£32.29
Potential Profit
£-0.71
Actual Profit

Leicester v Man Utd Offer – Betway


Posted by Matt (administrator) Matt
Start Time: 26/07/2020 16:00

It’s Leicester v Man Utd in the Premier League on Sunday 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 £32.29 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 16:00 (kick-off) on Sunday 26th July 2020.
  • If our selected team score 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 walk-through guide on how they should be done.

Having looked at the odds available, we could place our qualifying bet on Leicester. If Leicester score first, Betway will pay our bet out as a winner.

At the time of writing, laying our bet at Betfair gives us the smallest qualifying loss.

Betfair are currently offering new customers 0% commission up to £500 for the first 30 days.

Banner showing the zero commission sign up offer from Betfair

Banner showing the zero commission sign up offer from Betfair

If you’re an existing Betfair customer, you can opt in to pay just 2% commission by selecting their Basic reward plan.

For more information about My Betfair Rewards and how to opt in, please see my Betfair 2% Commission page.

We can calculate our lay stake using my Early Payout Calculator

2-Way Dutch
Advanced

Back bet (Bookie)1st Bookie

2nd Bookie

Recommended stake
-

Lay Bet (Betting Exchange)

%
Lay stake
-
Liability
-
The bookmaker has paid out early
Back stakeStake
-
Bookie
Exchange
Total
If team wins
If team draws
If team loses
Bookie 1
Bookie 2
Bookie 3
Total
If selection wins
If selection loses

As you can see, the calculator tells us that our lay stake should be £9.48…

Betway logo

Place £10.00 on Leicester @ 3.30 = Potential profit of £23.00

Betfair logo

Lay £9.48 on Leicester @ 3.50 = Potential liability of £23.70

No Early Payout:

Let’s have a look at our potential profit/loss if Leicester don’t score first…

OutcomeBookieExchangeProfit/Loss
Leicester win+£23.00-£23.70£0.70 loss
Leicester don't win-£10.00+£9.29£0.71 loss

So, worst case scenario, we’ll lose £0.71 in qualifying for this offer.

Early Payout!

If Leicester 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‘…

2-Way Dutch
Advanced

Back bet (Bookie)1st Bookie

2nd Bookie

Recommended stake
-

Lay Bet (Betting Exchange)

%
Lay stake
-
Liability
-
The bookmaker has paid out early
Back stakeStake
-
Bookie
Exchange
Total
If team wins
If team draws
If team loses
Bookie 1
Bookie 2
Bookie 3
Total
If selection wins
If selection loses

As you can see, our potential profit/loss is as follows, now that Betway have paid out early…

OutcomeBookieExchangeProfit/Loss
Leicester win+£23.00-£23.70£0.70 loss
Leicester don't win+£23.00+£9.29£32.29 profit

So, if we let things run and Leicester go on to win, we’ll still lose £0.70, but if Leicester draw or lose, we’ll make a profit of £32.29!

Lock in Profit:

If we decide to lock in a profit, we’ll need to enter the back odds for Leicester to win at Betfair. I’ll use back odds of 1.80 to illustrate how locking in a profit should work…

2-Way Dutch
Advanced

Back bet (Bookie)1st Bookie

2nd Bookie

Recommended stake
-

Lay Bet (Betting Exchange)

%
Lay stake
-
Liability
-
The bookmaker has paid out early
Back stakeStake
-
Bookie
Exchange
Total
If team wins
If team draws
If team loses
Bookie 1
Bookie 2
Bookie 3
Total
If selection wins
If selection loses

As you can see, the calculator tells us that we need to stake £18.43 on Leicester to win at Betfair.

Betfair logo

Place £18.43 on Leicester @ 1.80 = Potential profit of £14.74

Now let’s have a look at our overall potential profit for the possible outcomes…

OutcomeBookieExchangeProfit/Loss
Leicester win+£23.00-£8.96£14.04 profit
Leicester don't win+£23.00-£8.95£14.05 profit

So, regardless of the outcome, we would make a guaranteed profit of £14.04 on this match!

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 win the match 2-0, resulting in a loss of £0.71 on this Betway offer. *

Post a comment


Your email address will not be published. Required fields are marked *