Liverpool v PSG Offer – Ladbrokes

It’s Liverpool v PSG on Tuesday night as the Champions League 2018/19 campaign gets underway and you don’t want to miss this Money Back Special from Ladbrokes! Simply place a bet on selected markets for Liverpool v PSG and if our bet loses, Ladbrokes will give us our money back as a free bet, up to £10.00. Translated into matched betting terms, this gives us a guaranteed profit of £5.16 and here’s how…

Key terms

  • Qualifying bets must be placed between 08:00 on Monday 17th September 2018 and 20:00 (kick-off) on Tuesday 18th September 2018.
  • The eligible markets are First/Last/Anytime Goalscorer, Correct Score and #GetAPrice.
  • If our bet loses, Ladbrokes will refund our stake as a free bet, up to a maximum of £10.00.

Qualifying bet

If you’re unsure about how to place qualifying bets, check out my Qualifying Bet Strategy page for a walk-through guide on how it should be done.

Losing stakes are refunded as a free bet, so this is effectively a risk-free bet offer. We therefore need to select something with long odds. Having looked at the odds available, we could place our qualifying bet on a 1-1 draw in the Correct Score market.

Either exchange works for this offer

Betfair and Smarkets are both great options for this offer. If you’ve not used one of them, now is a great time to give them a try.

  • Money back as cash up to £20
  • 0% commission for 60 days

We can work out our lay stake by using the ‘Risk-Free Bet’ setting on my matched betting calculator. We can enter £8.00 as our ‘Cashback’ figure as this is the amount we can expect to extract (80%) from our £10.00 free bet, should our bet lose…

Select bet type

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 £7.54…

Place £10.00 on a 1-1 draw @ 8.00 = Potential profit of £70.00

Betfair logo

Lay £7.54 on a 1-1 draw @ 9.60 = Potential liability of £64.84

Outcomes

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

OutcomeLadbrokesBetfairFree BetProfit/Loss
1-1 draw+ £70.00– £64.84£5.16 profit
Not a 1-1 draw– £10.00+ £7.16+ £8.00£5.16 profit

So, regardless of the outcome, we’ll make a guaranteed profit of £5.16 on this Ladbrokes offer!

If our selection loses, our free bet will be credited within 24 hours of our qualifying bet being settled. Free bets will be valid for 24 hours and free bet stakes will not be returned with any winnings.

If you’re unsure how to extract around 80% cash from a £10.00 free bet, check out my Free Bet Strategy page for a walk-through guide on how it should be done.

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Matt Kirman - Matched Betting Blogger

Matt KirmanMatched Betting Blogger

Since 2014, I’ve blogged over £70,000 worth of profit, and made it my mission to make matched betting accessible to everyone.