The Premier League is in full swing and so are Ladbrokes with this fantastic price boost for both new and existing customers. Ladbrokes have enhanced both teams to score in Newcastle United v Arsenal from 1.80 (4/5) to a massive 5.00 (4/1). Translated into matched betting terms, this gives us a guaranteed profit of £15.79 and here’s how…
This offer will be available on the Ladbrokes website from 12:20pm tomorrow (Saturday 29th August 2015). The maximum stake for this offer is £10.00 and the price boost will be available until the first goal is scored.
I like to place my exchange lay bets with Smarkets as they have great liquidity, the site is really easy to use and they only charge 2% commission in comparison to the 5% charged by other betting exchanges. We can calculate our lay stakes using the matched betting calculator.
Place £10.00 on ‘Both Teams to Score’ @ 5.00 = Potential profit of £40.00
Lay £26.32 on ‘Both Teams to Score’ @ 1.92 = Potential liability of £24.21
Let’s have a look at our profit/loss for the two potential outcomes…
| Both teams score | +£40.00 – £24.21 = £15.79 profit |
| Someone doesn’t score | – £10.00 + £25.79 (£26.32 minus 2% commission) = £15.79 profit |
So regardless of the result of the match, we will make a guaranteed profit of £15.79 on this Ladbrokes offer.
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Matt Kirman – Matched Betting Blogger
Since 2014, I’ve blogged over £100,000 worth of profit, and made it my mission to make matched betting accessible to everyone.