£3.74
Guaranteed Profit
£3.74
Actual Profit

Saturday Football Offer – MoPlay


Posted by Matt (administrator) Matt
Start Time: 22/06/2019 02:00

There’s a big Saturday of football action to look forward to and you don’t want to miss this MoPlay ‘Bet £10, Get £5’ offer! Simply bet £10.00+ on any of Saturday’s football matches and MoPlay will give us a £5.00 free bet to use on any sport. Translated into matched betting terms, this gives us a guaranteed profit of £3.74 and here’s how…

Banner showing the Saturday football offer from MoPlay

Key Terms:

  • We must bet £10.00 or more on any football match taking place on Saturday 22nd June 2019.
  • Qualifying bets must be placed at odds of 1.50 (1/2) or greater.
  • We must opt in to receive our free bet by clicking ‘Accept’ when prompted by the pop up which appears after we have qualified.

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.

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 Venezuela to beat Bolivia in the Match Betting FT market.

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

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 £9.94…

MoPlay logo

Place £10.00 on Venezuela @ 1.54 = Potential profit of £5.40

Smarkets logo

Lay £9.94 on Venezuela @ 1.57 = Potential liability of £5.66

Outcomes:

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

OutcomeBookieExchangeProfit/Loss
Venezuela win+£5.40-£5.66£0.26 loss
Venezuela don't win-£10.00+£9.74£0.26 loss

So, regardless of the outcome, we’ll lose £0.26 in qualifying for our £5.00 free bet.

Free Bet:

Our £5.00 free bet will be credited upon settlement of our qualifying bet and will be valid on any sport for 72 hours. Free bet stakes will not be included in any returns.

By using straightforward matched betting, we should be able to extract 80% cash from our £5.00 free bet, so £4.00. If we take into account our qualifying loss of £0.26, this gives us a guaranteed profit of £3.74 on this MoPlay offer!

* Venezuela won the match 3-1, resulting in a profit of £3.74 on this MoPlay offer. *

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