The Champions League knockout stages continue this week and this TonyBet offer is not to be missed. Place a £5.00 Correct Score bet on Real Madrid v Roma and/or Chelsea v PSG and if it loses, TonyBet will refund us as a bonus up to a maximum of £5.00. Translated into matched betting terms, this gives us a guaranteed minimum profit of £5.64 and here’s how…
Qualifying Bet:
For this offer we need to select a correct score that has tight back and lay odds. If we underlay our bet instead of matching it completely, we can guarantee ourselves a profit on any outcome. Having looked at the odds available for Real Madrid v Roma, I’ve opted to place my qualifying bet on 2-1 to Real Madrid.
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 ‘Risk-Free Bet’ setting on my matched betting calculator…
As you can see, the calculator tells us that our lay stake should be £3.39…
Place £5.00 on 2-1 Real Madrid @ 8.00 = Potential profit of £35.00
Lay £3.39 on 2-1 Real Madrid @ 10.50 = Potential liability of £32.18
Let’s have a look at our potential profit/loss for the possible outcomes…
2-1 Real Madrid | +£35.00 – £32.18 = £2.82 profit |
Not 2-1 Real Madrid | -£5.00 + £3.32 + £4.50 (extract 90% from our £5.00 bonus) = £2.82 profit |
So, regardless of the result of the match, we will make a guaranteed minimum profit of £2.82. If we follow the same strategy for Chelsea v PSG on Wednesday, we should make a guaranteed minimum profit of £5.64 on this TonyBet offer.
The above calculations are made on the basis that, should our correct score bet lose, we can extract 90% from our £5.00 bonus as cash, so £4.50. This is because any bonuses we receive must be rolled over once at minimum odds of 1.85 or above.
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.