Real Madrid face Barcelona in El Clasico on Sunday and LeoVegas are getting in on the action! Simply bet £25.00 via mobile on Real Madrid v Barcelona and LeoVegas will give us a £5.00 free bet for every goal scored by Messi, Suarez, Benzema or Ronaldo! Translated into matched betting terms, this gives us a potential profit of £22.44 and here’s how…
Qualifying Bet:
If you’re unfamiliar with qualifying bets, please see my Qualifying Bet Strategy page for a walk-through guide on how they should be done.
Qualifying bets must be placed pre-match via mobile at odds of 1.50 (1/2) or greater, to be eligible.
It’s entirely up to you what you place your qualifying bet on. Having looked at the odds available, I’ve opted to place my qualifying bet on a draw in the Match market.
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 stakes using my matched betting calculator…
As you can see, the calculator tells us that our lay stake should be £23.92…
Place £25.00 on a draw @ 4.00 = Potential profit of £75.00
Lay £23.92 on a draw @ 4.20 = Potential liability of £76.54
Let’s have a look at our potential profit/loss for the possible outcomes…
| Draw | + £75.00 – £76.54 = £1.54 loss |
| Not a draw | – £25.00 + £23.44 (£23.92 minus 2% commission) = £1.56 loss |
So, regardless of the result of the match, we’ll lose a maximum of £1.56 in qualifying for our potential free bets.
Free Bets:
For every goal that Messi, Suarez, Benzema or Ronaldo scores in the match, we’ll receive a £5.00 free bet within 24 hours, up to a maximum of £30.00. Free bet stakes are not included with any returns.
By using straightforward matched betting, we should be able to extract 80% of any free bets as cash.
Therefore, although unlikely, if the above players are able to score 6 goals in the game, we’ll receive £30.00 in free bets, from which we can extract £24.00 cash. If we take into account our maximum qualifying loss of £1.56, this gives us a potential profit of £22.44 on this LeoVegas offer!
* Lionel Messi scored twice in a 3-2 win for Barcelona, meaning I made a profit of £6.44 on this LeoVegas offer. *
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Matt Kirman – Matched Betting Blogger
Since 2014, I’ve blogged over £100,000 worth of profit, and made it my mission to make matched betting accessible to everyone.