Premier League 2019/20 Offer – The Pools

Premier League football is back on Friday and you don’t want to miss this The Pools offer. Simply bet £25.00 on the Premier League 2019/20 outright winner and The Pools will give us a £5.00 free bet to use on the first round of Premier League fixtures! Translated into matched betting terms, this gives us a guaranteed profit of £3.66 and here’s how…

Key Terms:

  • This offer is valid from Wednesday 26th June 2019 until the final whistle of the final game on Sunday 11th August 2019.
  • We must place £25.00 on the 2019/20 Premier League Winner market.
  • We’ll receive a £5.00 free bet to use on the first round of Premier League 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 £25.00 stake and we could win big if our selected team goes on to win the league.

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 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.

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 £25.17…

The Pools logo

Place £25.00 on Man City @ 1.50 = Potential profit of £12.50

Smarkets logo

Lay £25.17 on Man City @ 1.51 = Potential liability of £12.83

Outcomes:

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

Outcome Bookie Exchange Profit/Loss
Man City win +£12.50 -£12.83 £0.33 loss
Man City don’t win -£25.00 +£24.66 £0.34 loss

So, regardless of who wins the league, we’ll lose a maximum of £0.34 in qualifying for our £5.00 free bet.

Free Bet:

Our £5.00 free bet will be credited on Friday 9th August 2019 and will be valid on the first round of Premier League fixtures, being played between Friday 9th August 2019 and Sunday 11th August 2019.

The free bet must be redeemed at odds no greater than 9.00 (8/1) and free bet stakes are not included in any returns.

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 £0.34, this gives us a guaranteed profit of £3.66 on this The Pools offer!

* Man City failed to win the Premier League 2019/20, resulting in a profit of £3.66 on this The Pools offer. *

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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.