Everyone loves a derby and Unibet are no exception. They’re running a fantastic price boost, perfect for us matched bettors! They’re offering 5.00 (4/1) on Newcastle and Manchester City both winning on Sunday. Translated into matched betting terms, this gives us a potential risk-free profit of £14.21 and here’s how…
Price Boost Bet:
Both of the matches included in this price boost kick-off at different times and don’t overlap. Because of this, we can use matched betting to give ourselves a shot at making a risk-free profit by placing a lay bet on the first match and then if Newcastle win, by placing a further lay bet on the second match.
It’s likely that we will all have different staking restrictions for this offer, but the following example is based on a maximum stake of £20.00.
Place £20.00 on Newcastle & Man City to win = Potential profit of £80.00
Match 1: Newcastle v Sunderland (13:30 on Sunday 20th March 2016)
On the first match, we have to cover our original stake of £20.00. If we divide £20.00 by 0.98 (to account for the 2% Smarkets commission), this gives us a lay stake of £20.41.
Lay £20.41 on Newcastle @ 2.20 = Potential liability of £24.49
| If Newcastle win | – £24.49 = £24.49 loss |
| If Newcastle don’t win | – £20.00 + £20.00 = £0.00 |
So if Newcastle fail to win, the offer will be over and we’ll have broken even. However, if Newcastle beat Sunderland, we will have made a loss of £24.49 so far. This means on the next match we will have to cover both the £24.49 and the original stake of £20.00. If we divide £44.49 by 0.98, this gives us a lay stake of £45.40.
Match 2: Man City v Man Utd (16:00 on Sunday 20th March 2016)
Lay £45.40 on Man City @ 1.91 = Potential liability of £41.30
| If Man City win | – £24.49 – £41.30 + £80.00 = £14.21 profit |
| If Man City don’t win | – £20.00 – £24.49 + £44.49 = £0.00 |
So, if Man City don’t win, we’ll have broken even. However, if Man City beat Man Utd, we’ll have made a risk-free profit of £14.21!
Please bear in mind that the Man City v Man Utd lay odds may fluctuate before we place that lay bet, which may affect our overall profit figure if both Newcastle and Man City win.
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Matt Kirman – Matched Betting Blogger
Since 2014, I’ve blogged over £100,000 worth of profit, and made it my mission to make matched betting accessible to everyone.