It’s Liverpool v Chelsea in the Carabao Cup 3rd Round on Wednesday and you don’t want to miss this SportPesa price boost! They’ve enhanced both teams to score from 5/8 to a tasty evens. Translated into matched betting terms, this gives us a risk-free potential profit of £4.45 and here’s how…
Price Boost Bet:
The maximum stake for this price boost is £25.00.
The normal odds for both teams scoring are 1.625 (5/8). This means that if our bet wins, we’ll receive £40.63 in cash (normal odds), plus a £9.37 free bet (price boost up to 2.00). We know we can extract 80% cash from any bonus, so in this case £7.50, giving us total cash returns of £48.13 and effective back odds of 1.925. We’ll enter these into the calculator in a moment.
At the time of writing, underlaying our bet at Betfair gives us the biggest risk-free potential profit.
We can calculate our underlay stake using my matched betting calculator. We just need to open up the SHOW ADVANCED section and click the UNDERLAY tab…
As you can see, the calculator tells us that our lay stake should be £26.32…
Place £25.00 on ‘Both Teams to Score – Yes’ @ 1.625 = Potential profit of £15.63
Lay £26.32 on ‘Both teams to Score? – Yes’ @ 1.71 = Potential liability of £18.68
Outcomes:
Let’s have a look at our profit/loss for the two potential outcomes…
| Both teams score | + £15.63 – £18.68 + £7.50 (extract 80% cash from bonus) = £4.45 profit |
| Either team keeps a clean sheet | – £25.00 + £25.00 (£26.32 minus 5% commission) = £0.00 |
So, if either team keeps a clean sheet, we’ll break even and there’s no harm done. However, if both teams score, we’ll make a nice risk-free profit of £4.45 on this SportPesa price boost!
* Chelsea won the match 2-1, resulting in a profit of £4.45 on this SportPesa price boost. *
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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.