The football fixtures are coming thick and fast in the run up to Christmas 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 £5.12 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. I’ll use Sunderland as a fictional example and I’ll update the bottom of the post with my actual selection at the end of the week. Say, for example, Sunderland are odds of 10/1 (11.00) to beat Chelsea. This gives me enhanced odds of 13.50 (10 * 1.25 + 1).
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…
As you can see, the calculator tells us that our lay stake should be £30.74…
Place £25.00 on Sunderland @ 13.50 = Potential profit of £312.50
Lay £30.74 on Sunderland @ 11.00 = Potential liability of £307.38
Let’s have a look at our profit/loss for the two potential outcomes…
Sunderland win | + £312.50 – £307.38 = £5.12 profit |
Sunderland don’t win | – £25.00 + £30.12 (£30.74 minus 2% commission) = £5.12 profit |
So, regardless of the outcome, we’ll make a guaranteed profit of £5.12 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.
* I actually placed my qualifying bet on Sunderland (v Chelsea) at back odds of 8.25 and lay odds of 8.40, meaning I made a profit of £4.42 on this LeoVegas 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.