • Deposited funds must be wagered at least once on sport before they can be withdrawn.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 Liverpool to win at the standard odds.
  • If Liverpool 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 Liverpool win, our bet will be paid out in cash at the standard odds of 7/8 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 Liverpool, taking into account the wagering requirements on the bonus portion of our returns.

If Liverpool win, we’ll receive the following…

£1.88 cash
+ £24.12 in bonus funds
= £26.00 in total

Our £24.12 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 £20.50. For more information on wagering bonuses, please see my Bonus Rollover guide.

£1.88 cash
+ £20.50 (converted from bonus)
= £22.38 total cash

We then just need to divide our total cash by our initial stake to get our effective odds…

£22.38 (total cash) ÷ £1.00 (stake) = 22.38 (effective odds)

At the time of writing, laying our bet with Betfair gives us the biggest guaranteed profit.

Betfair are currently offering new customers 0% commission up to £500 for the first 30 days.

Banner showing the zero commission sign up offer from Betfair

Banner showing the zero commission sign up offer from Betfair

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. We just need to enter our effective odds of 22.38 as our ‘Back odds’…

Back Bet (Bookie)

%

Lay Bet (Betting Exchange)

%

Min £
Max £
Lay stake required: £
Bookie
Exchange
Cashback
Total
If back (bookie) bet wins
£
£
£
= £
If lay (exchange) bet wins
£
£
£
= £

Total profit: £

Optimal Underlay

Lay stake required: £
Exchange liability: £

If back (bookie) bet wins: £
If lay (exchange) bet wins: £

Optimal Overlay

Lay stake required: £
Exchange liability: £

If back (bookie) bet wins: £
If lay (exchange) bet wins: £

As you can see, the calculator tells us that our lay stake should be £11.84…

EnergyBet logo

Place £1.00 on Liverpool @ 22.38 = Potential profit of £21.38

Betfair logo

Lay £11.84 on Liverpool @ 1.91 = Potential liability of £10.77

Outcomes:

Let’s have a look at our profit/loss for the two potential outcomes…

Outcome Bookie Cash Bookie Bonus Exchange Profit/Loss
Liverpool win +£0.88 +£20.50 -£10.77 £10.61 profit
Liverpool don't win -£1.00 +£11.60 £10.60 profit

So, regardless of the outcome, we’ll make a guaranteed profit of £10.60 on this EnergyBet Price Boost!

* The match was drawn 2-2, resulting in a profit of £10.60 on this EnergyBet offer. *

Comments


  1. bettingbitz

    2

    If we haven’t signed up with energybet yet, is the bet the same or should we sign up first with the £10 offer and then this?

    +0
    Reply
    1. Matt

      344

      I would err on the side of caution and just do this one.

      You weren’t an existing customer at the time of them releasing the offer so I’m not sure if you would be eligible if you did the standard welcome offer first.

      +0
      Reply
  2. CBG

    3

    If you don’t have an account with Energybet already – AVOID LIKE THE PLAGUE!! Customer “service” is terrible, website slow and unreliable, withdrawals subject to random conditions, etc., etc. Read Trustpilot reviews first to see what this bookie gets up to.

    +3
    Reply
  3. Seb

    Guest user

    I’ve placed the bet. Is there no confirmation or anything that you’ve qualified for the enhanced odds?

    +0
    Reply
    1. Matt

      344

      No confirmation notices as far as I’m aware Seb. As long as you registered via the special promotional link, you should be fine.

      +0
      Reply
      1. Alex

        Guest user

        What if you’re an existing customer?

        +0
        Reply
        1. Matt

          344

          I would still click the ‘Get Bonus’ link on the promotion page Alex.

          +0
  4. Alex

    Guest user

    Same here, can’t even see the offer on the website or in the promotions section.

    +0
    Reply
  5. bettingbitz

    2

    I believe it’s only available via the link here, not on the website promo page.

    +0
    Reply
  6. GeeBee

    Guest user

    Have to agree with CBG on this one.

    You might be lucky and make the £10.60 profit eventually but is it really worth the potential hassle and stress indicated in the Trust Pilot reviews?

    +0
    Reply
  7. Stephen H

    Guest user

    I asked customer support just now and they said it’s a 3 times wager requirement so not worth the hassle.

    +0
    Reply
    1. Matt

      344

      That’s mentioned and accounted for in the post Stephen.

      +0
      Reply

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