It’s Tottenham v Everton in Sunday’s late kick-off and Genting Bet are getting in on the action! Simply place a £10.00+ pre-match bet on Tottenham v Everton and Genting Bet will give us a free bet equal to the amount of goals scored in the game. Translated into matched betting terms, this gives us a potential profit of £3.44 and here’s how…
Key Terms:
- The minimum stake to qualify is £10.00.
- We must place our bet at odds of 1.50 (1/2) or greater.
- Qualifying bets must be placed before 16:30 (kick-off) on Sunday 13th September 2020.
- Maximum free bet of £5.00.
Qualifying Bet:
If you’d like more information about qualifying bets and how they work, please see my Qualifying Bets Guide.
It’s entirely up to you what you place your qualifying bet on. Having looked at the odds available, we could place our qualifying bet on Tottenham in the Match Result market.
At the time of writing, laying our bet at Smarkets gives us the smallest qualifying loss.
If you’re not yet signed up, Smarkets are currently offering a £10.00 welcome bonus for new customers.
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 £9.64…
Place £10.00 on Tottenham @ 1.85 = Potential profit of £8.50
Lay £9.64 on Tottenham @ 1.94 = Potential liability of £9.06
Outcomes:
Let’s have a look at our potential profit/loss for the possible outcomes…
| Outcome | Bookie | Exchange | Profit/Loss |
|---|---|---|---|
| Tottenham win | +£8.50 | -£9.06 | £0.56 loss |
| Tottenham don’t win | -£10.00 | +£9.44 | £0.56 loss |
So, regardless of the outcome, we’ll lose £0.56 in qualifying for our potential free bet.
Free Bet:
We’ll receive a free bet equal to the amount of goals scored in the game, up to a maximum of £5.00. Free bets will be credited by 23:59 on Monday 14th September 2020 and will be valid for 3 days. Free bet stakes will not be included with any returns.
Using straightforward matched betting, we should be able to convert any free bet into around 80% cash.
Therefore, if 5 goals are scored in the game, we should be able to get £4.00 cash from our £5.00 free bet. If we take into account our qualifying loss of £0.56, this gives us a potential profit of £3.44 on this Genting Bet offer!
* Everton won the match 1-0, resulting in a profit of £0.24 on this Genting Bet offer. *
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Matt Kirman – Matched Betting Blogger
Since 2014, I’ve blogged over £90,000 worth of profit, and made it my mission to make matched betting accessible to everyone.