Man City host Man Utd in the Premier League tonight and Stan James are getting in on the action. Simply place a £20.00 bet on the Match Betting market for Man City v Man Utd and if our bet is a winner, Stan James will give us a £5.00 free bet. Translated into matched betting terms, this gives us a potential profit of £3.20 and here’s how…
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.
Qualifying bets must be placed between 09:00 on Tuesday 25th April 2017 and 20:00 on Thursday 27th March 2017, to be eligible.
Having looked at the odds available, I’ve opted to place my qualifying bet on Man City.
I like to place my exchange lay bets with Smarkets as they have great liquidity, 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 stake using the matched betting calculator…
As you can see, the calculator tells us that our lay stake should be £19.59…
Place £20.00 on Man City @ 1.90 = Potential profit of £18.00
Lay £19.59 on Man City @ 1.96 = Potential liability of £18.80
Let’s have a look at our potential profit/loss for the possible outcomes…
| Man City win | + £18.00 – £18.80 + £4.00 (extract 80% of £5.00 free bet) = £3.20 profit |
| Man City don’t win | – £20.00 + £19.19 (£19.59 minus 2% commission) = £0.81 loss |
So, if Man City win, we’ll make a nice profit of £3.20, otherwise we’ll have made a small loss of £0.81. Risking £0.81 to make a profit of £3.20, gives us effective odds of 4.95, so given that the odds of Man City winning are only 1.90, this is a profitable offer in the long run.
If eligible, our free bet will be credited within 48 hours and will be valid for 7 days. Free bet stakes are not returned with any winnings.
If you’re unsure how to extract 80% cash from a £5.00 free bet, please see my Free Bet Strategy page for a walk-through guide on how it should be done.
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?
Ask the community on Discord, or leave me a comment below.
I usually respond within 24 hours.
Matt Kirman – Matched Betting Blogger
Since 2014, I’ve blogged over £100,000 worth of profit, and made it my mission to make matched betting accessible to everyone.