Manchester United host Tottenham in the early kick-off today and you won’t want to miss this Sportingbet offer! If Manchester United beat Tottenham, Sportingbet will refund all losing first goalscorers, any time goalscorers and correct score bets, as a free bet up to £25.00. Translated into matched betting terms, this gives us a guaranteed minimum profit of £4.80 and here’s how…
Qualifying Bet:
If you’re unsure about how to place qualifying bets, check out my Qualifying Bet Strategy page for a walkthrough guide on how it should be done.
We need to place our qualifying bet on a correct score that isn’t a Manchester United win. This ensures that if Manchester United win, we will automatically be eligible for a free bet refund as our qualifying bet will have lost. Having looked at the odds available, I’ve opted to place my qualifying bet on a 1-1 draw.
I like to place my exchange lay bets with Smarkets as they have great liquidity in the run up to races, the site is really easy to use and they only charge 2% commission in comparison to the 5% charged by other betting exchanges. We can calculate our lay stakes using the matched betting calculator.
Place £25.00 on a 1-1 draw @ 6.50 = Potential profit of £137.50
Lay £18.51 on a 1-1 draw @ 8.80 = Potential liability of £144.36
Let’s have a look at our potential profit/loss for the possible outcomes…
| 1-1 draw | £137.50 – £144.36 = £6.86 loss |
| Not 1-1 draw and Man Utd win | -£25.00 + £18.14 + £20.00 (extract 80% from our £25.00 free bet) = £13.14 profit |
| Not 1-1 draw and Man Utd don’t win | -£25.00 + £18.14 = £6.86 loss |
So as things stand, we will make a nice profit of £13.14 if Manchester United win and we stand to lose £6.86 on any other outcome. By placing a further lay bet on Manchester United, we can guarantee ourselves a profit on any outcome…
Lay £11.90 on Man Utd @ 1.70 = Potential liability of £8.33
Let’s have a look at our overall profit/loss for the following outcomes…
| 1-1 draw | -£6.86 + £11.66 = £4.80 profit |
| Not 1-1 draw and Man Utd win | £13.14 – £8.33 = £4.81 profit |
| Not 1-1 draw and Man Utd don’t win | -£6.86 + £11.66 = £4.80 profit |
So regardless of the result of the match, we will make a guaranteed minimum profit of £4.80 on this Sportingbet offer.
If you’re unsure how to extract 80% of our £25.00 free bet, check out my Free Bet Strategy page for a walkthrough guide on how it should be done.
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Matt Kirman – Matched 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.