£7.69
Guaranteed Profit
£7.70
Actual Profit

Tottenham v Liverpool Offer – Betway


Posted by Matt (administrator) Matt
Start Time: 15/09/2018 12:30

It’s Tottenham v Liverpool in the Premier League on Saturday and you don’t want to miss this Betway offer! Bet £5.00+ on any Tottenham v Liverpool market and Betway will give us a £10.00 free bet. Translated into matched betting terms, this gives us a guaranteed profit of £7.69 and here’s how…

Key Terms:

  • The minimum stake for this offer is £5.00.
  • Qualifying bets must be placed at odds of 2.00 (evens) or greater.
  • Free bet will be credited within 24 hours of our qualifying bet being settled.

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.

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 Liverpool in the Win/Draw/Win market.

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

We can calculate our lay stakes 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 £4.79…

Betway logo

Place £5.00 on Liverpool @ 2.30 = Potential profit of £6.50

Smarkets logo

Lay £4.79 on Liverpool @ 2.42 = Potential liability of £6.80

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

Liverpool win+ £6.50 – £6.80 = £0.30 loss
Liverpool don't win- £5.00 + £4.69 (£4.79 minus 2% commission) = £0.31 loss

So, regardless of the outcome, we’ll make a maximum loss of £0.31 in qualifying for our £10.00 free bet.

Free Bet:

Our £10.00 free bet will be credited within 24 hours of our qualifying bet being settled and will be valid for 7 days. Free bet stakes are not included in any returns.

By using straightforward matched betting, we should be able to extract 80% cash from our £10.00 free bet, so £8.00. If we take into account our maximum qualifying loss of £0.31, this gives us a guaranteed profit of £7.69 on this Betway offer!

* Liverpool won the match 2-1, resulting in a profit of £7.70 on this Betway offer. *

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