Premier League 2019/20 Offer – Genting Bet

Premier League football is back on Friday and you don’t want to miss this Genting Bet offer. Simply bet £10.00+ on the Premier League 2019/20 top goalscorer and Genting Bet will give us a £5.00 free bet to use on Premier League Gameweek 1! Translated into matched betting terms, this gives us a potential profit of £2.74 and here’s how…

Key Terms:

  • Qualifying bets must be placed between 00:00 on Wednesday 24th July 2019 and 23:59 on Thursday 8th August 2019.
  • We must place £10.00+ on the 2019/20 Premier League Top Goalscorer market.
  • We’ll receive a £5.00 free bet to use on Premier League Gameweek 1 fixtures.

NOTE: This post has been put together from a matched betting perspective. It’s important to bear in mind though that this means tying up some of our exchange funds until the end of the season. The alternative is to place a qualifying bet without laying. We’ll be able to extract £4.00 cash from our £5.00 free bet to cover some of the £10.00 stake and we could win big if our selected player goes on to be top goalscorer.

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.

It’s entirely up to you which player you place your qualifying bet on. Having looked at the odds available, we could place our qualifying bet on Pierre-Emerick Aubameyang.

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

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 £9.20…

Genting Bet logo

Place £10.00 on Aubameyang @ 7.50 = Potential profit of £65.00

Betfair logo

Lay £9.20 on Aubameyang @ 8.20 = Potential liability of £66.24

Outcomes:

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

Outcome Bookie Exchange Profit/Loss
Aubameyang top scores +£65.00 -£66.24 £1.24 loss
Aubameyang doesn’t top score -£10.00 +£8.74 £1.26 loss

So, regardless of who finishes top goalscorer, we’ll lose a maximum of £1.26 in qualifying for our £5.00 free bet.

NOTE: It’s worth pointing out that if we select the same player for the various different bookmaker Top Goalscorer offers, we would need a large amount in our exchange account to cover the overall liability. By selecting a few different players, we can reduce our overall liability at the exchange. That’s because only one player can be top goalscorer (winnings are reduced if players finish tied), so we just need enough exchange funds to cover the player with the largest liability.

Free Bet:

Our £5.00 free bet will be credited by 12:00 on Friday 9th August 2019 and will be valid on Premier League Gameweek 1 fixtures, until 17:30 on Sunday 11th August 2019.

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 maximum qualifying loss of £1.26, this gives us a guaranteed profit of £2.74 on this Genting Bet offer!

* Aubameyang failed to finish the season as Top Goalscorer, resulting in a profit of £2.74 on this Genting Bet offer. *

Got a question?
Leave me a comment below…

I usually respond within 24 hours.

Matt Kirman - Matched Betting Blogger

Matt KirmanMatched 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.