It’s Leeds v Man City in the Premier League on Saturday and The Pools are getting in on the action! Simply place a £10.00+ pre-match bet on Leeds v Man City and if our bet loses and both teams score, The Pools will give us £10.00 cashback. Translated into matched betting terms, this gives us a potential profit of £9.16 and here’s how…
- This offer is by invitation only (advertised on the homepage and promotions page, so should apply to most).
- Minimum stake of £10.00.
- Applies to bets placed on Leeds v Man City before 17:30 (kick-off) on Saturday 3rd October 2020.
- Minimum odds of 1.25 (1/4).
- £10.00 cashback if our bet loses and both teams score.
If you’d like more information about qualifying bets and how they work, please see my Qualifying Bets Guide.
It’s entirely up to you what you place your qualifying bet on, though you’ll want to place it on something that you don’t think will win. Having looked at the odds available, we could place our qualifying bet on a Draw in the Match Result market.
At the time of writing, laying our bet at Smarkets gives us the smallest qualifying loss.
If you’re not yet signed up, Smarkets are currently offering a £10.00 welcome bonus for new customers.
We can calculate our lay stakes using my matched betting calculator…
As you can see, the calculator tells us that our lay stake should be £9.35…
Place £10.00 on a Draw @ 5.50 = Potential profit of £45.00
Lay £9.35 on a Draw @ 5.90 = Potential liability of £45.81
Let’s have a look at our potential profit/loss for the possible outcomes…
|Not a draw and both teams score||-£10.00||+£9.16||+£10.00||£9.16 profit|
|Not a draw and a team fails to score||-£10.00||+£9.16||£0.84 loss|
So, we’ll make a nice profit of £9.16 if the match isn’t drawn and both teams score and we stand to lose a maximum of £0.84 on any other outcome. Risking £0.84 to make a profit of £9.16 gives us effective odds of 11.90, which I’m sure you’ll agree, makes this a profitable offer in the long run.
If eligible, cash refunds will be credited by 12:00 on Sunday 4th October 2020.
* The match was drawn 1-1, resulting in a loss of £0.81 on this The Pools offer. *
Get this The Pools money back offer