The World Cup 2018 will soon be upon us and you don’t want to miss this TLCBet offer! Bet exactly £10.00 on the winner of the World Cup and TLCBet will give us a £10.00 bonus to use during the tournament. Translated into matched betting terms, this gives us a guaranteed profit of £7.04 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 of exactly £10.00 must be placed at odds of 2.00 (evens) or greater between 10.00 on Friday 1st June 2018 and 10:00 on Monday 11th June 2018, to be eligible.
Having looked at the odds available, we could place our qualifying bet on Spain.
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 £9.23…
Place £10.00 on Spain @ 7.00 = Potential profit of £60.00
Lay £9.23 on Spain @ 7.60 = Potential liability of £60.91
Let’s have a look at our potential profit/loss for the possible outcomes…
Spain win | + £60.00 – £60.91 = £0.91 loss |
Spain don’t win | – £10.00 + £9.04 (£9.23 minus 2% commission) = £0.96 loss |
So, regardless of who wins the tournament, we’ll lose a maximum of £0.96 in qualifying for our £10.00 bonus.
Bonus:
Our £10.00 bonus will be credited within 48 hours from Monday 11th June 2018 and will be valid for 5 days. Our bonus stake is not included in any returns, so this is pretty much the same as a standard free bet.
By using straightforward matched betting, we should be able to extract 80% cash from our £10.00 bonus, so £8.00. If we take into account our maximum qualifying loss of £0.96, this gives us a guaranteed profit of £7.04 on this TLCBet offer!
* Spain did not win the tournament, resulting in a profit of £7.04 on this TLCBet offer. *
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Matt Kirman – Matched Betting Blogger
Since 2014, I’ve blogged over £90,000 worth of profit, and made it my mission to make matched betting accessible to everyone.