It’s Man Utd v Liverpool in the Premier League on Sunday and you don’t want to miss this First Goal Wins offer from Betway! Simply bet up to £20.00 on Man Utd or Liverpool to win the match and if our selected team scores first, Betway will pay us out as a winner, in cash, no matter the final result! Translated into matched betting terms, this gives us a potential profit of £84.42 and here’s how…
Key Terms:
- Maximum qualifying stake of £20.00.
- Qualifying single bets must be placed on Man Utd or Liverpool in the Win/Draw/Win market.
- Qualifying bets must be placed before 16:30 (kick-off) on Sunday 20th October 2019.
- If our selected team score first but don’t win, Betway will pay our bet out in cash, within 24 hours.
Qualifying Bet:
If you’re unfamiliar with qualifying bets, please see my Qualifying Bet Strategy page for a walk-through guide on how it should be done.
Having looked at the odds available, we could place our qualifying bet on Man Utd in the Win/Draw/Win market.
If Man Utd score first and go on to draw or lose the match, Betway will pay our bet out as a winner, in cash.
At the time of writing, laying our bet at 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 £18.13…
Place £20.00 on Man Utd @ 4.333 = Potential profit of £66.66
Lay £18.13 on Man Utd @ 4.80 = Potential liability of £68.89
Outcomes:
Let’s have a look at our potential profit/loss for the possible outcomes…
Outcome | Bookie | Exchange | Profit/Loss |
---|---|---|---|
Man Utd score first and win | +£66.66 | -£68.89 | £2.23 loss |
Man Utd score first and don’t win | +£66.66 | +£17.76 | £84.42 profit |
Man Utd don’t score first and win | +£66.66 | -£68.89 | £2.23 loss |
Man Utd don’t score first and don’t win | -£20.00 | +£17.76 | £2.24 loss |
So, if Man Utd score first and go on to draw or lose the game, we’ll receive cash returns of £86.66, giving us a profit of £66.66 at Betway. We’ll also win £17.76 from our lay bet at Smarkets, giving us an overall potential profit of £84.42!
Any other outcome and we’ll lose a maximum of £2.24. Risking £2.24 to make a profit of £84.42, gives us effective odds of 38.69, which I’m sure you’ll agree, makes this a profitable offer in the long run.
If eligible, our cash winnings will be credited within 24 hours of the match ending.
Note: If your team scores first, you can either let it run as above or place an extra back bet on them to lock in a profit. If you decide to guarantee a profit, you just need to divide the sum of your potential loss and potential profit by the back odds. For example, if the back odds are 1.80 (4/5), you would divide £86.65 (£2.23 + £84.42) by 1.80, giving you a back stake of £48.14 and a guaranteed profit of £36.28.
* Man Utd scored first and went on to draw the match 1-1, resulting in a profit of £84.42 on this Betway offer. *
More reload offers – Make £300+ per month
With detailed walkthroughs for all the best offers as they’re released, you’ll be bagging recurring profits in no time.
More reload offers
Pete
Guest userGubbed from betway yesterday in spite of the fact that I was constantly using profits to bet on their site, and then today a bunch of account closure emails from redzone, sportnation and givemebet, who I barely used. Seems like they’re closing ranks.
Matt
1490Betway seem to be one of the stricter bookmakers Pete, in terms of gubbing and restricting customers.
RedZone, SportNation and GiveMeBet are all owned and operated by Argyll Entertainment, so you could look at it as one gubbing, rather than three.
Pete
Guest userHi Matt,
Thanks for the reply. Yeah saw they were the same ownership, and not too bothered about them anyways. With Betway so annoying as was only up a tiny amount on that a/c this year and previous years was always down, so it seems really stupid for them to ditch accounts like this (especially when you consider mustardbet another to fall by the wayside). Very much cutting off their nose in spite of their face. Anyways ho hum. I guess it was inevitable.
Thanks
Fordy
44Winning or losing accounts make no difference. If you are taking the value from them, it’s welcome to the Gub Club.
Of which there are a load of Betway members! 🙂
Holmes
Guest userHi, when I tried to use this offer I seem to only be able to bet a maximum of 4.37 on the game, will this still qualify for money back? Does this mean im just about to be gubbed?
Shaun
Guest userYou are already gubbed, its what they did to me. Minimum bets on most of these deals is £5 so they set your stake below that.
Holmes
Guest userCheers Shaun, I did have a very quick look through the terms and I didn’t see a minimum bet so I placed it anyway.
Electro
9Seems they went on a gubbing spree. I got gubbed last week.
I wonder what is the trigger or triggers that make flag an account.
JammyDodger
Guest userI think it was the ManU match v Arsenal on 30th Sep. I did it on William hill and Betway – then got gubbed
Alan
Guest userJust been gubbed after being with them for 4 weeks, I only bet on their promotions and treble offer.
At least lasted longer than my 2 hours last time.
Filip S
Guest userHello, I dont get it how you do not get gubbed at all, I had an account for 2 weeks and I was gubbed. How does it work for you ? :/
Dave
Guest useryou have to really bet with them to survive forever I think. Got gubbed earlier on in the year by betfred of all places, the one no one ever gets gubbed from.