TonyBet Offer – Real Madrid v Wolfsburg & Atletico Madrid v Barcelona

The Champions League Quarter-Finals conclude this week and this TonyBet offer is not to be missed. Place a £5.00 Correct Score bet on Real Madrid v Wolfsburg and/or Atletico Madrid v Barcelona 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 £6.22 and here’s how…

Qualifying Bets:

For this offer we need to select correct scores that have tight back and lay odds. If we treat this as a risk-free bet offer and underlay our bets instead of matching them completely, we can guarantee ourselves a profit on any outcome. Having looked at the odds available for Real Madrid v Wolfsburg, I’ve opted to place my qualifying bet on 3-0 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…

Back Bet (Bookie)

%

Lay Bet (Betting Exchange)

%

Min £
Max £
Lay stake required: £
Bookie
Exchange
Cashback
Total
If back (bookie) bet wins
£
£
£
= £
If lay (exchange) bet wins
£
£
£
= £
Total profit: £

Optimal Underlay

Lay stake required: £
Exchange liability: £

If back (bookie) bet wins: £
If lay (exchange) bet wins: £

Optimal Overlay

Lay stake required: £
Exchange liability: £

If back (bookie) bet wins: £
If lay (exchange) bet wins: £

As you can see, the calculator tells us that our lay stake should be £3.68…

tonybet

Place £5.00 on 3-0 Real Madrid @ 8.25 = Potential profit of £36.25

smarkets white

Lay £3.68 on 3-0 Real Madrid @ 10.00 = Potential liability of £33.14

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

3-0 Real Madrid + £36.25 – £33.14 = £3.11 profit
Not 3-0 Real Madrid – £5.00 + £3.61 + £4.50 (extract 90% from our £5.00 bonus) = £3.11 profit

So, regardless of the result of the match, we will make a guaranteed profit of £3.11. If we follow the same strategy for Atletico Madrid v Barcelona on Wednesday, we should make a total guaranteed minimum profit of £6.22 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.

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Matt Kirman - Matched Betting Blogger

Matt KirmanMatched 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.