There’s a big weekend of Premier League football to look forward to and you don’t want to miss this K8 ‘Bet £25, Get £10’ offer! Place a single bet of £25.00 or more on any pre-match Premier League market on Saturday and K8 will give us a £10.00 free bet to be used in play on Sunday. Translated into matched betting terms, this gives us a guaranteed profit of £6.26 and here’s how…
Key Terms:
- We must place a pre-match single bet on any Premier League match taking place on Saturday 18th August 2018.
- The minimum qualifying stake is £25.00.
- Qualifying bet must be placed at odds of 3.00 (2/1) or greater.
- Qualifying bet must be placed on Saturday 18th August 2018.
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 for Everton v Southampton, we could place our qualifying bet on a Draw in the ‘1X2‘ 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 £23.74…
Place £25.00 on a draw @ 3.40 = Potential profit of £60.00
Lay £23.74 on a draw @ 3.60 = Potential liability of £61.72
Let’s have a look at our potential profit/loss for the possible outcomes…
| Draw | + £60.00 – £61.72 = £1.72 loss |
| Not a draw | – £25.00 + £23.26 (£23.74 minus 2% commission) = £1.74 loss |
So, regardless of the result of the match, we’ll lose a maximum of £1.74 in qualifying for our £10.00 free bet.
Free Bet:
Our £10.00 free bet must be used in play at odds of 3.00 (2/1) or greater on any Premier League market on Sunday 19th August 2018.
By using straightforward matched betting, we should be able to extract 80% cash from the £10.00 free bet, so £8.00. If we take into account our maximum qualifying loss of £1.74, this gives us a guaranteed profit of £6.26 on this K8 offer!
* Everton won the match 2-1, resulting in a profit of £6.26 on this K8 offer. *
More reload offers – Make £300+ per month
With detailed walkthroughs for all the best offers as they’re released, you’ll be bagging recurring profits in no time.
More reload offers
Got a question?
Leave me a comment below…
I usually respond within 24 hours.
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.