NetBet Offer – Liverpool v Sevilla

The 2015/16 Europa League reaches it’s climax tonight and NetBet are getting in on the action! Simply opt-in to the promotion and bet £20.00 on Liverpool v Sevilla, and NetBet will give us a £10.00 free bet tomorrow. Translated into matched betting terms, this gives us a guaranteed profit of £6.87 and here’s how…

Qualifying Bet:

We must opt-in on the promotion page to be eligible for this offer.

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 on the Europa League Final at minimum 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, I’ve opted to place my qualifying bet on a draw.

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 stakes using my matched betting calculator…

Back Bet (Bookie)

%

Lay Bet (Betting Exchange)

%

Min £
Max £
Lay stake required: £
Bookie
Exchange
Cashback
Total
If back (bookie) bet wins
£
£
£
= £
If lay (exchange) bet wins
£
£
£
= £
Total profit: £

Optimal Underlay

Lay stake required: £
Exchange liability: £

If back (bookie) bet wins: £
If lay (exchange) bet wins: £

Optimal Overlay

Lay stake required: £
Exchange liability: £

If back (bookie) bet wins: £
If lay (exchange) bet wins: £

As you can see, the calculator tells us that our lay stake should be £19.25…

NetBet

Place £20.00 on a draw @ 3.35 = Potential profit of £47.00

smarkets white

Lay £19.25 on a draw @ 3.50 = Potential profit of £48.13

Let’s have a look at our potential profit/loss for the possible outcomes…

Draw + £47.00 – £48.13 = £1.13 loss
Not a draw – £20.00 + £18.87 = £1.13 loss

So, regardless of the result of the match, we will lose £1.13 in qualifying for our £10.00 free bet.

Free Bet:

Our £10.00 free bet will be credited within 48 hours of the promotion ending and must be used on sport within 7 days. Free bet stakes are not included in any returns.

By using straightforward matched betting, we should be able to extract 80% of our £10.00 free bet as cash, so around £8.00. If we take into account our qualifying loss of £1.13, this gives us a guaranteed profit of £6.87 on this NetBet offer.

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Matt Kirman - Matched Betting Blogger

Matt KirmanMatched Betting Blogger

Since 2014, I’ve blogged over £70,000 worth of profit, and made it my mission to make matched betting accessible to everyone.