Real Madrid v Liverpool Offer – 188BET

It’s Real Madrid v Liverpool in the Champions League Final 2018 tonight and you don’t want to miss this 188BET offer! If Mo Salah scores first in Real Madrid v Liverpool, 188BET will refund our first losing mobile bet in cash, up to a maximum of £10.00. Translated into matched betting terms, this gives us a potential profit of £9.19 and here’s how…

Qualifying Bet:

If you’re unfamiliar with qualifying bets, please see my Qualifying Bet Strategy page for a walk-through guide on how they should be done.

Qualifying bets must be placed via mobile between 00:01 on Thursday 24th May 2018 and 19:45 (kick-off) on Saturday 26th May 2018, to be eligible.

Only our first losing bet is refunded in the event that Salah scores first, so we need to select something that we don’t think will come in. Having looked at the odds available, we could place our qualifying bet on No in the Both Teams to Score market.

I like to place my exchange lay bets with Betfair as they have great liquidity and the site is really easy to use.

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 £9.68…

188BET logo

Place £10.00 on ‘Both Teams to Score – No’ @ 3.00 = Potential profit of £20.00

Betfair logo

Lay £9.68 on ‘Both teams to Score? – No’ @ 3.15 = Potential liability of £20.81


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

Either team keeps a clean sheet + £20.00 – £20.81 = £0.81 loss
Both teams score and Salah scores first – £10.00 + £9.19 + £10.00 (cash refund) = £9.19 profit
Both teams score and Salah doesn’t score first – £10.00 + £9.19 = £0.81 loss

So, if both teams score and Salah scores first, we’ll make a nice profit of £9.19. Any other outcome and we’ll have made a loss of £0.81. Risking £0.81 to make a profit of £9.19, gives us effective odds of 12.35. So, given that Salah is odds of just 4.30 to score first, this is a profitable offer in the long run.

Cash refunds will be credited automatically by 12:00 on Tuesday 29th May 2018.

* Real Madrid won the match 3-1 and Benzema scored the first goal, resulting in a loss of £0.81 on this 188BET 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.