There’s a big day of racing at Doncaster today and you don’t want to miss this Totesport price boost! They’ve enhanced San Benedeto to win the 14:25 at Doncaster from 3/1 to a tasty 4/1. Translated into matched betting terms, this gives us a risk-free potential profit of £12.21 and here’s how…
Price Boost bet:
Maximum stakes for this offer may vary for different accounts, but the following example is based on a maximum stake of £100.00.
You’ll find the boost under Horse Racing > Price Boosts > Price Boosts 14:25
We can underlay San Benedeto at Smarkets to make this offer risk-free…
We just need to divide our stake of £100.00 by 0.98 to account for the 2% commission that Smarkets charge on net winnings. This gives us a lay stake of £102.04…
Place £100.00 on San Benedeto @ 5.00 = Potential profit of £400.00
Lay £102.05 on San Benedeto @ 4.80 = Potential liability of £387.79
Let’s have a look at our profit/loss for the two potential outcomes…
| San Benedeto wins | + £400.00 – £387.79 = £12.21 profit |
| San Benedeto doesn’t win | – £100.00 + £100.00 (£102.05 minus 2% commission) = £0.00 |
So, if San Benedeto doesn’t win, we’ll break even and there’s no harm done. If San Benedeto does win however, we’ll make a nice risk-free profit of £12.21 on this Totesport price boost.
NOTE: If you don’t want to underlay this price boost, you can just lay it normally for a guaranteed profit of £2.51.
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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.