Man City face Arsenal in one of Sunday’s late kick-offs and TonyBet are getting in on the action! Simply bet £15.00 on Man City to win the match and if they are leading at half-time, TonyBet will give us a £5.00 free bet. Translated into matched betting terms, this gives us a potential profit of £3.63 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 it should be done.
This offer only applies to pre-match single bets. If Man City are leading at half-time, TonyBet will give us a £5.00 free bet.
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 my matched betting calculator…
As you can see, the calculator tells us that our lay stake should be £14.93…
Place £15.00 on Man City @ 2.25 = Potential profit of £18.75
Lay £14.93 on Man City @ 2.28 = Potential liability of £19.12
Let’s have a look at our potential profit/loss for the possible outcomes…
Man City win | + £18.75 – £19.12 = £0.37 loss |
Man City don’t win | – £15.00 + £14.63 (£14.93 minus 2% commission) = £0.37 loss |
So, regardless of the outcome, we will lose £0.37 in qualifying for our potential free bet.
Free bet
If Man City are leading at half-time, we will receive a £5.00 free bet. Free bets will be credited within 48 hours of the match starting and will be valid for 48 hours. Free bet stakes are not included in any returns.
By using straightforward matched betting, we should be able to extract 80% cash from our £5.00 free bet, so £4.00. If we take into account our qualifying loss of £0.37, this gives us a potential profit of £3.63 on this TonyBet offer!
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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.