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Liverpool v Leicester Offer – Space Casino

£3.36
Potential Profit
£-0.64
Actual Profit

It’s Liverpool v Leicester in the Premier League on Sunday and you don’t want to miss this Space Casino money back offer. Simply place a £10.00+ bet on selected Liverpool v Leicester markets and if our bet loses and both teams score, Space Casino will give us a £5.00 free bet. Translated into matched betting terms, this gives us a potential profit of £3.36 and here’s how…

Key Terms:

  • Minimum stake of £10.00.
  • Qualifying bets must be placed before 19:15 (kick-off) on Sunday 22nd November 2020.
  • Applies to the 1X2 Full Time and Exact Score markets for Liverpool v Leicester.
  • If our bet loses and both teams score, Space Casino will give us a £5.00 free bet.

Qualifying Bet:

If you’d like more information about qualifying bets and how they work, please see my Qualifying Bets Guide.

It’s entirely up to you what you place your qualifying bet on. You’ll want to select something that you don’t think will win, so that you’re eligible for the free bet if both teams score.

Having looked at the odds available, we could place our qualifying bet on Leicester in the 1X2 Full Time market.

At the time of writing, laying our bet at Betfair gives us the smallest qualifying loss. Betfair are currently offering new customers 0% commission up to £500 for the first 30 days.

Banner showing the zero commission sign up offer from Betfair.
Banner showing the zero commission sign up offer from Betfair.

If you’re an existing Betfair customer, you can opt in to pay just 2% commission by selecting their Basic reward plan.

For more information about My Betfair Rewards and how to opt in, please see my Betfair 2% Commission page.

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 £9.56…

Space Casino logo

Place £10.00 on Leicester @ 3.90 = Potential profit of £29.00

Betfair logo

Lay £9.56 on Leicester @ 4.10 = Potential liability of £29.63

Outcomes:

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

OutcomeBookieExchangeFree BetProfit/Loss
Leicester win+ £29.00– £29.63£0.63 loss
Leicester don’t win and both teams score– £10.00+ £9.36+ £4.00£3.36 profit
Any other outcome– £10.00+ £9.36£0.64 loss

So, we’ll make a nice profit of £3.36 if Leicester lose or draw and both teams score and we stand to lose a maximum of £0.64 on any other outcome. Risking £0.64 to make a profit of £3.36, gives us effective odds of 6.25. So, given that the odds are just 1.571 (4/7) for both teams to score, this is a profitable offer in the long run.

If eligible, our £5.00 free bet will be credited by 15:00 on Monday 23rd November 2020 and will be valid for 30 days. Free bet stakes are not included in any returns.

If you’re unsure on how to convert your £5.00 free bet into £4.00 cash (80%), please see my Free Bets Guide for a walkthrough of how it should be done.

* Liverpool won the match 3-0, resulting in a loss of £0.64 on this Space Casino offer. *

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Matt Kirman - Matched Betting Blogger

Matt KirmanMatched Betting Blogger

Since 2014, I’ve blogged over £50,000 worth of profit, and made it my mission to make matched betting accessible to everyone.