The Abu Dhabi Grand Prix 2021 takes place on Sunday, and LV BET are getting in on the action! Deposit and place a £10.00+ bet on the big race and get a £10 sports bonus if your bet loses. Translated into matched betting terms, this gives us a profit of £3.25 and here’s how…
Key terms
- Applies to single and combi bets placed on the Abu Dhabi Grand Prix 2021.
- Promotion runs from 23:01 on Thursday 9th December 2021 until 13:00 (race starts) on Sunday 12th December 2021.
- Minimum deposit of £10.00.
- Minimum stake of £10.00.
- Minimum odds of 1.50 (1/2).
- If our bet loses, LV BET will give us a £10.00 sports bonus.
Qualifying bet
If our qualifying bet loses, LV BET will give us a £10.00 bonus, so we can treat this as a risk-free bet offer.
At the time of writing, Lewis Hamilton is available in the Winner market at back odds of 2.00 (evens). The lay odds are currently 2.26.
Either exchange works for this offer
Betfair and Smarkets are both great options for this offer. If you’ve not used one of them, now is a great time to give them a try.
- Money back as cash up to £20
- 0% commission for 60 days
We can work out our lay stake by using the ‘Risk-Free Bet’ setting on my Matched Betting Calculator. We can enter £8.00 as our ‘Cashback’ figure as this is the amount we can expect to convert our £10.00 bonus into, should our bet lose…
As you can see, the calculator tells us that our lay stake should be £5.36…
Place £10.00 on Lewis Hamilton @ 2.00 = Potential profit of £10.00
Lay £5.36 on Lewis Hamilton @ 2.26 = Potential liability of £6.75
Outcomes
Let’s have a look at our potential profit/loss for the possible outcomes…
| Outcome | LV BET | Betfair | Bonus | Profit/Loss |
|---|---|---|---|---|
| Hamilton wins | + £10.00 | – £6.75 | £3.25 profit | |
| Another driver wins | – £10.00 | + £5.25 | + £8.00 | £3.25 profit |
So, no matter the outcome, we’ll make a profit of £3.25 on this LV BET offer!
If eligible, our £10.00 bonus will be credited by 16:00 on Tuesday 14th December 2021. Bonuses must be wagered three times (3x) at minimum odds of 1.75 (3/4) within 7 days of activation.
If you’re unsure how to convert your £10.00 bonus into £8.00 cash (80%), please see my bonus rollover guide for a walkthrough of how it should be done.
* Max Verstappen won the race, resulting in £3.25 profit on this LV BET offer. *
More reload offers – Make £300+ per month
With detailed walkthroughs for all the best offers as they’re released, you’ll be bagging recurring profits in no time.
More reload offers
Got a question?
Leave me a comment below…
I usually respond within 24 hours.
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.