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…
As you can see, the calculator tells us that our lay stake should be £62.91…
Place £10.00 on Leicester City @ 201.00 = Potential profit of £2,000.00
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
Since 2014, I’ve blogged over £100,000 worth of profit, and made it my mission to make matched betting accessible to everyone.