It’s Leicester v Man Utd in the Premier League on Boxing Day and you don’t want to miss this Betway early payout offer! Simply bet up to £10.00 on Leicester or Man Utd to win the match and if our selected team scores first, Betway will pay us out as a winner, in cash, no matter the final result! Translated into matched betting terms, this gives us a potential profit of £23.49 and here’s how…
Key Terms:
- Maximum qualifying stake of £10.00.
- Qualifying single bets must be placed on Leicester or Man Utd in the Win/Draw/Win market.
- Qualifying bets must be placed before 12:30 (kick-off) on Saturday 26th December 2020.
- If our selected team scores first, Betway will pay our bet out in cash, within minutes.
Qualifying Bet:
If you’re unfamiliar with early payout offers, please see my Bet365 Early Payout (2UP) guide for a walkthrough of how they should be done.
Having looked at the odds available, we could place our qualifying bet on Man Utd. If Man Utd score first, Betway will pay our bet out as a winner.
Either exchange works for this offer
Betfair and Smarkets are both great options for this offer. If you’ve not used one of them, now is a great time to give them a try.
- Money back as cash up to £20
- 0% commission for 60 days
At the time of writing, laying our bet at Betfair gives us the smallest qualifying loss.
We can calculate our lay stake using my Early Payout Calculator…
As you can see, the calculator tells us that we should lay £9.68 against Man Utd…
Place £10.00 on Man Utd @ 2.40 = Potential profit of £14.00
Lay £9.68 on Man Utd @ 2.50 = Potential liability of £14.52
No Early Payout:
Let’s have a look at our potential profit/loss if Man Utd don’t score first…
| Outcome | Betway | Betfair | Profit/Loss |
|---|---|---|---|
| Man Utd win | + £14.00 | – £14.52 | £0.52 loss |
| Man Utd lose or draw | – £10.00 | + £9.49 | £0.51 loss |
So, worst case scenario, we’ll lose a maximum of £0.52 in qualifying for this offer.
Early Payout!
If Man Utd score first, we need to select the early payout toggle (in the grey section) to tell the calculator that ‘The bookmaker has paid out early‘…
As you can see, our potential profit/loss is as follows, now that Betway have paid out early…
| Outcome | Betway | Betfair | Profit/Loss |
|---|---|---|---|
| Man Utd win | + £14.00 | – £14.52 | £0.52 loss |
| Man Utd lose or draw | + £14.00 | + £9.49 | £23.49 profit |
So, if we let things run and Man Utd go on to win, we’ll still lose £0.52, but if Man Utd lose or draw, we’ll make a profit of £23.49!
Lock in Profit:
If we decide to lock in a profit, we’ll need to enter the back odds for Man Utd to win at Betfair. I’ll use back odds of 1.40 to illustrate how locking in a profit should work…
As you can see, the calculator tells us that we need to stake £17.29 on Man Utd to win at Betfair.
Place £17.29 on Man Utd @ 1.40 = Potential profit of £6.92
Now let’s have a look at our overall potential profit for the possible outcomes…
| Outcome | Betway | Betfair | Profit/Loss |
|---|---|---|---|
| Man Utd win | + £14.00 | – £7.60 | £6.40 profit |
| Man Utd lose or draw | + £14.00 | – £7.61 | £6.39 profit |
So, regardless of the outcome, we would make a guaranteed profit of £6.39 on this Betway early payout offer!
If eligible, our cash winnings will be credited within minutes of the first goal being scored, but allow up to 24 hours.
* Man Utd scored first and went on to draw the match 2-2, resulting in a profit of £23.49 on this Betway offer. *
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Matt Kirman – Matched Betting Blogger
Since 2014, I’ve blogged over £90,000 worth of profit, and made it my mission to make matched betting accessible to everyone.