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Premier League Offer – Space Casino

There’s a big weekend of Premier League football to look forward to and you don’t want to miss this Space Casino free bet offer. Place a £10.00+ pre-match bet on Everton v Man Utd or Man City v Liverpool and if our bet loses and all four teams score, Space Casino will give us a £5.00 free bet. Translated into matched betting terms, this gives us a potential profit of £3.58 and here’s how…

Key Terms:

  • Minimum stake of £10.00.
  • We must place a bet on Everton v Man Utd or Man City v Liverpool before 12:30 on Saturday 7th November 2020.
  • Applies to any Result (win/lose/draw) or Exact Score market.

Qualifying Bet:

If you’d like more information about qualifying bets and how they work, please see my Qualifying Bets Guide.

Our free bet is triggered if our qualifying bet loses and Everton, Man Utd, Man City and Liverpool all score. Ideally, we should place our qualifying bet on an exact score that doesn’t see both teams scoring.

Having looked at the odds available though for Everton v Man Utd, we can minimise our qualifying loss by betting on a Draw in the 1X2 Full Time market.

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

If you’re not yet signed up, Smarkets are currently offering a £10.00 welcome bonus for new customers.

Banner showing the £10 welcome bonus offer from Smarkets

Banner showing the £10 welcome bonus offer from Smarkets

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 £9.78…

Space Casino logo

Place £10.00 on a Draw @ 3.60 = Potential profit of £26.00

Smarkets logo

Lay £9.78 on a Draw @ 3.70 = Potential liability of £26.40

Outcomes:

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

Outcome Bookie Exchange Free Bet Profit/Loss
Draw +£26.00 -£26.40 £0.40 loss
Not a draw and all four teams score -£10.00 +£9.58 +£4.00 £3.58 profit
Not a draw and not all four teams score -£10.00 +£9.58 £0.42 loss

So, we’ll make a nice profit of £3.58 if Everton v Man Utd isn’t drawn and Everton, Man Utd, Man City and Liverpool all score. Any other outcome and we stand to lose a maximum of £0.42. Risking £0.42 to make a profit of £3.58, gives us effective odds of 9.52. So, given that the odds are just 2.25 (5/4) for all four teams to score, this is a profitable offer in the long run.

If eligible, our £5.00 free bet will be credited by 15:00 on Monday 9th November 2020 and will be valid for 30 days. Free bet stakes are not included in any returns.

If you’re unsure how to convert your £5.00 free bet into £4.00 cash (80%), please see my Free Bets Guide for a walk-through of how it should be done.

* Man Utd beat Everton 3-1 and Man City drew 1-1 with Liverpool, resulting in a profit of £3.58 on this Space Casino offer. *

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Matt Kirman - Matched Betting Blogger

Matt KirmanMatched Betting Blogger

Since 2014, I’ve blogged over £60,000 worth of profit, and made it my mission to make matched betting accessible to everyone.