The Epsom Derby Festival 2019 gets underway on Friday and you don’t want to miss this MoPlay ‘Bet £20, Get £10’ offer! Simply bet £20.00+ via mobile on Friday’s races and MoPlay will give us a £10.00 free bet to use on Saturday. Translated into matched betting terms, this gives us a guaranteed profit of £6.45 and here’s how…
Key Terms:
- We must bet £20.00 or more on racing at Epsom on Friday 31st May 2019, from a mobile device.
- At the time of writing, there doesn’t appear to be a minimum odds requirement for our qualifying bet.
- Free bets will be credited within a couple of hours of our qualifying bet being settled.
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 what you place your qualifying bet on. Having looked at the odds available, we could place our qualifying bet on Urban Icon in the 17:15 at Epsom.
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…
As you can see, the calculator tells us that our lay stake should be £18.83…
Place £20.00 on Urban Icon @ 4.50 = Potential profit of £70.00
Lay £18.83 on Urban Icon @ 4.80 = Potential liability of £71.55
Outcomes:
Let’s have a look at our potential profit/loss for the possible outcomes…
| Outcome | Bookie | Exchange | Profit/Loss |
|---|---|---|---|
| Urban Icon wins | +£70.00 | -£71.55 | £1.55 loss |
| Urban Icon doesn’t win | -£20.00 | +£18.45 | £1.55 loss |
So, regardless of the outcome, we’ll lose £1.55 in qualifying for our £10.00 free bet.
Free Bet:
Our £10.00 free bet will be credited within a couple of hours of our qualifying bet being settled and will be valid on any race at Epsom on Saturday 1st June 2019. 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 qualifying loss of £1.55, this gives us a guaranteed profit of £6.45 on this MoPlay offer!
* Urban Icon failed to win the race, resulting in a profit of £6.45 on this MoPlay offer. *
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Matt Kirman – Matched Betting Blogger
Since 2014, I’ve blogged over £100,000 worth of profit, and made it my mission to make matched betting accessible to everyone.