There’s a big day of Premier League action to look forward to and you don’t want to miss this Ladbrokes price boost. They’ve enhanced Man City, Arsenal and Swansea City all to win from 3/1 to a tasty 4/1! Translated into matched betting terms, this gives us a risk-free potential profit of £6.45 and here’s how…
Price Boost Bet:
The maximum stake for this price boost is £20.00.
Place £20.00 on Man City, Arsenal & Swansea to win @ 5.00 = Potential profit of £80.00
As all three matches kick-off at different times and don’t overlap, we can lay each leg sequentially for a risk-free potential profit.
Match 1: Man City v Leicester (Kick-Off: 12:30)
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.
On the first match, we need to cover our original stake of £20.00. If we divide £20.00 by 0.98 (to account for the 2% Smarkets commission), this gives us a lay stake of £20.41…
Lay £20.41 on Man City @ 1.28 = Potential liability of £5.71
| If Man City win | – £5.71 = – £5.71 |
| If Man City don’t win | – £20.00 + £20.00 = £0.00 |
So, if Man City don’t win, the offer will be over and we’ll have broken even. However, if Man City do win, we’ll have lost £5.71 so far.
Match 2: Sunderland v Swansea (Kick-Off: 15:00)
So, if Man City win, this means on the next match, we need to cover both the £5.71 loss from the first match plus our original stake of £20.00. If we divide £25.71 by 0.98 (to account for the 2% Smarkets commission), this gives us a lay stake of £26.24…
Lay £26.24 on Swansea @ 2.10 = Potential liability of £28.86
| If Swansea win | – £5.71 – £28.86 = – £34.57 |
| If Swansea don’t win | – £20.00 – £5.71 + £25.71 = £0.00 |
So, if Swansea don’t win, the offer will be over and we’ll have broken even. However, if Swansea do win, we’ll have lost £34.57 so far.
Match 3: Stoke v Arsenal (Kick-Off: 17:30)
So, if Swansea win, this means on the final match, we need to cover both the £34.57 total loss from the first two matches plus our original stake of £20.00. If we divide £54.57 by 0.98 (to account for the 2% Smarkets commission), this gives us a lay stake of £55.69…
Lay £55.69 on Arsenal @ 1.70 = Potential liability of £38.98
| If Arsenal win | + £80.00 – £5.71 – £28.86 – £38.98 = £6.45 profit |
| If Arsenal don’t win | – £20.00 – £5.71 – £28.86 + £54.57 = £0.00 |
So, if any of Man City, Swansea or Arsenal fail to win along the way, we’ll have broken even and there’s no harm done. However, if all three teams win, we’ll have made a nice risk-free profit of £6.45!
I’d like to point out that the above workings are based on the lay odds that were available at the time of writing. If the lay odds fluctuate before we are able to place our lay bets, this may result in us making more potential profit, less potential or even a slight loss, so please bear that in mind before deciding whether or not to do this 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.