£4.20
Guaranteed Profit
£4.21
Actual Profit

The Masters 2019 Offer – MansionBet


Posted by Matt (administrator) Matt
Start Time: 11/04/2019 13:15

The Masters 2019 gets underway on Thursday and you don’t want to miss this MansionBet ‘Bet £20, Get £10’ offer! Simply bet £20.00+ on the Outright Winner market and MansionBet will give us a £10.00 free bet to use in play on the golf. Translated into matched betting terms, this gives us a guaranteed profit of £4.20 and here’s how…

Key Terms:

  • We must opt-in to the promotion on the promotion page.
  • We must bet £20.00 or more on the US Masters 2019 – Winner market (pre-tournament bets only).
  • To receive our free bet, we must ‘Accept’ the promotion pop-up after qualifying bet placement.

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.

It’s entirely up to you who you place your qualifying bet on. Having looked at the odds available, we could place our qualifying bet on Rory McIlroy.

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…

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 £17.06…

MansionBet logo

Place £20.00 on Rory McIlroy @ 8.00 = Potential profit of £140.00

Smarkets logo

Lay £17.06 on Rory McIlroy @ 9.40 = Potential liability of £143.30

Outcomes:

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

OutcomeBookieExchangeProfit/Loss
Rory McIlroy wins+£140.00-£143.30£3.30 loss
Rory McIlroy doesn't win-£20.00+£16.71£3.29 loss

So, regardless of the outcome, we’ll lose a maximum of £3.30 in qualifying for our £10.00 free bet.

Free Bet:

Our £20.00 free bet will be credited upon placement of our qualifying bet and will be valid on in play golf markets, excluding the Outright Winner market. Free bets will be valid for 4 days and free bet stakes will not be included in any returns.

By using straightforward matched betting, we should be able to extract 75% cash from our £10.00 free bet, so £7.50. If we take into account our maximum qualifying loss of £3.30, this gives us a guaranteed profit of £4.20 on this MansionBet offer!

* Rory McIlroy failed to win the tournament, resulting in a profit of £4.21 on this MansionBet offer. *

Comments


  1. Chris

    Guest user

    Anyone else unable to find an inplay market to use there bet only winner and 1st round winner

    +0
    Reply
  2. Marcus

    Guest user

    Anyone else not had theirs credited yet?

    +0
    Reply
    1. Phil

      Guest user

      Live chat saying the offer expired at midday today but I was sure it said 3pm in the T+Cs but they aren’t providing me with them.

      +0
      Reply
      1. Matt

        168

        I don’t have the terms to hand either Phil, but it did state pre-tournament bets only and I think the action got underway at around 13:15 on Thursday. Unless they mean they pulled the offer at midday?

        +0
        Reply
  3. jimbojack

    Guest user

    I can see my free bet, but I’ve been unable to make it appear in my betslip, so I’m unable to use it so far.

    +0
    Reply
    1. Nick

      Guest user

      Mines in my free bets but I’m unable to use it also.
      I’ve tried the live golf tab but still no luck.
      Will try again today fingers crossed.

      +0
      Reply
  4. Chris

    Guest user

    Same here. And theres only ever one in play match at a time to use it on. Then it’s never available to use

    +0
    Reply
  5. chaw

    0

    Same here, free bet awarded but not showing on betslip.

    +0
    Reply
  6. Wingman

    Guest user

    I still can’t see mine…

    +0
    Reply
  7. Chris

    Guest user

    My free bet showing also but can’t add to betslip. Emailed customer services. Has anyone resolved this issue yet?

    +0
    Reply
  8. Chris

    Guest user

    Every live chat crashes with no answer as well

    +0
    Reply
  9. Chris

    Guest user

    They cant see what you write. Then they close the chat saying theres been no reply

    +0
    Reply
  10. Chris

    Guest user

    Its finally sorted and you can bet on outright market as long as its inplay

    +0
    Reply
    1. Matt

      168

      Thanks for letting us know Chris.

      +1
      Reply
  11. Nick

    Guest user

    I emailed them and had a £10 free bet in my account the next day as my previous golf one expired.
    I assume it’s a goodwill gesture.

    +0
    Reply

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