It’s Man Utd v Juventus in the Champions League on Tuesday and you don’t want to miss this Money Back Special from Ladbrokes! Simply place a bet on selected markets for Man Utd v Juventus 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 £5.38 and here’s how…
Key Terms:
- Qualifying bets must be placed between 08:00 and 20:00 (kick-off) on Tuesday 23rd October 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 2-1 Man Utd.
At the time of writing, laying our bet at Smarkets gives us the biggest guaranteed profit.
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…
As you can see, the calculator tells us that our lay stake should be £7.57…
Place £10.00 on 2-1 Man Utd @ 11.00 = Potential profit of £100.00
Lay £7.57 on 2-1 Man Utd @ 13.50 = Potential liability of £94.62
Outcomes:
Let’s have a look at our potential profit/loss for the possible outcomes…
| 2-1 Man Utd | + £100.00 – £94.62 = £5.38 profit |
| Not 2-1 Man Utd | – £10.00 + £7.41 + £8.00 (extract 80% from our £10.00 free bet) = £5.41 profit |
So, regardless of the outcome, we’ll make a guaranteed profit of £5.38 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 7 days 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.
* Juventus won the match 1-0, resulting in a profit of £5.41 on this Ladbrokes offer. *
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Matt Kirman – Matched Betting Blogger
Since 2014, I’ve blogged over £85,000 worth of profit, and made it my mission to make matched betting accessible to everyone.