It’s Man Utd v Tottenham at Wembley this evening and Genting Bet are getting in on the action! Simply place a £10.00 pre-match bet on Man Utd v Tottenham and Genting Bet will give us a free bet equal to the amount of goals scored in the game. Translated into matched betting terms, this gives us a potential profit of £3.05 and here’s how…
Qualifying Bet:
If you’re unfamiliar with qualifying bets, please see my Qualifying Bet Strategy page for a walk-through guide on how they should be done.
Our qualifying bet must be placed at odds of 1.80 (4/5) or greater, to be eligible.
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 Tottenham in the Match Result market.
I like to place my exchange lay bets with Betfair as they have great liquidity and the site is really easy to use.
We can calculate our lay stakes using my matched betting calculator…
As you can see, the calculator tells us that our lay stake should be £9.79…
Place £10.00 on Tottenham @ 2.30 = Potential profit of £13.00
Lay £9.79 on Tottenham @ 2.40 = Potential liability of £13.70
Let’s have a look at our potential profit/loss for the possible outcomes…
| Tottenham win | + £13.00 – £13.70 = £0.70 loss |
| Tottenham don’t win | – £10.00 + £9.30 (£9.79 minus 5% commission) = £0.70 loss |
So, regardless of the result of the match, we’ll lose £0.70 in qualifying for our potential free bets.
Free Bets:
We’ll receive a free bet equal to the amount of goals scored in the game. Free bets will be credited by 23:59 on Sunday 22nd April 2018 and will be valid for 3 days.
Free bets must be placed at odds no greater than 5.00 (4/1). By using straightforward matched betting, we should be able to extract 75% of any free bets as cash.
Therefore, if 5 goals are scored in the game, we’ll receive a £5.00 free bet, from which we can extract £3.75 cash. If we take into account our qualifying loss of £0.70, this gives us a potential profit of £3.05 on this Genting Bet offer!
* Man Utd won the match 2-1, resulting in a profit of £1.55 on this Genting Bet 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.