Winner Offer – Man Utd v Chelsea

Manchester Unite face Chelsea on Monday in what is a huge game for both clubs and Winner are getting in on the action. Place a £20.00 mobile bet on any pre-match market in Manchester United v Chelsea and Winner will give us a £10.00 free bet to be used in play on Leicester City v Manchester City on Tuesday night. Translated into matched betting terms, this gives us a guaranteed profit of £7.13 and here’s how…

 

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.

Qualifying bets must be placed pre-match VIA MOBILE at minimum odds of 2.00 (EVENS) or above to be eligible for the free bet. Having looked at the odds available, I’ve opted to place my qualifying bet on a draw.

I like to place my exchange lay bets with Smarkets as they have great liquidity, the site is really easy to use and they only charge 2% commission in comparison to the 5% charged by other betting exchanges.

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 £19.52…

winner

Place £20.00 on a draw @ 3.25 = Potential profit of £45.00

smarkets white

Lay £19.52 on a draw @ 3.35 = Potential liability of £45.87

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

Draw + £45.00 – £45.87 = £0.87 loss
Not a draw – £20.00 + £19.13 = £0.87 loss

So regardless of the result of match, we will lose £0.87 in qualifying for our £10.00 free in play bet.

 

Free Bet:

Our £10.00 free bet will be credited upon settlement of our qualifying bet and can only be used in play via mobile on Leicester City v Manchester City which kicks off at 19:45 on Tuesday 29th December 2015.

By using straightforward matched betting, we should be able to extract 80% of our £10.00 free bet as cash, so around £8.00. If we take into account our qualifying loss of £0.87, this gives us a guaranteed profit of £7.13 on this Winner offer!

If you’re unsure how to extract 80% of our £10.00 free bet, check out my Free Bet Strategy page for a walk-through guide on how it should be done.

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Matt Kirman - Matched Betting Blogger

Matt KirmanMatched 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.