It’s Tottenham v Juventus at Wembley tonight and you don’t want to miss this Double Winnings offer from 10Bet. Simply place a £10.00+ pre-match bet on Tottenham to beat Juventus and if Tottenham win by two or more goals, 10Bet will double our winnings up to £20.00, in free bets! Translated into matched betting terms, this gives us a potential profit of £13.49 and here’s how…
The Terms:
If you’re unfamiliar with qualifying bets, please see my Qualifying Bet Strategy page for a walk-through guide on how they should be done.
Qualifying bets must be placed between 00:00 and 19:45 (kick-off) on Wednesday 7th March 2018, to be eligible.
To qualify, we must place a £10.00+ pre-match bet on Tottenham in the ‘1X2 FT‘ market. If Tottenham win the match by two or more goals, 10Bet will double our winnings in free bets.
The maximum free bet is £20.00 per customer and this will be credited within 24 hours of our qualifying bet being settled. Free bets will be valid for 7 days and free bet stakes are not included in any returns.
Min. pre-match bet £10 on Tottenham to beat Juventus | Free Bet credited if Tottenham wins by 2 Goals or more | Free Bet equal to winnings minus stake | Max. Free Bet £20 | Free Bets must be used within 7 days | Withdrawal before Free Bet is credited results in ineligibility | Terms apply | 18+
Qualifying bet:
In order to work out our back stake, we need to divide £20.00 by 1.15 (back odds minus 1.00). This gives us a back stake of £17.39. It’s best that we stick to round numbers when placing our qualifying bet, so we should stake £20.00 instead.
I like to place my exchange lay bets with Betfair as they have great liquidity and the site is really easy to use.
We can calculate our lay stake using my matched betting calculator…
As you can see, the calculator tells us that our lay stake should be £19.46…
Place £20.00 on Tottenham @ 2.15 = Potential profit of £23.00
Lay £19.46 on Tottenham @ 2.26 = Potential liability of £24.51
Outcomes:
Let’s have a look at our potential profit/loss for the possible outcomes…
| Tottenham win the match by 1 goal | + £23.00 – £24.51 = £1.51 loss |
| Tottenham win the match by 2+ goals | + £23.00 – £24.51 + £15.00 (75% extracted from £20.00 free bet) = £13.49 profit |
| Tottenham don’t win the match | – £20.00 + £18.48 = £1.52 loss |
So, if Tottenham win the match by two or more goals, we’ll make a nice profit of £13.49. Any other outcome and we’ll lose a maximum of £1.52. Risking £1.52 to make a profit of £13.49, gives us effective odds of 9.88. So, given that Tottenham are odds of just 4.00 to win the match by two or more goals, this is a profitable offer in the long run.
* Tottenham lost the match 2-1, resulting in a loss of £1.52 on this 10Bet offer. *
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Matt Kirman – Matched 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.