It’s the FA Cup 3rd Round this weekend and Toals are getting in on the action! Simply place a £20.00+ bet on the Outright Winner of the 2017/18 FA Cup and Toals will give us a £2.00 free bet each time our team wins a match in the competition. Translated into matched betting terms, this gives us a potential profit of £7.68 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 Tuesday 19th December 2017 and 19:30 on Friday 5th January 2018, to be eligible.
It’s entirely up to you who you place your qualifying bet on. Having looked at the odds available, we could place our qualifying bet on Tottenham.
I like to place my exchange lay bets with Betfair as they have great liquidity and the site is really easy to use.
You can find outright winner market via the following link trail…
Football > English FA Cup > Winner 2017/18
We can work out our lay stake by entering our odds into my matched betting calculator…
As you can see, the calculator tells us that our lay stake should be £19.67…
Place £20.00 on Tottenham @ 9.00 = Potential profit of £160.00
Lay £19.67 on Tottenham @ 9.20 = Potential liability of £161.29
Let’s have a look at our potential profit/loss for the two outcomes…
Tottenham win | + £160.00 – £161.29 = £1.29 loss |
Tottenham don’t win | – £20.00 + £18.68 (£19.67 minus 5% commission) = £1.32 loss |
So, regardless of who wins the trophy, we’ll lose a maximum of £1.32 in qualifying for our potential free bets.
Free Bets:
Every time our selected team wins a match in the competition, we’ll receive a £2.00 free bet at the end of each gameweek, or by 12:00 the following day if our team wins a replay (extra-time/penalties included). Free bets will be valid for 7 days.
If Tottenham progress through each round and go on to win the FA Cup, we’ll receive £12.00 (6 x £2.00) in free bets.
By using straightforward matched betting, we should be able to extract 75% of our free bets as cash, so £9.00. If we take into account our maximum qualifying loss of £1.32, this gives us a potential profit of £7.68 on this Toals offer!
* Tottenham got knocked out of the FA Cup at the Semi-Final stage, resulting in a profit of £4.68 on this Toals offer. *
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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.