£6.80
Potential Profit
£-1.20
Actual Profit

US Open Championship 2019 Offer – William Hill


Posted by Matt (administrator) Matt
Start Time: 13/06/2019 14:45

The US Open Championship 2019 gets underway on Thursday and you don’t want to miss this William Hill offer! Simply bet £10.00 on the Tournament Winner market and William Hill will give us a £10.00 free bet every time our player makes an Eagle. Translated into matched betting terms, this gives us a potential profit of £6.80 and here’s how…

Banner showing the US Open Championship 2019 offer from William Hill

Key Terms:

  • Qualifying bets must be placed between 00:01 on Monday 10th June 2019 and 14:45 (tee-off) on Thursday 13th June 2019.
  • We must place a £10.00 Win or £5.00 Each Way bet on the Tournament Winner market for the US Open Championship 2019.
  • We’ll receive a £10.00 free bet every time our selected player makes an Eagle.

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 Tiger Woods.

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 £8.98…

William Hill logo

Place £10.00 on Tiger Woods @ 13.00 = Potential profit of £120.00

Smarkets logo

Lay £8.98 on Tiger Woods @ 14.50 = Potential liability of £121.23

Outcomes:

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

OutcomeBookieExchangeProfit/Loss
Tiger Woods wins+£120.00-£121.23£1.23 loss
Tiger Woods doesn't win-£10.00+£8.80£1.20 loss

So, regardless of the outcome, we’ll lose a maximum of £1.23 in qualifying for our potential free bets.

Free Bets:

We’ll receive a £10.00 free bet every time our player makes an Eagle. For those of you that aren’t familiar with scoring in golf, an Eagle is made when a player completes a hole in two shots less than par.

Eagles are a rarity in golf, so we shouldn’t expect any player to make more than one throughout the Championship. If Tiger Woods makes an Eagle, we’ll receive a £10.00 free bet.

Free bets will be credited by 12:00 the following day and will be valid for 4 days. Free bet stakes will not be included in any returns.

By using straightforward matched betting, we should be able to extract 80% cash from our £10.00 free bet, so £8.00. If we take into account our minimum qualifying loss of £1.20, this gives us a potential profit of £6.80 on this William Hill offer!

* Tiger Woods failed to make an Eagle and went on to finish the tournament in a tie for 21st place, resulting in a loss of £1.20 on this William Hill offer. *

Comments


  1. Stuart D

    Guest user

    Apologies if already mentioned in description, but you can do it each way at £5 and still qualify

    +0
    Reply
    1. Matt

      167

      Yes Stuart, see the ‘Key Terms’ section mate.

      +0
      Reply
  2. Chris

    Guest user

    Hi I did this promotion and there isn’t a £10 free bet, you only get an inlay bet boost

    +0
    Reply
    1. Matt

      167

      Did your selected player make an Eagle Chris?

      If you backed Tiger Woods, you won’t have received one as he didn’t make an Eagle during the tournament.

      +0
      Reply
  3. Malc B

    Guest user

    How many places were you paying for e/way on the us open ?

    +0
    Reply
    1. Matt

      167

      William Hill were paying 7 places at 1/5 odds Malc.

      +0
      Reply

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