It’s the Epsom Derby this afternoon (16:30) and you don’t want to miss this William Hill price boost! They’re enhancing Cliffs Of Moher to win from 4/1 to 6/1! Translated into matched betting terms, this gives us a guaranteed profit of £10.38 and here’s how…
Price Boost:
This price boost will be available to ALL customers from 08:30 today (Saturday 3rd June 2017) and will be available for a limited time only!
Maximum stakes for this offer may vary for different accounts, but the following example is based on a maximum stake of £50.00.
I like to place my exchange lay bets with Smarkets as they have great liquidity, the site is really easy to use and they only charge 2% commission in comparison to the 5% charged by other betting exchanges.
We can calculate our lay stakes using my matched betting calculator…
As you can see, the calculator tells us that our lay stake should be £61.62…
Place £50.00 on Cliffs Of Moher @ 7.00 = Potential profit of £300.00
Lay £61.62 on Cliffs Of Moher @ 5.70 = Potential liability of £289.61
Let’s have a look at our profit/loss for the two potential outcomes…
| Cliffs Of Moher wins | + £300.00 – £289.61 = £10.39 profit |
| Cliffs Of Moher doesn’t win | – £50.00 + £60.38 (£61.62 minus 2% commission) = £10.38 profit |
So, regardless of the outcome, we’ll make a guaranteed profit of £10.38 on this William Hill price boost!
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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.