It’s the final day of the Premier League 2017/18 season on Sunday and you don’t want to miss this Money Back Special from TLCBet! Simply place a bet of exactly £10.00 on any Premier League market and if our bet loses, TLCBet will give us our money back as a bonus. Translated into matched betting terms, this gives us a guaranteed profit of £5.75 and here’s how…
The Terms:
If you’re unsure about how to place qualifying bets, check out my Qualifying Bet Strategy page for a walk-through guide on how it should be done.
We must place a bet of exactly £10.00 at odds of 2.00 (evens) or greater on any Premier League match taking place on Sunday 13th May 2018. If our bet loses, TLCBet will refund our stake as a bonus. The bonus stake is not returned with any winnings, so it’s effectively the same as a standard free bet.
Qualifying bets must be placed between 10:00 on Friday 11th May 2018 and 15:00 (kick-off) on Sunday 13th May 2018, to be eligible.
Qualifying Bet:
Losing stakes are refunded as a bonus, so this is effectively a risk-free offer. We therefore need to select something with long odds. Having looked at the odds available for Tottenham v Leicester, we could place our qualifying bet on Leicester in the 1X2 Full Time market.
I like to place my exchange lay bets with Betfair as they have great liquidity and the site is really easy to use. Also, if we opt in, they’re charging just 2% commission on Premier League Match Odds bets in May 2018.
We can work out our lay stake by using the ‘Risk-Free Bet’ setting on my matched betting calculator. We can enter £7.50 as our ‘Cashback’ figure as this is the amount we can expect to extract (75%) from our £10.00 bonus refund, should our bet lose…
As you can see, the calculator tells us that our lay stake should be £8.42…
Place £10.00 on Leicester @ 10.00 = Potential profit of £90.00
Lay £8.42 on Leicester @ 11.00 = Potential liability of £84.20
Outcomes:
Let’s have a look at our potential profit/loss for the possible outcomes…
| Leicester win | + £90.00 – £84.20 = £5.80 profit |
| Leicester don’t win | – £10.00 + £8.25 + £7.50 (extract 75% from our £10.00 bonus) = £5.75 profit |
So, regardless of the outcome, we’ll make a guaranteed profit of £5.75 on this TLCBet offer!
If our selection loses, our bonus will be credited within 48 hours of our qualifying bet being settled and will be valid for 5 days.
If you’re unsure how to extract around 75% cash from a £10.00 stake not returned bonus, check out my Free Bet Strategy page for a walk-through guide on how it should be done.
* Leicester lost the match 5-4, resulting in a profit of £5.75 on this TLCBet offer. *
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Matt Kirman – Matched Betting Blogger
Since 2014, I’ve blogged over £100,000 worth of profit, and made it my mission to make matched betting accessible to everyone.