£6.33
Potential Profit
£3.13
Actual Profit

Real Madrid v Man City Offer – 10Bet


Posted by Matt (administrator) Matt
Start Time: 26/02/2020 20:00

It’s Real Madrid v Man City on Wednesday night and 10Bet are getting in on the action! Simply opt-in and place a £40.00+ pre-match bet on Real Madrid v Man City and 10Bet will give us a £2.00 free bet for every goal scored. Translated into matched betting terms, this gives us a potential profit of £6.33 and here’s how…

Key Terms:

  • We must opt-in on the promotion page to be eligible.
  • Qualifying bets must be placed between 00:01 and 20:00 (kick-off) on Wednesday 26th February 2020.
  • The minimum stake to qualify is £40.00.
  • We must place our bet at odds of 1.80 (4/5) or greater.

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.

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 1X2 FT market.

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

Betfair are currently offering new customers 0% commission up to £500 for the first 30 days.

Banner showing the zero commission sign up offer from Betfair

Banner showing the zero commission sign up offer from Betfair

If you’re an existing Betfair customer, you can opt in to pay just 2% commission by selecting their Basic reward plan.

For more information about My Betfair Rewards and how to opt in, please see my Betfair 2% Commission page.

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 £39.12…

10Bet logo

Place £40.00 on a draw @ 3.55 = Potential profit of £102.00

Betfair logo

Lay £39.12 on a draw @ 3.65 = Potential liability of £103.66

Outcomes:

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

OutcomeBookieExchangeProfit/Loss
Draw+£102.00-£103.66£1.66 loss
Not a draw-£40.00+£38.33£1.67 loss

So, regardless of the outcome, we’ll lose a maximum of £1.67 in qualifying for our potential free bet.

Free Bet:

The amount of our free bet will be £2.00 multiplied by the number of goals scored in the game and will be credited 24 hours after settlement of our qualifying bet. Free bets will be valid for 7 days and free bet stakes will not be included with any returns.

By using straightforward matched betting, we should be able to extract 80% cash from any free bet.

Therefore, if there are 5 goals in the game, we’ll receive a £10.00 free bet, from which we can extract £8.00 cash. If we take into account our qualifying loss of £1.67, this gives us a potential profit of £6.33 on this 10Bet offer!

* Man City won the match 2-1, resulting in a profit of £3.13 on this 10Bet offer. *

Comments


  1. Bob

    Guest user

    Has this promotion been pulled? I don’t see it on the link

    +0
    Reply

Post a comment


Your email address will not be published. Required fields are marked *