It’s Man City v Chelsea in the Premier League on Saturday and you don’t want to miss this 12Bet Money Back Special! Simply bet £5.00+ on any market and if the match ends in a draw, 12Bet will refund our stake as a bonus, up to £20.00. Translated into matched betting terms, this gives us a potential profit of £14.18 and here’s how…
Key Terms:
- Minimum stake of £5.00.
- Qualifying bets must be placed at odds of 1.60 (3/5) or greater.
- Applies to pre-match bets on all Man City v Chelsea markets.
- If the match ends in a draw, 12Bet will refund losing stakes as a bonus, up to £20.00.
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 they should be done.
It’s entirely up to you what you place your qualifying bet on. Having looked at the odds available, we could place our qualifying bet on Chelsea in the 1X2 Full Time market.
At the time of writing, laying our bet with Smarkets gives us the smallest qualifying loss.
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 £18.56…
Place £20.00 on Chelsea @ 6.85 = Potential profit of £117.00
Lay £18.56 on Chelsea @ 7.40 = Potential liability of £118.78
Outcomes:
Let’s have a look at our potential profit/loss for the possible outcomes…
| Outcome | Bookie | Exchange | Extracted | Profit/Loss |
|---|---|---|---|---|
| Chelsea win | +£117.00 | -£118.78 | £1.78 loss | |
| Draw | -£20.00 | +£18.18 | +£16.00 | £14.18 profit |
| Man City win | -£20.00 | +£18.18 | £1.82 loss |
So, we’ll make a nice profit of £14.18 if the match is a draw and we stand to lose a maximum of £1.82 on any other outcome. Risking £1.82 to make a profit of £14.18 gives us effective odds of 8.79. So, given that the odds are 4.95 for the match to be a draw, this a profitable offer in the long run.
If eligible, bonuses will be credited within 48 hours of our qualifying bet being settled.
If you’re unsure how to extract £16.00 cash (80%) from the £20.00 bonus (stake not returned), check out my Free Bet Strategy page for a walk-through guide on how it should be done.
* Man City won the match 2-1, resulting in a loss of £1.82 on this Bet UK offer. *
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Matt Kirman – Matched Betting Blogger
Since 2014, I’ve blogged over £100,000 worth of profit, and made it my mission to make matched betting accessible to everyone.