£11.45
Potential Profit
- -
Actual Profit

Premier League 2018/19 Offer – Toals


Posted by Matt (administrator) Matt
Start Time: 10/08/2018 20:00

The Premier League 2018/19 season gets underway on Friday night and you don’t want to miss this Toals offer. Simply bet £20.00 on the Premier League Outright Winner and Toals will give us a £5.00 free bet every time our team wins a match in August! Translated into matched betting terms, this gives us a potential profit of £11.45 and here’s how…

Key Terms:

  • Qualifying bets must be placed before 19:30 on Friday 10th August 2018.
  • The minimum stake to qualify is £20.00.
  • £5.00 free bet will be awarded for every league match our selected team wins in August 2018.

Qualifying Bet:

It’s entirely up to you which team you place your qualifying bet on. Having looked at the odds available, we could place our qualifying bet on Man City.

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

Just bear in mind that our exchange funds will be tied up until the end of the season. The alternative is to not lay our bet and just let the qualifying bet run. Man City should win enough matches to cover some of the £20.00 stake and we could win big if they go on to win the league.

We can calculate our lay stake 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 £19.85…

Toals logo

Place £20.00 on Man City @ 1.667 = Potential profit of £13.34

Smarkets logo

Lay £19.85 on Man City @ 1.70 = Potential liability of £13.89

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

Man City win + £13.34 – £13.89 = £0.55 loss
Man City don't win - £20.00 + £19.45 (£19.85 minus 2% commission) = £0.55 loss

So, regardless of who wins the league, we’ll lose £0.55 in qualifying for our potential free bets.

NOTE: It’s worth pointing out that if we select the same team for the various different bookmaker Outright Winner offers, we would need a large amount in our exchange account to cover the overall liability. By selecting a few different teams, we can reduce our overall liability at the exchange. That’s because only one team can win the league, so we just need enough exchange funds to cover the team with the largest liability.

Free Bets:

For every match that Man City win in August 2018, we’ll receive a £5.00 free bet by the end of that particular gameweek. Free bets will be valid for 7 days and free bet stakes are not included in any returns.

In August, Man City face Arsenal (A), Huddersfield (H) and Wolves (A). If Man City win all 3 matches, we’ll receive £15.00 in free bets.

By using straightforward matched betting, we should be able to extract 80% cash from our £15.00 in free bets, so £12.00. If we take our qualifying loss of £0.55 into account, we stand to make a potential profit of £11.45 on this Toals offer!

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