The Open Championship 2019 tees off on Thursday and it’s time for a QuinnBet Money Back Special! If our selected player finishes 2nd, 3rd, 4th or 5th, QuinnBet will refund our stake as a free bet, up to a maximum of £20.00. Translated into matched betting terms, this gives us a potential profit of £17.76 and here’s how…
Key Terms:
- Applies to win singles and the win part of each way bets.
- Applies to bets placed on The Open Championship 2019 – Outright market.
- Qualifying bets must be placed before 06:35 (first tee-off) on Thursday 18th July 2019.
- If our selected player finishes 2nd, 3rd, 4th or 5th (including ties), QuinnBet will refund our stake as a free bet, up to £20.00.
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.
It’s entirely up to you which player you go for, but it would make sense to select a player with fairly short odds in the hope of a 2nd, 3rd, 4th or 5th place finish.
Having looked at the odds available, we could place our qualifying bet on Rory McIlroy. Rory McIlroy has finished in the top 5 in each of his last four Open Championship appearances.
At the time of writing, laying our bet with 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 £18.13…
Place £20.00 on Rory McIlroy @ 9.50 = Potential profit of £170.00
Lay £18.13 on Rory McIlroy @ 10.50 = Potential liability of £172.23
Outcomes:
Let’s have a look at our potential profit/loss for the possible outcomes…
| Outcome | Bookie | Exchange | Cashback | Profit/Loss |
|---|---|---|---|---|
| Rory McIlroy wins | +£170.00 | -£172.23 | £2.23 loss | |
| Rory McIlroy finishes 2nd 3rd 4th or 5th | -£20.00 | +£17.76 | +£20.00 | £17.76 profit |
| Rory McIlroy finishes outside top 5 | -£20.00 | +£17.76 | £2.24 loss |
So, we’ll make a nice profit of £17.76 if Rory McIlroy finishes 2nd, 3rd, 4th or 5th and we stand to lose a maximum of £2.24 on any other outcome. Risking £2.24 to make a profit of £17.76 gives us effective odds of 8.93, which I’m sure you’ll agree, makes this a profitable offer in the long run.
If eligible, our free bet will be credited within 24 hours and will be valid for 7 days. Free bet stakes will not be included in any returns.
* Rory McIlroy failed to make the cut, resulting in a loss of £2.24 on this QuinnBet 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.