Great offer from Stan James this week. All you need to do is place a single bet at odds of 2/1 or greater via Mobile or Tablet on any FA Cup match involving a Premier League side, and if it goes on to win Stan James will match your stake as a Free Bet up to £25.00. Translated into matched betting terms, this gives us a potential profit of £5.86! And here’s how…
It’s entirely up to you which selection you go for but I’ve gone for Leicester City to win away at Stoke City.
Step 1:
Place £25.00 on Leicester City @ Stan James @ 3.4 = Potential profit of £60.00.
Lay £22.97 on Leicester City @ Betfair @ 3.75 = Potential liability of £63.17.
Step 2:
Let’s have a look at our current potential profit/loss for the two outcomes…
| Leicester City win | £60.00 – £63.17 + £18.75 (Assumes a 75% return from our £25.00 free bet) = £15.58 |
| Leicester City don’t win | -£25.00 + £21.82 = -£3.18 |
So as things stand we will win £15.58 if Leicester City win the match! Unfortunately, we also stand to lose just over £3.00 if Leicester City don’t win and so we need to insure ourselves against this by laying Leicester City at Betfair.
Step 3:
As £3.18 is the maximum we stand to lose, we need to work out our draw lay stake by taking commission into consideration. £3.18 / 0.95 = £3.35.
Lay £3.35 on Leicester City @ Betfair @ 3.9 = Potential liability of £9.72.
Now let’s have a look at our overall potential profit/loss for the two outcomes…
| Leicester City win | £15.58 – £9.72 = £5.86 profit |
| Leicester City don’t win | -£3.18 + £3.18 = £0.00 |
So, if Leicester City don’t win, we break even, but if they do win then we make £5.86 profit for very little work!
More reload offers – Make £300+ per month
With detailed walkthroughs for all the best offers as they’re released, you’ll be bagging recurring profits in no time.
More reload offers
Got a question?
Leave me a comment below…
I usually respond within 24 hours.
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.