LeoVegas Offer – 25% Profit Boosts on Football

The football fixtures come thick and fast in December and you don’t want to miss this LeoVegas offer. Simply place a mobile bet on any football match or selection of football matches this week, and LeoVegas will add an extra 25% to our winnings, in cash! Translated into matched betting terms, this gives us a guaranteed profit of £5.69 and here’s how…

This offer runs from 12:00 on Monday 5th December 2016 until 23:59 on Sunday 1st January 2017.

We are eligible for two profit boosts each week for the duration of the promotion. Each profit boost will be paid in cash.

We just need to place a bet of £25.00 via mobile on a single selection to enjoy one weekly profit boost and then place another bet of up to £25.00 on a multiple of three or more selections to get our second weekly boost.

We must select our profit boost which can be found under ‘Bonus Offers’ on the betslip, when placing our bets.

In order to bank a nice profit, we’ll need to find some tight long back and lay odds. Having looked at the odds available, I’ve opted to place my qualifying bet on Real Valladolid v Real Sociedad in the Copa del Rey.

Real Valladolid are odds of 9/1 (10.00) to be leading Real Sociedad at half-time. This gives us enhanced odds of 12.25 (9.00 * 1.25 + 1.00).

I like to place my exchange lay bets with Smarkets as they have great liquidity, the site is really easy to use and they only charge 2% commission in comparison to the 5% charged by other betting exchanges.

We can calculate our lay stake using my matched betting calculator…

Back Bet (Bookie)

%

Lay Bet (Betting Exchange)

%

Min £
Max £
Lay stake required: £
Bookie
Exchange
Cashback
Total
If back (bookie) bet wins
£
£
£
= £
If lay (exchange) bet wins
£
£
£
= £
Total profit: £

Optimal Underlay

Lay stake required: £
Exchange liability: £

If back (bookie) bet wins: £
If lay (exchange) bet wins: £

Optimal Overlay

Lay stake required: £
Exchange liability: £

If back (bookie) bet wins: £
If lay (exchange) bet wins: £

As you can see, the calculator tells us that our lay stake should be £31.31…

leovegas

Place £25.00 on Real Valladolid (Half-time) @ 12.25 = Potential profit of £281.25

smarkets white

Lay £31.31 on Real Valladolid (Half-time) @ 9.80 = Potential liability of £275.56

Let’s have a look at our profit/loss for the two potential outcomes…

Real Valladolid leading at half-time + £281.25 – £275.56 = £5.69 profit
Real Valladolid not leading at half-time – £25.00 + £30.69 (£31.31 minus 2% commission) = £5.69 profit

So, regardless of the outcome, we’ll make a guaranteed profit of £5.69 on this LeoVegas offer!

Don’t forget, we are also eligible for a profit boost on a multiple bet each week too. Again, you would need to find really close back and lay odds. You can lay selected accas at Betfair or there is always the option to lay each leg sequentially.

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Matt Kirman - Matched Betting Blogger

Matt KirmanMatched 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.