£39.16
Potential Profit
£-0.85
Actual Profit

Man Utd v Tottenham Offer – Betway


Posted by Matt (administrator) Matt
Start Time: 04/10/2020 16:30

It’s Man Utd v Tottenham in the Premier League on Sunday and you don’t want to miss this Betway early payout offer! Simply bet up to £10.00 on Man Utd or Tottenham 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 £39.16 and here’s how…

Key Terms:

  • Maximum qualifying stake of £10.00.
  • Qualifying single bets must be placed on Man Utd or Tottenham in the Win/Draw/Win market.
  • Qualifying bets must be placed before 16:30 (kick-off) on Sunday 4th October 2020.
  • If our selected team score first, Betway will pay our bet out in cash, within minutes.

Qualifying Bet:

If you’re unfamiliar with early payout offers, please see my Bet365 Early Payout (2UP) guide for a walk-through of how they should be done.

Having looked at the odds available, we could place our qualifying bet on Tottenham. If Tottenham score first, Betway will pay our bet out as a winner.

At the time of writing, laying our bet at Betfair gives us the smallest qualifying loss.

Betfair are currently offering new customers 0% commission up to £500 for the first 30 days.

Banner showing the zero commission sign up offer from Betfair

Banner showing the zero commission sign up offer from Betfair

If you’re an existing Betfair customer, you can opt in to pay just 2% commission by selecting their Basic reward plan.

For more information about My Betfair Rewards and how to opt in, please see my Betfair 2% Commission page.

We can calculate our lay stake using my Early Payout Calculator

2-Way Dutch
Advanced

Back bet (Bookie)1st Bookie

2nd Bookie

Recommended stake
-

Lay Bet (Betting Exchange)

%
Lay stake
-
Liability
-
The bookmaker has paid out early
Back stakeStake
-
Bookie
Exchange
Total
If team wins
If team draws
If team loses
Bookie 1
Bookie 2
Bookie 3
Total
If selection wins
If selection loses

As you can see, the calculator tells us that we should lay £9.35 against Tottenham

Betway logo

Place £10.00 on Tottenham @ 4.00 = Potential profit of £30.00

Betfair logo

Lay £9.35 on Tottenham @ 4.30 = Potential liability of £30.85

No Early Payout:

Let’s have a look at our potential profit/loss if Tottenham don’t score first…

Outcome Bookie Exchange Profit/Loss
Tottenham win +£30.00 -£30.85 £0.85 loss
Tottenham don't win -£10.00 +£9.16 £0.84 loss

So, worst case scenario, we’ll lose a maximum of £0.85 in qualifying for this offer.

Early Payout!

If Tottenham score first, we need to select the early payout toggle (in the grey section) to tell the calculator that ‘The bookmaker has paid out early‘…

2-Way Dutch
Advanced

Back bet (Bookie)1st Bookie

2nd Bookie

Recommended stake
-

Lay Bet (Betting Exchange)

%
Lay stake
-
Liability
-
The bookmaker has paid out early
Back stakeStake
-
Bookie
Exchange
Total
If team wins
If team draws
If team loses
Bookie 1
Bookie 2
Bookie 3
Total
If selection wins
If selection loses

As you can see, our potential profit/loss is as follows, now that Betway have paid out early…

Outcome Bookie Exchange Profit/Loss
Tottenham win +£30.00 -£30.85 £0.85 loss
Tottenham don't win +£30.00 +£9.16 £39.16 profit

So, if we let things run and Tottenham go on to win, we’ll still lose £0.85, but if Tottenham draw or lose, we’ll make a profit of £39.16!

Lock in Profit:

If we decide to lock in a profit, we’ll need to enter the back odds for Tottenham to win at Betfair. I’ll use back odds of 1.60 to illustrate how locking in a profit should work…

2-Way Dutch
Advanced

Back bet (Bookie)1st Bookie

2nd Bookie

Recommended stake
-

Lay Bet (Betting Exchange)

%
Lay stake
-
Liability
-
The bookmaker has paid out early
Back stakeStake
-
Bookie
Exchange
Total
If team wins
If team draws
If team loses
Bookie 1
Bookie 2
Bookie 3
Total
If selection wins
If selection loses

As you can see, the calculator tells us that we need to stake £25.13 on Tottenham to win at Betfair.

Betfair logo

Place £25.13 on Tottenham @ 1.60 = Potential profit of £15.08

Now let’s have a look at our overall potential profit for the possible outcomes…

Outcome Bookie Exchange Profit/Loss
Tottenham win +£30.00 -£15.77 £14.23 profit
Tottenham don't win +£30.00 -£15.78 £14.22 profit

So, regardless of the outcome, we would make a guaranteed profit of £14.22 on this match!

If eligible, our cash winnings will be credited within minutes of the first goal being scored, but allow up to 24 hours.

* Man Utd scored first and went on to lose the match 6-1, resulting in a loss of £0.85 on this Betway offer. *

Comments


  1. Janos V

    Guest user

    Hi boys, I’m new at matchedbett and obviously bit confused… What do you mean “lay £9.35 on Tottenham at 4.30”??

    Does it mean to place a bet to draw/man utd as a double chance? But it’s odds around 1.30…

    Thanks for you answer!

    +0
    Reply
    1. Matt

      341

      Matched betting involves laying bets at a betting exchange Janos. You can learn the process in my Matched Betting Guide.

      Placing a bet on ‘Man Utd/Draw’ in the Double Chance market is an option, though this would be a process called dutching, so you would need to use the 2-Way Dutch setting at the top of the Early Payout Calculator.

      +0
      Reply
  2. Kieran

    Guest user

    Does the profit lock in work regardless of if Spurs score first or not?

    +0
    Reply
    1. Matt

      341

      No Kieran, you can only lock in a profit if your selected team score the first goal.

      +1
      Reply

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