The World Cup 2018 is fast approaching and you don’t want to miss this Money Back Special from 188BET. Simply bet £25.00 via mobile on the World Cup 2018 Outright Winner market and if Brazil win the tournament, 188BET will refund our first losing bet in cash, up to £25.00. Translated into matched betting terms, this gives us a potential profit of £23.03 and here’s how…
Qualifying Bet:
If you’re unsure about how to place qualifying bets, check out my Qualifying Bet Strategy page for a walk-through guide on how they should be done.
Qualifying bets must be placed via mobile between 00:01 on Saturday 26th May 2018 and 19:00 on Sunday 17th June 2018, to be eligible.
We need to place our qualifying bet on any team other than Brazil in the Outright Winner market. Having looked at the odds available, we could place our qualifying bet on France.
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…
As you can see, the calculator tells us that our lay stake should be £23.50…
Place £25.00 on France @ 7.50 = Potential profit of £162.50
Lay £23.50 on France @ 8.00 = Potential liability of £164.50
Outcomes:
Let’s have a look at our potential profit/loss for the possible outcomes…
| France win | + £162.50 – £164.50 = £2.00 loss |
| Brazil win | – £25.00 + £23.03 + £25.00 (cash refund) = £23.03 profit |
| Another team wins | – £25.00 + £23.03 = £1.97 loss |
So, we’ll make a nice profit of £23.03 if Brazil win the World Cup 2018 and we stand to lose a maximum of £2.00 on any other outcome. Risking £2.00 to make a profit of £23.03 gives us effective odds of 12.52. So, given that Brazil are odds of 5.50 (9/2) to win the tournament, this is a profitable offer in the long run.
If Brazil win the World Cup 2018, our cash refund will be credited by 12:00 on Wednesday 18th July 2018.
* France won the tournament, resulting in a loss of £2.00 on this 188BET offer. *
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Matt Kirman – Matched 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.