It’s Liverpool v Tottenham in the Champions League tonight and you don’t want to miss this Double Winnings offer from 10Bet. Simply place a £10.00+ pre-match bet on Liverpool or Man City to win and if our selected team wins to nil, 10Bet will double our winnings in free bets, up to £20.00! Translated into matched betting terms, this gives us a potential profit of £14.34 and here’s how…
The Terms:
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.
To qualify, we must place a £10.00+ pre-match bet on Liverpool or Man City in the ‘1X2 FT‘ market. If our selected team wins to nil, 10Bet will double our winnings in free bets.
The maximum free bet is £20.00 per customer and this will be credited within 24 hours of our qualifying bet being settled. Free bets will be valid for 7 days and can be used on any sports market at odds between 1.80 (4/5) and 8.00 (7/1). Free bet stakes are not included in any returns.
Min. pre-match bet £10 on Juventus, Real Madrid, Liverpool or Man City to win | Free Bet credited if your selection wins to nil | Free Bet equal to winnings minus stake | Max. Free Bet £20 | Withdrawal before Free Bet is credited results in ineligibility | Terms apply | 18+
Qualifying bet:
It’s entirely up to you which team you place your qualifying bet on. Having looked at the odds available, we could place our qualifying bet on Liverpool.
In order to work out our back stake, we need to divide £20.00 by 2.00 (back odds minus 1.00). This gives us a back stake of £10.00, which is perfect as it’s best that we stick to round numbers when placing our qualifying bet.
I like to place my exchange lay bets with Betfair as they have great liquidity and the site is really easy to use.
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 £9.84…
Place £10.00 on Liverpool @ 3.00 = Potential profit of £20.00
Lay £9.84 on Liverpool @ 3.10 = Potential liability of £20.66
Outcomes:
Let’s have a look at our potential profit/loss for the possible outcomes…
| Liverpool win the match but not to nil | + £20.00 – £20.66 = £0.66 loss |
| Liverpool win the match to nil | + £20.00 – £20.66 + £15.00 (75% extracted from £20.00 free bet) = £14.34 profit |
| Liverpool don’t win the match | – £10.00 + £9.34 = £0.66 loss |
So, if Liverpool win the match to nil, we’ll make a nice profit of £14.34. Any other outcome and we’ll lose £0.66. Risking £0.66 to make a profit of £14.34, gives us effective odds of 22.73. So, given that Liverpool are odds of just 5.15 to win the match to nil, this is a profitable offer in the long run.
* Liverpoool won the match 3-0, resulting in a profit of £14.34 on this 10Bet offer. *
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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.