Real Madrid v Liverpool Offer – Genting Bet

It’s Real Madrid v Liverpool in the Champions League Final 2018 on Saturday and Genting Bet are getting in on the action! Simply place a £10.00 pre-match bet on Real Madrid v Liverpool and Genting Bet will give us a free bet equal to the amount of goals scored in the game. Translated into matched betting terms, this gives us a potential profit of £3.00 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 at odds of 1.80 (4/5) or greater between 00:00 on Tuesday 22nd May 2018 and 19:45 (kick-off) on Saturday 26th May 2018, to be eligible.

It’s entirely up to you what you place your qualifying bet on. Having looked at the odds available, we could place our qualifying bet on a Draw in the Match Result 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 stakes 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 £9.74…

Genting Bet logo

Place £10.00 on a draw @ 3.75 = Potential profit of £27.50

Betfair logo

Lay £9.74 on a draw @ 3.90 = Potential liability of £28.24

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

Draw + £27.50 – £28.24 = £0.74 loss
Not a draw – £10.00 + £9.25 (£9.74 minus 5% commission) = £0.75 loss

So, regardless of the result of the match, we’ll lose a maximum of £0.75 in qualifying for our potential free bets.

Free Bets:

We’ll receive a free bet equal to the amount of goals scored in the game. Free bets will be credited by 23:59 on Sunday 27th May 2018 and will be valid for 3 days.

Free bets must be placed at odds no greater than 5.00 (4/1). By using straightforward matched betting, we should be able to extract 75% of any free bets as cash.

Therefore, if 5 goals are scored in the game, we’ll receive a £5.00 free bet, from which we can extract £3.75 cash. If we take into account our maximum qualifying loss of £0.75, this gives us a potential profit of £3.00 on this Genting Bet offer!

* Real Madrid won the match 3-1, resulting in a profit of £2.25 on this Genting Bet offer. *

Got a question?
Leave me a comment below

I usually respond within 24 hours.

Matt Kirman - Matched Betting Blogger

Matt KirmanMatched Betting Blogger

Since 2014, I’ve blogged over £70,000 worth of profit, and made it my mission to make matched betting accessible to everyone.