TonyBet Offer – England at Euro 2016

Iceland stand in England’s way of the Euro 2016 Quarter-Finals and TonyBet are getting in on the action! Simply place a £20.00 bet on England to reach the Semi-Finals, and if they fail to do so, TonyBet will refund half our stake as a bonus! Translated into matched betting terms, this gives us a guaranteed profit of £4.75 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 before 20:00 today (Monday 27th June 2016), to be eligible.

You can find the promotion under ‘Promotions’ and then ‘Get The Kickin Euro2016 Bet’.

We can calculate our lay stake by selecting the ‘Risk-Free Bet’ setting on my matched betting calculator. We can enter £8.00 as our ‘Cashback’ amount, as this is the amount we can expect to extract from our £10.00 bonus if our qualifying bet loses…

As you can see, the calculator tells us that our lay stake should be £17.63…

Let’s have a look at our potential profit/loss for the possible outcomes…

So, regardless of how far England progress, we will make a guaranteed profit of £4.75 on this TonyBet offer!

If England fail to reach the Semi-Finals, our bonus refund will be credited by 16:00 the following day.

Bonuses need rolling over six times at minimum odds of 1.90 or greater before we are able to withdraw. The above calculations are therefore based on the assumption that, by using straightforward matched betting, we should be able to extract 80% cash from our £10.00 bonus.