£33.48
Potential Profit
£-0.51
Actual Profit

Tottenham v Liverpool Offer – Betway


Posted by Matt (administrator) Matt
Start Time: 11/01/2020 17:30

It’s Tottenham v Liverpool in Saturday’s late kick-off and you don’t want to miss this First Goal Wins offer from Betway! Simply bet up to £20.00 on Tottenham or Liverpool to win the match and if our selected team scores first, Betway will pay us out as a winner, in cash, no matter the final result! Translated into matched betting terms, this gives us a potential profit of £33.48 and here’s how…

Key Terms:

  • Maximum qualifying stake of £20.00.
  • Qualifying single bets must be placed on Tottenham or Liverpool in the Win/Draw/Win market.
  • Qualifying bets must be placed before 17:30 (kick-off) on Saturday 11th January 2020.
  • If our selected team score first but don’t win, Betway will pay our bet out in cash, within 24 hours.

Qualifying Bet:

If you’re unfamiliar with qualifying bets, please see my Qualifying Bet Strategy page for a walk-through guide on how it should be done.

Having looked at the odds available, we could place our qualifying bet on Liverpool in the Win/Draw/Win market.

If Liverpool score first and go on to draw or lose the match, Betway will pay our bet out as a winner, in cash.

At the time of writing, laying our bet at Betfair gives us the smallest qualifying loss.

Betfair are currently running a great sign up offer where you pay 0% commission up to £500 for the first 30 days…

Banner showing the zero commission sign up offer from Betfair

Banner showing the zero commission sign up offer from Betfair

If you already have a Betfair account, you can opt to pay just 2% commission by selecting the Basic package.

We can calculate our lay stake 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 £19.88…

Betway logo

Place £20.00 on Liverpool @ 1.70 = Potential profit of £14.00

Betfair logo

Lay £19.88 on Liverpool @ 1.73 = Potential liability of £14.51

Outcomes:

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

OutcomeBookieExchangeProfit/Loss
Liverpool score first and win+£14.00-£14.51£0.51 loss
Liverpool score first and don't win+£14.00+£19.48£33.48 profit
Liverpool don't score first and win+£14.00-£14.51£0.51 loss
Liverpool don't score first and don't win-£20.00+£19.48£0.52 loss

So, if Liverpool score first and go on to draw or lose the game, we’ll receive cash returns of £34.00, giving us a profit of £14.00 at Betway. We’ll also win £19.48 from our lay bet at Betfair, giving us an overall potential profit of £33.48!

Any other outcome and we’ll lose a maximum of £0.52. Risking £0.52 to make a profit of £33.48, gives us effective odds of 65.38, which I’m sure you’ll agree, makes this a profitable offer in the long run.

If eligible, our cash winnings will be credited within 24 hours of the match ending.

Note: If your team scores first, you can either let it run as above or place an extra back bet on them to lock in a profit. If you decide to guarantee a profit, you just need to divide the sum of your potential loss and potential profit by the back odds. For example, if the back odds are 1.25 (1/4), you would divide £33.99 (£0.51 + £33.48) by 1.25, giving you a back stake of £27.19 and a guaranteed profit of £6.28.

* Liverpool scored first and went on to win the match 1-0, resulting in a loss of £0.51 on this Betway offer. *

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