It’s Newcastle v Arsenal in the Premier League on Sunday and you don’t want to miss this Vbet ‘Bet £20, Get £5’ offer! Place a £20.00+ bet on Newcastle v Arsenal and Vbet will give us a £5.00 free bet to use on any English Premier League match. Translated into matched betting terms, this gives us a guaranteed profit of £3.60 and here’s how…
Key Terms:
- We must bet £20.00+ at odds of 1.50 (1/2) or greater.
- Qualifying bets can be placed pre-match or in play.
- Qualifying bets must be placed by 15:30 on Sunday 11th August 2019.
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 Arsenal in the Match Result market.
At the time of writing, laying our bet at Smarkets gives us the smallest qualifying loss.
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 £20.00…
Place £20.00 on Arsenal @ 1.91 = Potential profit of £18.20
Lay £20.00 on Arsenal @ 1.93 = Potential liability of £18.60
Outcomes:
Let’s have a look at our potential profit/loss for the possible outcomes…
| Outcome | Bookie | Exchange | Profit/Loss |
|---|---|---|---|
| Arsenal win | +£18.20 | -£18.60 | £0.40 loss |
| Arsenal don’t win | -£20.00 | +£19.60 | £0.40 loss |
So, regardless of the outcome, we’ll lose £0.40 in qualifying for our £5.00 free bet.
Free Bet:
Our £5.00 free bet will be credited by 22:00 on Monday 12th August 2019 and will be valid on any English Premier League market for 7 days.
By using straightforward matched betting, we should be able to extract 80% cash from our £5.00 free bet, so £4.00. If we take into account our qualifying loss of £0.40, this gives us a guaranteed profit of £3.60 on this Vbet offer!
* Arsenal won the match 1-0, resulting in a profit of £3.60 on this Vbet 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.