Arsenal face Chelsea in the FA Cup Final today and you don’t want to miss this NetBet offer. Simply place a pre-match single bet on the ‘Match Winner and Both Teams to Score’ market for Arsenal v Chelsea and NetBet will double our winnings, up to £20.00, in free bets! Translated into matched betting terms, this gives us a potential profit of £13.66 and here’s how…
Qualifying Bet:
We must opt in to this promotion before 17:30 on Saturday 27th May 2017, to be eligible.
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.
Qualifying bets must be placed pre-match and the result at the end of 90 minutes will be used for settlement purposes.
To qualify, we must place a bet on the Match Winner and Both Teams to Score market. If our bet wins, NetBet will double our winnings in free bets.
The maximum free bet is £20.00 per customer and this will be credited on Monday 29th May 2017 and will be valid for 7 days. Free bets stakes are not included in any returns.
It’s entirely up to you which fighter you go for. Having looked at the odds available, I’ve opted to place my qualifying bet on Draw with goals.
In order to work out our back stake, we need to divide £20.00 by 3.60 (back odds minus 1.00). This gives us a back stake of £5.56. It’s best that we stick to round numbers when placing our qualifying bet, so I’ll stake £5.00 instead.
I like to place my exchange lay bets with Smarkets as they have great liquidity, the site is really easy to use and they only charge 2% commission in comparison to the 5% charged by other betting exchanges.
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 £4.36…
Place £5.00 on ‘Draw with goals’ @ 4.60 = Potential profit of £18.00
Lay £4.36 on ‘Draw/Yes’ @ 5.30 = Potential liability of £18.74
Let’s have a look at our potential profit/loss for the possible outcomes…
| Draw with goals | + £18.00 – £18.74 + £14.40 (80% extracted from £18.00 free bet) = £13.66 profit |
| Not a draw with goals | – £5.00 + £4.27 (£4.36 minus 2% commission) = £0.73 loss |
So, if the game is a score draw after 90 minutes, we’ll make a nice profit of £13.66. Any other outcome and we’ll lose £0.73. Risking £0.73 to make a profit of £13.66, gives us effective odds of 19.71. So, given that the odds are 4.60 on the game to be a draw with goals, this is a profitable offer in the long run.
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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.