I’ve blogged this offer retrospectively as I wanted to make sure I’d got the maths right before I shared it with you guys. Sky Bet have been running some nice Sunday price boost offers recently and I thought it was time that I exploited one. This week they boosted all six Premier League teams to score from 5/1 to 8/1. Translated into matched betting terms, this gives us a potential profit of £27.15 and here’s how…
Price Boost Bet:
I don’t know if different people have different maximum stakes, but the maximum stake I was able to place was £27.50.
Match 1: Burnley v West Brom (12:00pm)
On the first match, we have to cover our original stake of £27.50. If we divide £27.50 by 0.95 (to account for the 5% Betfair commission), this gives us a lay stake of £28.95.
If both teams score | -£27.50 – £30.69 = -£58.19 |
If someone keeps a clean sheet | -£27.50 + £27.50 = £0.00 |
So if either Burnley or West Brom keep a clean sheet, the offer will be over and we’ll have broken even. However, if both teams score, we will lose £30.69. This means on the next match we will have to cover both the £30.69 and the original stake of £27.50. If we divide £58.19 by 0.95 (to account for the 5% Betfair commission), this gives us a lay stake of £61.25.
Match 2: Newcastle v Stoke (2:05pm)
If both teams score | -£27.50 – £30.69 – £59.41 = -£117.60 |
If someone keeps a clean sheet | -£27.50 – £30.69 + £58.19 = £0.00 |
So if either Newcastle or Stoke keep a clean sheet, the offer will be over and we’ll have broken even. However, if both teams score, we will lose £59.41. This means on the next match we will have to cover the £59.41, £30.69 and the original stake of £27.50. If we divide £117.60 by 0.95 (to account for the 5% Betfair commission), this gives us a lay stake of £123.79.
Match 3: West Ham v Man United (4:15pm)
If both teams score | -£30.69 – £59.41 – £106.46 + £220.00 = £27.15 profit |
If someone keeps a clean sheet | -£27.50 – £30.69 – £59.41 + £117.60 = £0.00 |
So if either West Ham or Man United keep a clean sheet, we’ll have broken even. However, if both teams score, we’ll have made a nice profit of £27.15!
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Matt Kirman – Matched 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.