It’s West Brom v Aston Villa in the Championship Play-Offs on Tuesday and you don’t want to miss this Golden Goal offer from William Hill! Simply place a bet on West Brom or Aston Villa to win the match and if our selected team scores first, but doesn’t go on to win, William Hill will pay us out as a winner, in cash, up to £50.00! Translated into matched betting terms, this gives us a potential profit of £77.76 and here’s how…
Key Terms:
- Promotion available on selected matches from 00:00:01 on 5th January 2019 until 23:59:59 on 1st June 2019.
- Qualifying Single bets must be placed on the 90 Minutes market for West Brom v Aston Villa.
- Qualifying bets must be placed before 20:00 (kick-off) on Tuesday 14th May 2019.
Golden Goal Winnings:
Golden Goal winnings will be paid as cash, up to a maximum of £50.00 (plus our stake, or the proportion of our stake that contributed to those winnings).
- If we stake £100 at odds of 1.50 (1/2), we’ll receive £150 in cash (£50 winnings, plus our £100 stake)
- If we stake £100 at odds of 2.00 (evens), we’ll receive £100 in cash (£50 max. winnings, plus the £50 of our stake that contributed to those winnings)
- If we stake £100 at odds of 3.50 (5/2), we’ll receive £70 in cash (£50 max. winnings, plus the £20 of our stake that contributed to those winnings)
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 West Brom in the 90 Minutes market.
If West Brom score first and go on to draw or lose the match, our winnings will be paid in cash, up to a maximum of £50.00.
To calculate our back stake, we just need to divide £50.00 by 1.70 (back odds minus 1.00), which gives us £29.41. It’s best that we stick to round numbers when placing our qualifying bet, so we should stake £30.00 instead.
At the time of writing, laying our bet at Smarkets gives us the smallest qualifying loss.
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 £28.93…
Place £30.00 on West Brom @ 2.70 = Potential profit of £51.00
Lay £28.93 on West Brom @ 2.82 = Potential liability of £52.65
Outcomes:
Let’s have a look at our potential profit/loss for the possible outcomes…
Outcome | Bookie | Exchange | Profit/Loss |
---|---|---|---|
West Brom score first and win | +£51.00 | -£52.65 | £1.65 loss |
West Brom score first and don’t win | +£49.41 | +£28.35 | £77.76 profit |
West Brom don’t score first and win | +£51.00 | -£52.65 | £1.65 loss |
West Brom don’t score first and don’t win | -£30.00 | +£28.35 | £1.65 loss |
So, if West Brom score first and go on to draw or lose the game, we’ll receive cash winnings of £50.00, plus the £29.41 of our stake that contributed to those winnings, giving us a profit of £49.41 at William Hill. We’ll also win £28.35 from our lay bet at Smarkets, giving us an overall potential profit of £77.76!
Any other outcome and we’ll lose £1.65. Risking £1.65 to make a profit of £77.76, gives us effective odds of 48.13, 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 3 hours of the match finishing or by no later than 12:00 on Wednesday 15th May 2019.
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 1.80 (4/5), you would divide £79.41 (£1.65 + £77.76) by 1.80, giving you a back stake of £44.12 and a guaranteed profit of £33.64.
* West Brom scored first and went on to win the match 1-0 in 90 minutes, resulting in a loss of £1.65 on this William Hill offer. *
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Andy
Guest userI have heard mentioned a method where you can guarantee profit on this offer, albeit a much smaller profit. Could somebody please explain this?
Caz893
Guest userI think you can place lay on next goal on the team you bet for golden goal. To ensure profit
Steve55
Guest userHi Andy
That would be lay the next goal at Betfair..same as a normal lay bet….eg.back WBA at WH….lay next goal WBA at Betfair…
Mark
Guest userCan you cash out you lay bet to guarantee a profit if the golden goal comes in?
Ric
Guest userYep – that’s what I do, because I’m too lazy to work out the correct back bet.
Mark
Guest userDam wish I did that now. I decided to let it run