It’s Leicester v Chelsea in Saturday’s early kick-off and 10Bet are getting in on the action! Simply opt-in and place a £30.00+ pre-match bet on Leicester v Chelsea and 10Bet will give us a £2.00 free bet each time Chelsea score. Translated into matched betting terms, this gives us a potential profit of £4.95 and here’s how…
Key Terms:
- We must opt-in on the promotion page to be eligible.
- Qualifying bets must be placed between 00:01 and 12:30 (kick-off) on Saturday 1st February 2020.
- The minimum stake to qualify is £30.00.
- We must place our bet at odds of 1.80 (4/5) or greater.
Qualifying Bet:
If you’re unfamiliar with qualifying bets, please see my Qualifying Bet Strategy page for a walk-through guide on how they 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 Chelsea in the 1X2 FT market.
At the time of writing, laying our bet at Betfair gives us the smallest qualifying loss.
Betfair are currently running a great sign up offer where you pay 0% commission up to £500 for the first 30 days…
If you already have a Betfair account, you can opt to pay just 2% commission by selecting the Basic package.
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 £29.14…
Place £30.00 on Chelsea @ 2.70 = Potential profit of £51.00
Lay £29.14 on Chelsea @ 2.80 = Potential liability of £52.45
Outcomes:
Let’s have a look at our potential profit/loss for the possible outcomes…
| Outcome | Bookie | Exchange | Profit/Loss |
|---|---|---|---|
| Chelsea win | +£51.00 | -£52.45 | £1.45 loss |
| Chelsea don’t win | -£30.00 | +£28.55 | £1.45 loss |
So, regardless of the outcome, we’ll lose £1.45 in qualifying for our potential free bet.
Free Bet:
The amount of our free bet will be £2.00 multiplied by the number of goals scored by Chelsea and will be credited 24 hours after settlement of our qualifying bet. Free bets will be valid for 7 days and free bet stakes will not be included with any returns.
By using straightforward matched betting, we should be able to extract 80% cash from any free bet.
Therefore, if Chelsea score 4 goals, we’ll receive an £8.00 free bet, from which we can extract £6.40 cash. If we take into account our qualifying loss of £1.45, this gives us a potential profit of £4.95 on this 10Bet offer!
* The match was drawn 2-2, resulting in a profit of £1.75 on this 10Bet 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.