It’s Leicester v Tottenham 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 Tottenham 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 £34.58 and here’s how…
Key terms
- Applies to single bets placed on Leicester or Tottenham in the Win/Draw/Win market.
- Applies to bets placed before 16:00 (kick-off) on Sunday 23rd May 2021.
- Maximum stake of £10.00.
- 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.
At the time of writing, Tottenham are available at back odds of 3.50 (5/2) and lay odds of 3.60. If Tottenham 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
We can calculate our lay stake using my Early Payout Calculator…
As you can see, the calculator tells us that we should lay £9.78 against Tottenham…
Place £10.00 on Tottenham @ 3.50 = Potential profit of £25.00
Lay £9.78 on Tottenham @ 3.60 = Potential liability of £25.43
No early payout
Let’s have a look at our potential profit/loss if Tottenham don’t score first…
| Outcome | Betway | Betfair | Profit/Loss |
|---|---|---|---|
| Tottenham win | + £25.00 | – £25.43 | £0.43 loss |
| Tottenham lose or draw | – £10.00 | + £9.58 | £0.42 loss |
So, worst case scenario, we’ll lose a maximum of £0.43 in qualifying for this offer.
Early payout!
If Tottenham 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 |
|---|---|---|---|
| Tottenham win | + £25.00 | – £25.43 | £0.43 loss |
| Tottenham lose or draw | + £25.00 | + £9.58 | £34.58 profit |
So, if we let things run and Tottenham go on to win, we’ll still lose £0.43, but if Tottenham lose or draw, we’ll make a profit of £34.58!
Lock in profit
If we decide to lock in a profit, we’ll need to enter the back odds for Tottenham to win at Betfair. I’ll use back odds of 1.50 to illustrate how locking in a profit should work…
As you can see, the calculator tells us that we need to stake £23.47 on Tottenham to win at Betfair.
Place £23.47 on Tottenham @ 1.50 = Potential profit of £11.73
Now let’s have a look at our overall potential profit for the possible outcomes…
| Outcome | Betway | Betfair | Profit/Loss |
|---|---|---|---|
| Tottenham win | + £25.00 | – £13.69 | £11.31 profit |
| Tottenham lose or draw | + £25.00 | – £13.69 | £11.31 profit |
So, no matter the outcome, we would make a guaranteed profit of £11.31 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.
* Leicester scored first and went on to lose the match 4-2, resulting in a loss of £0.43 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.