Super Bowl 2019 Offer – Genting Bet

It’s the Super Bowl 2019 on Sunday night and Genting Bet are getting in on the action! Simply place a £10.00 pre-match bet on New England Patriots @ Los Angeles Rams and Genting Bet will give us a £1.00 free bet for every touchdown scored in the game. Translated into matched betting terms, this gives us a potential profit of £6.23 and here’s how…

Key Terms:

  • Qualifying bets must be placed before 23:30 (kick-off) on Thursday 3rd January 2019.
  • The minimum stake to qualify is £10.00.
  • We must place our bet at odds of 1.80 (4/5) or greater.

Qualifying Bet:

If you’re unfamiliar with qualifying bets, please see my Qualifying Bet Strategy page for a walk-through guide on how they 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 New England Patriots in the Moneyline market.

At the time of writing, laying our bet at Smarkets gives us the smallest qualifying loss.

We can calculate our lay stakes 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 £10.13…

Genting Bet logo

Place £10.00 on New England Patriots @ 1.833 = Potential profit of £8.33

Smarkets logo

Lay £10.13 on New England Patriots @ 1.83 = Potential liability of £8.40

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

Outcome Bookie Exchange Profit/Loss
New England Patriots win +£8.33 -£8.40 £0.07 loss
New England Patriots don’t win -£10.00 +£9.92 £0.08 loss

So, regardless of the outcome, we’ll lose a maximum of £0.08 in qualifying for our potential free bets.

Free Bet:

We’ll receive a £1.00 free bet for every touchdown scored in the game. Free bets will be credited within 24 hours of our qualifying bet settling and will be valid for 3 days. Free bets must be wagered at odds no greater than 5.00 (4/1) and free bet stakes will not be included with any returns.

By using straightforward matched betting, we should be able to extract 70% cash from any free bets.

Therefore, if last year’s total of 9 touchdowns are scored in the game, we’ll receive £9.00 in free bets, from which we can extract £6.30 cash. If we take into account our minimum qualifying loss of £0.07, this gives us a potential profit of £6.23 on this Genting Bet offer!

* New England Patriots won the Super Bowl 13-3 with only 1 touchdown being scored in the game, resulting in a profit of £0.63 on this Genting Bet offer. *

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Matt Kirman - Matched Betting Blogger

Matt KirmanMatched Betting Blogger

Since 2014, I’ve blogged over £70,000 worth of profit, and made it my mission to make matched betting accessible to everyone.