France are expected to do well at Euro 2016 you don’t want to miss this Totesport price boost! They’ve enhanced France to win Euro 2016 from 3/1 to a tasty 4/1. Translated into matched betting terms, this gives us a guaranteed profit of £11.87 and here’s how…
Price Boost:
The maximum stake for this price boost is £100.00.
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 stakes using my matched betting calculator…
As you can see, the calculator tells us that our lay stake should be £114.16…
Place £100.00 on France @ 5.00 = Potential profit of £400.00
Lay £114.16 on France @ 4.40 = Potential liability of £388.13
Let’s have a look at our profit/loss for the two potential outcomes…
France win | + £400.00 – £388.13 = £11.87 profit |
France don’t win | – £100.00 + £111.87 (£114.16 minus 2% commission) = £11.87 profit |
So, regardless of who wins Euro 2016, we will make a guaranteed profit of £11.87 on this Totesport offer.
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Matt Kirman – Matched 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.