LV BET – Champions League Offer

The Champions League continues on Tuesday night, and LV BET are getting in on the action! Place a £10.00+ combi bet on Tuesday’s matches, and LV BET will give us a £5.00 bonus. Translated into matched betting terms, this provides us with a profit of £3.91 and here’s how…

Key terms

  • Applies to combi bets placed on Tuesday’s Champions League matches.
  • Promotion is valid from 11:00 until 22:59 on Tuesday 23rd November 2021.
  • Minimum stake of £10.00.
  • Minimum total odds of 2.00 (evens).

Qualifying bet

Please see my qualifying bets guide if you’d like more information about them and how they work.

At the time of writing, Barcelona to beat Benfica and Sevilla to beat Wolfsburg is available at total back odds of 2.96. The lay odds are currently 3.10.

For a walkthrough of how to lay multiples, please see my laying multiples guide.

Smarkets works best for this offer

We can calculate our lay stake using my Matched Betting Calculator

Select bet type

Back Bet (Bookie)

Advanced
%

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: £

As you can see, the calculator tells us that our lay stake should be £9.61…

LV BET logo

Place £10.00 on Barcelona & Sevilla @ 2.96 = Potential profit of £19.60

Smarkets logo

Lay £9.61 on Barcelona & Sevilla @ 3.10 = Potential liability of £20.18

Outcomes

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

OutcomeLV BETSmarketsProfit/Loss
Combi bet wins+ £19.60– £20.18£0.58 loss
Combi bet loses– £10.00+ £9.41£0.59 loss

So, no matter the outcome, we stand to lose a maximum of £0.59 in qualifying for our £5.00 bonus.

Bonus

Our £5.00 bonus will be credited by 13:00 on Wednesday 24th November 2021 and must be used the same day. Bonuses must be wagered once on combi bets (2+ selections). The minimum odds of each selection must be 1.25 (1/4), and the minimum total odds must be 2.00 (evens).

Using straightforward matched betting, we should convert our bonus into 90% cash, so £4.50. If we consider our maximum qualifying loss of £0.59, this provides us with a profit of £3.91 on this LV BET offer!

* Barcelona drew 0-0 with Benfica and Sevilla beat Wolfsburg 2-0, resulting in £3.91 profit on this LV BET offer. *

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Matt Kirman - Matched Betting Blogger

Matt KirmanMatched Betting Blogger

Since 2014, I’ve blogged over £60,000 worth of profit, and made it my mission to make matched betting accessible to everyone.