TonyBet Price Boost – Leicester City

Leicester City are champions of England and it’s unlikely that the bookies will offer odds of 5000/1 ever again! Having said that, TonyBet are running a fantastic price boost on Leicester City to make it back-to-back titles! Whilst most other bookies have Leicester City priced at around 25/1, TonyBet are offering odds of 200/1 on them to repeat the feat! Translated into matched betting terms, this gives us a guaranteed profit of £49.77 and here’s how…

Price Boost:

The price boost is available for a limited time only and has a maximum stake of £10.00.

We can calculate our lay stakes using 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 £62.91…

tonybet

Place £10.00 on Leicester City @ 201.00 = Potential profit of £2,000.00

betfair logo

Lay £62.91 on Leicester City @ 32.00 = Potential liability of £1,950.23

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

Leicester City win + £2000.00 – £1950.23 = £49.77 profit
Leicester City don’t win – £10.00 + £59.77 (£62.91 minus 2% commission) = £49.77 profit

So, regardless of who wins the Premier League 2016/17, we will make a guaranteed profit of £49.77 on this TonyBet offer.

The obvious drawback to the above method is that we would be tying up a lot of cash in our exchange account, so it’s only really viable to those with a large bankroll. The odds above, do however, illustrate just how good a price boost this is. Ordinarily, I wouldn’t encourage punting, but at 200/1, this price boost is worth £10.00 of anyone’s money.

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Matt Kirman - Matched Betting Blogger

Matt KirmanMatched 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.